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Survey of bosses shows energy prices also a concern, as Bank policymakers warn inflation may take longer to dropBusiness confidence fell to its lowest level on record in September, driven by concerns over soaring costs, according to a survey of bosses….
BRC says households are finding shopping increasingly expensive after annual shop price inflation rises to 1.4%Retailers have told the government that tax rises could further fuel inflation as the pace of shop price rises stepped up in September with i…
Economists are revising their rate cut predictions after the latest ABS figures revealed inflation is trending back up. But there are reasons to relaxGet our breaking news email, free app or daily news podcast“Real wages are growing at their strongest …
Follow today’s news liveGet our breaking news email, free app or daily news podcastAny penalties would be financial, not criminalThe Australian Communications Media Authority said any penalties would largely be financial if imposed, adding the body cou…
Policymakers vote as expected for pause, with rate of annual price rises running at nearly double 2% targetBank of England policymakers have left interest rates on hold at 4% amid concerns about persistent above-target inflation.The central bank’s nine…
Annual August rate released as Bank of England considers holding interest rate at 4% to tackle rising pricesBusiness live – updatesUK inflation held steady in August, official figures show, maintaining pressure on households as the Bank of England prep…
An inflation-busting rise in payments is likely to reignite debate about the system introduced in 2011UK state pension likely to rise by 4.7% under triple lockUK pay growth stays high, but Britons are feeling the pinchBusiness live – latest updatesThe …
No-frills supermarket reports sales rise as Food and Drink Federation says price inflation may hit 5.7%Business live – latest updatesThe UK boss of Aldi has said shoppers could face higher food prices if the government introduces further measures that …
Ex-MPC members say ‘quantitative tightening’ should be scaled back or halted entirely, saving the Treasury up to £10bn a yearAndrew Bailey has been urged by former Bank of England policymakers to ease pressure on the government’s borrowing costs by cut…
Recent data shows stagflation, stagnant growth and price inflation, is possible as economy shaken by uncertaintyIt’s a strange time for the US economy. Prices are rising, jobs growth has stalled, uncertainty is everywhere and stock markets have soared …