Flash PMI signals average prices charged by UK private sector firms are rising at fastest pace in 18 months
The Bank of England is facing a dilemma amid signs of returning inflationary pressures even as businesses cut jobs at the fastest rate in four years in the wake of Rachel Reeves’s autumn budget.
Before a crunch interest rate decision on 6 February, an influential business survey showed economic growth picked up slightly at the start of 2025 led by Britain’s dominant service sector.
