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Tag: British Economy

Inflation

UK Inflation Slips Back To Zero In August As Oil Weighs

British annual inflation fell back to zero in August after oil prices recorded their biggest fall since the start of the year, ensuring price growth remained far slower than the Bank of England’s target. Consumer prices rose 0.2 percent on

A ripped Greek national flag flutters in central Athens (LOUISA GOULIAMAKI/AFP/Getty Images)

Will Britain Face The Same EU Dilemma As Greece?

Early this morning Greek MPs voted in favour of a second set of EU imposed austerity measures which will enable an €86 billion (£59 billion) European Union bailout. The reforms include an overhaul of the judiciary system and changes to