Why are prices rising in the UK?

The rate at which prices are rising remains higher than the Bank of England's 2% inflation target.

Topics

UK inflation rise - what does it mean for me?

Inflation has hit its highest level for eight months, will prices continue to rise at a faster rate?
BBC News - 14m
UK inflation rises to 2.6% in November

Figure cements expectations Bank of England will hold interest rates steady on Thursday
Financial Times - 5h
UK inflation rises to 2.6% in November, in line with expectations

UK inflation data comes after wage growth quashed any last expectation for a final 2024 rate cut from the Bank of England.
CNBC - 5h
Why Optimism for a Cease-Fire in Gaza Is Rising

The pace of peace talks has picked up, pushed by multiple factors, including wars in Lebanon and Syria that have seriously weakened Hamas’s allies and the election victory of Donald J. Trump.
The New York Times - 3h
Gold Prices to Rise More Modestly in 2025

The World Gold Council said that if the economy performs according to market-consensus expectations, gold prices should rise at a more measured pace than this year.
The Wall Street Journal - 6d
Currys says price rises 'inevitable' after Budget

The retailer says it had not planned for the full impact of recent changes to tax and other government policy.
BBC News - 6d
UK property asking prices set to rise by 4% in 2025

Average mortgage rates are also predicted to fall to around 4% by the end of next year, says Rightmove.
Yahoo Sports - 6d
Why are prices still stubbornly high?

The annual inflation rate in the U.S. ticked up slightly in November. The Bureau of Labor Statistics reported that the Consumer Price Index for all items rose 2.7% in the past year, which was in ...
CBS News - 6d
Vodafone boss says prices won't rise after Three 'mega-merger'

The deal, which creates the UK's biggest mobile network, has had to overcome competition concerns.
BBC News - Dec. 5