The Bank of England's Monetary Policy Committee (MPC) voted seven to two to keep interest rates at 5.25% earlier this month as inflation risks escalate.
The Bank of England's Monetary Policy Committee (MPC) has announced it will keep interest rates at 5.25%.
China expects its five consecutive years of double-digit GDP growth will not be repeated this year, predicting an 8% economic expansion.
Annual house price inflation has fallen to just 2.7% in February, the lowest for over two years and an indication of the considerable slowdown in the market, according to Nationwide.
Advisers and their clients are "missing a trick" by failing to consider the impact of inflation when recommending a protection policy, according to progress from Royal Liver.
The Bank of England (BoE) warns inflation is set to "rise sharply" in the near term and there is nothing the Monetary Policy Committee (MPC) can do about it.
Chinese inflation could reach double digit levels in February after surging to an 11-year high of 7.1% last month.
Scotland's booming property market may be taking a turn for the worse after seven years of growth, according to research from Lloyds TSB Scotland.
GDP growth could fall to 1.5% by the end of 2008 according to the Bank of England's latest inflation report.
Rising fuel and food costs have pushed UK inflation up to 2.2%, according to the latest figures from the Bank of England.