Day: April 16, 2025

March annual rate comes before expected rise because of household bills going up this month

UK inflation dropped to 2.6% in March, increasing the pressure on Bank of England policymakers to cut interest rates next month.

Prices growth was weak ahead of an expected rise in April as households begin to pay higher council tax and utility bills.

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Exclusive: Absence of world’s biggest clean energy producer will be welcomed by US pushing oil and gas exports

China is to snub a major UK summit on energy security next week, the Guardian has learned, amid a growing row over the country’s involvement in UK infrastructure projects.

The US will send a senior White House official to the 60-country summit, to be co-hosted with the International Energy Agency. Leading oil and gas companies are also invited, along with big technology businesses, and petrostates including Saudi Arabia, Qatar and the United Arab Emirates.

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