~theguardian-world | Bookmarks (3)

Predictions for when Bank of England will start lowering cost of borrowing pushed back Business live – latest updatesThe UK’s annual inflation rate fell by less than expected in March to 3.2%, complicating the timing of a first Bank of England interest rate cut.Figures from the Office for National Statistics (ONS) show inflation continued to fall from 3.4% in February to reach the lowest...

Live, rolling coverage of business, economics and financial markets as exchange-traded funds help biggest cryptocurrency rallyThe European Commission’s use of Microsoft email and office software broke its own privacy rules, an EU privacy watchdog has ruled.Microsoft’s software transferred personal data outside the EU, breaching privacy rules, according to the European Data Protection Supervisor. Continue reading...

Surprise uptick to 4.0% complicates forecasts that Bank of England will cut interest ratesAnalysis: inflation rise complicates outlook on interest ratesWhich UK goods and services have changed most in price?UK inflation rose unexpectedly to 4.0% in December in the first increase for 10 months, complicating the timing of interest rate cuts from the Bank of England this year.The Office for National Statistics said annual...