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Chancellor Rachel Reeves can probably breathe a small sigh of relief as, contrary to expectations, inflation has dropped. The rate came in at 2.5% for December, slightly lower than forecast.

A marginal dip in the headline rate of inflation would not normally determine much, if anything. Inflation rising at 2.5% rather than 2.6% does not change much in big economics, nor in the cost of ...

But this unusually important 0.1% drop signals relief, and some respite for Chancellor Rachel Reeves, because of what underpins it. The underlying inflation numbers, which show where price ...

It’s going to be a tough start to the year, although a small drop to 2.5 per cent will give the Chancellor some breathing space.” In response to rising inflation, the Bank of England's Monetary Policy ...

But this unusually important 0.1% drop signals relief, and some respite for Chancellor Rachel Reeves, because of what underpins it. The underlying inflation numbers, which show where price pressures ...

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