Friday, 3 December 2021

Tag Archives: British inflation

UK inflation rate rises to 4-year high

LONDON: British inflation unexpectedly jumped to its highest level in nearly four years in May, tightening the squeeze on consumers who now face the added worry of political uncertainty after last week’s inconclusive election. The impact of the fall in the pound since last year’s Brexit vote made itself felt ...

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European equities push higher

LONDON: Europe’s main stock markets pushed higher on Tuesday as investors reacted to a surprise dip in British inflation and shrugged off slower-than-expected German economic growth. Meanwhile, on Wall Street the Dow pulled off a record close after six-day winning streak as US markets continued to adjust following last week’s ...

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