Search results
Results from the WOW.Com Content Network
Main page; Contents; Current events; Random article; About Wikipedia; Contact us; Help; Learn to edit; Community portal; Recent changes; Upload file
Prices in the UK went up by 2.5% in the 12 months to December. It means inflation has been above the Bank of England's target for three months in a row. The Bank moves interest rates up and down ...
Uk inflation history inflation hit 24% in 1975 and in 1976 the Sterling crisis occurred, followed by the Winter of Discontent [2]. The traditional measure of inflation in the UK for many years was the Retail Prices Index (RPI), which was first calculated in the early 20th century to evaluate the extent to which workers were affected by price changes during the First World War.
UK inflation accelerated in December for the first time since February last year, official data showed Wednesday. Consumer prices rose 4% last month compared with a year ago, up from a rate of 3.9 ...
Government borrowing for debt (10-year bond) increased to over 15% in the 1970s and early 1980s. The 1973 oil crisis caused an increase in the price of Brent Crude Initiation of the inflationary cycle is traced to Anthony Barber 's 1972 budget which was designed to return the Conservatives to power in an election expected in 1974 or 1975.
‘Unambiguously good news’: inflation drops to 7.9% – but food price hikes ease only slightly UK inflation falls as prices rise less than expected Skip to main content
The National Board for Prices and Incomes was created by the government of Harold Wilson in 1965 in an attempt to solve the problem of inflation in the British economy by managing wages and prices. The board's chairman was Aubrey Jones, formerly a Conservative MP, who resigned his seat to take the position. [1]
For premium support please call: 800-290-4726 more ways to reach us