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UK inflation rockets in April, Reeves 'disappointed' by data

(Reuters) -Britain suffered a bigger-than-expected inflation surge in April, including in areas watched closely by the Bank of England which investors now believe will have to slow its already gradual pace of interest rate cuts. Inflation leapt to 3.5% in April from 2.6% in March, the Office for National Statistics said, the highest reading since January 2024 and the largest increase between two months since 2022 when inflation was rocketing above 10%. A Reuters poll of economists had pointed to a reading of 3.3% in consumer price inflation in April.

Raccontata dafinance.yahoo.comdailymail.co.uk

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AI · summaries
finance.yahoo.comStai leggendo1 anni fa

UK inflation rockets in April, Reeves 'disappointed' by data

(Reuters) -Britain suffered a bigger-than-expected inflation surge in April, including in areas watched closely by the Bank of England which investors now believe will have to slow its already gradual pace of interest…

originale
dailymail.co.uk1 anni fa

Marks and Spencer say cyber attack will cut operating profits by £300m

Marks and Spencer has said disruption from a major cyber attack is expected to continue through to July and reduce operating profits by around £300million before action to offset the hit.

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Timeline cronologica

  1. mercoledì 21 maggio 2025·finance.yahoo.com

    UK inflation rockets in April, Reeves 'disappointed' by data

    (Reuters) -Britain suffered a bigger-than-expected inflation surge in April, including in areas watched closely by the Bank of England which investors now believe will have to…

  2. mercoledì 21 maggio 2025·finance.yahoo.com

    Britain's M&S says cyberattack to cost $400 million

    LONDON (Reuters) -British retailer Marks & Spencer said on Wednesday a "highly sophisticated cyber" attack would cost it about 300 million pounds ($403 million) in operating…

  3. mercoledì 21 maggio 2025·dailymail.co.uk

    Marks and Spencer say cyber attack will cut operating profits by £300m

    Marks and Spencer has said disruption from a major cyber attack is expected to continue through to July and reduce operating profits by around £300million before action to offset…