UK inflation hits 3.6% in June 2025, essentials pricier
NewsBytes | April 22, 2026 7:40 PM CST
BoE cuts to 4.25%, unemployment 4.7%
To help calm rising prices, the Bank of England has cut rates several times since August 2024, taking them to 4.25%.
Wages have grown by 5%, but with unemployment now at its highest since mid-2021 (4.7%), finding a job is tougher than before.
Meanwhile, European and US central banks are keeping their rates high, all trying to keep inflation under control in their own ways.
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