Bank of England

U.K. annual inflation climbed further above the Bank of England's target rate in November, official data showed Wednesday, firming expectations that it will avoid cutting interest rates this week.

The Consumer Prices Index reached 2.6 percent in the 12 months to November, up from 2.3 percent for October, the Office for National Statistics (ONS) said in a statement.

Between 2.1% and 2.9% will be inflation in Greece over the three-year period 2024-2026, with structural inflation (excluding food and energy) at 2.5% to 3.4% over the same period, according to the “Inflation Monitor” which published today by the Bank of Greece.

Britain's annual inflation rate fell to a three-year low in September, official data showed on Wednesday, fueling speculation that the Bank of England will resume cutting interest rates next month.

Britain's economy grew less than initially estimated in the second quarter, revised official data revealed on Monday, dealing another early blow to new Prime Minister Keir Starmer and his Labour government.

In his weekly review, Prime Minister Kyriakos Mitsotakis refers to the 11 changes being introduced this year in education to provide free, equal and free access to all students across Greece.

Private deposits and loans to the private sector fell in July after surging in the previous month, according to data released by the Bank of Greece.

Supermarket prices for consumer goods also went down in July.

Rachel Reeves, a former children’s chess champion and Bank of England economist, is expected to become Britain’s first female Chancellor of the Exchequer.

Following Labour’s landslide victory, Reeves is expected to take over the ministry after being the party’s shadow finance minister in opposition.

“ND is not in crisis,” Deputy Finance Minister Nikos Papathanasis replied on the SKY’s “Disparate” program in response to the explosive atmosphere that prevailed at the party’s Central Committee meeting, adding that “this is the healthy process and it should be done in all parties.”