Reported about 7 hours ago
UK inflation remained steady at 3.8% in September, defying expectations of a rise to 4%, as rising fuel prices were balanced by falling food costs. This stability has sparked optimism around a potential interest rate cut from the Bank of England at its upcoming meeting on November 6, as policymakers hope inflation has peaked. The positive inflation figures are also significant for the Treasury ahead of important budgetary decisions later in November.
Source: YAHOO