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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 …
Chancellor calls economy ‘stuck, not broken’ but there are signs her policies have added to the UK’s economic headwindsBusiness live – latest updatesUK economy flatlines in JulyBusiness rates rise putst big shops at risk, say retailers“Our economy isn’…
New CPI update shows prices increased 2.9% over the last year, but Wall Street optimistic Fed will cut interest ratesInflation rose slightly in August as companies continued to push the cost of tariffs onto consumers.The newest update to the consumer p…
Fears in 2010s of supercharged asset prices influenced RBA’s decision to not cut cash rate to zero, says former governor Glenn Stevens in interview with bank’s historianGet our breaking news email, free app or daily news podcastAustralians are obsessed…
Fears in 2010s of supercharged asset prices influenced RBA’s decision to not cut cash rate to zero, says former governor Glenn Stevens in interview with bank’s historianGet our breaking news email, free app or daily news podcastAustralians are obsessed…
Food inflation at 4.2% this month, with prices increasing at fastest pace for 18 months, says British Retail ConsortiumA “significant” jump in the cost of grocery staples such as eggs and butter is stoking food inflation, according to data pointing to …