UK inflation below forecasts in Nov
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Britain's inflation rate held steady in November, wrongfooting analysts who had forecast a rise and giving the Bank of England more scope to cut interest rates should the economy weaken sharply.
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Business & money: House price inflation in UK last month eased to its lowest level since March, mortgage lender says.
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The UK's rampant house price inflation is likely to slow down dramatically in the next year or two, a report says.
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Business & money: House price inflation eased last month to its slowest pace in a year.
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Inflation looks set to remain above the government's 2% target when the latest figures are released later on Tuesday.
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UK inflation slowed to 2.5% in May, the weakest in seven months, as gas and electricity prices fell.
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The pound fell a 10-month low against the dollar and its lowest level against the euro on Wednesday, amid increasing speculation the Bank of England will deliver a back-to-back rate cut to revive a slowing British economy.
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British retail sales volumes fell for a  second month running in November and to its weakest level since  March, a survey showed on Thursday.
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The Labor Department reported Friday inflation at the retail level as measured by the consumer price index grew 0.2 percent in November as prices of gasoline and some types of food dropped.
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Fears of a house price crash and the impact of cheap imports have tempered Bank of England expectations of an inflationary spurt. The Bank&#39;s Monetary Policy Committee, in its quarterly
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British 12-month inflation slowed further to 2.5 percent in May, marking the second monthly drop in a row after 2.8 percent in April, official data showed on Tuesday.
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Rising household fuel costs and high air fares push up UK inflation during November, according to official figures.
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Britain's inflation rate unexpectedly held steady in November, official data showed on Tuesday, but price pressures are expected to pick up in the coming months as higher oil and food prices feed through.
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British retail sales have risen at a slower pace in November compared with the previous month.
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UK blue chips closed lower as Wall Street remained weaker after disappointing inflation data with Alliance & Leicester down after reporting a fall in core operating profit, held back by large scale write-downs.
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Key inflation measure in line with Wall Street forecasts; ex food and energy also tame. NEW YORK (CNN/Money) - Prices paid by consumers in November showed a modest increase, the government said Friday, coming
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Business & money: Index of leading UK shares falls to lowest level since credit crunch began last August