What Is Inflation? How Rising Prices Work and Why the Bank of England Raises Interest Rates
UK inflation hit 11.1% in 2022, the highest in 40 years — here's what inflation is, what causes it, and how the Bank of England fights it.
Stories tagged “Economy”.
UK inflation hit 11.1% in 2022, the highest in 40 years — here's what inflation is, what causes it, and how the Bank of England fights it.
India has overtaken Japan to become the world's third-largest economy. What is driving this growth, and what are the real challenges behind…
Inflation is the rate at which prices rise over time. This plain-English explainer covers what causes it, how it is measured, and the…
New visa restrictions and rising compliance costs are reshaping how British employers recruit, with sectors from hospitality to tech…
The UK government's commitment to raise defence spending to 2.5% of GDP marks the most significant shift in military funding in a…
Britain's space sector is worth over £17 billion and employs tens of thousands, but the ambition stretching from Scottish launchpads to…
Central banks manage a nation's money and credit. This explainer covers monetary policy, how interest rates are set, the price-stability…
A recession is a significant, broad-based decline in economic activity. This explainer covers the two-quarters rule of thumb, the more…
An exchange rate is simply the price of one currency in terms of another. This explainer covers floating and fixed regimes, what moves a…
Africa is often described as a uniform story of poverty or of opportunity. The reality is more complex. Here is what the data shows about…
Universal basic income has been piloted in multiple countries. Here is what the evidence says — including the results that supporters and…
Despite years of economic headwinds, a clutch of British manufacturing sectors are not merely surviving — they are growing, innovating, and…
China's property sector accounts for a quarter of its GDP. Its crisis has significant implications that go well beyond China. Here is what…
India is on a trajectory to become the world's third largest economy. Here is what is fuelling the growth and what structural challenges…
Years of on-again, off-again diplomacy have left the prospect of a comprehensive US-UK free trade agreement in a state of cautious…
The Windsor Framework was supposed to fix the Northern Ireland Protocol's problems. Instead, it created a unique economic position—access…
A recession is a significant, broad decline in economic activity; a depression is a far deeper and longer one. Here is how economists tell…
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