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UK inflation slows to near 3-year low

Britain鈥檚 annual inflation rate slowed to a near three-year low in April as energy prices cooled further, official data showed Wednesday, boosting the governing Conservatives before this year鈥檚 general election...

BoE holds rate at 16-yr high, signals looming cut

The Bank of England on Thursday kept its main interest rate at a 16-year high, but hinted at a cut over the summer as UK inflation cools further and the country looks set to exit recession.聽