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Andrew Bailey says interest rates will have to rise again unless inflation fallsThe Bank of England governor, Andrew Bailey, has called on businesses to hold back price rises, telling them that interest rates will need to rise again unless inflation fa…
Almost four in 10 people have to use credit cards to cover such costs, says NationwideInflation and rising bills mean UK households are spending 12% more on essentials than they were a year ago, with almost four in 10 people having to use credit cards …
Britain appears to be an international outlier after the shock reading in double digits this weekLive coverage: Inflation jumps as cost of living crisis intensifiesUK inflation rate in surprise rise to 10.4%Inflation calculator: find out how much price…
From low-fat milk to sugar, energy bills to clothing, how costs have soaredLive coverage: Inflation jumps as cost of living crisis intensifiesUK inflation rate in surprise rise to 10.4%Inflation calculator: find out how much price rises affect youThe U…
Surprise increase makes hike more likely, but economy is perilously close to recessionLive coverage: Inflation jumps as cost of living crisis intensifiesUK inflation rate in surprise rise to 10.4%Inflation calculator: find out how much price rises affe…
Increase confounds forecasts of a modest dip and adds to pressure on Bank of England to raise interest ratesLive coverage: Inflation jumps as cost of living crisis intensifiesWhich goods and services have risen most in price?Inflation calculator: find …
This blog is now closed.Peter Dutton proposes criminalisation of Nazi symbols after Tuesday’s question time stoushGet our morning and afternoon news emails, free app or daily news podcastVoice negotiationsThe referendum machinery legislation will set u…
Organisation also says UK will be only G20 economy apart from Russia to shrink this yearCentral banks should maintain the fight against inflation with high interest rates despite fears of a global banking crash, according to the OECD, which said the UK…
Annual rate of 102.5% is denting purchasing power, savings, economic growth and government’s chances in elections next yearArgentina’s annual inflation rate tore past 100% in February, the country’s statistics agency announced, the first time it has hi…
From cooling inflation to easing staff shortages, we look at the factors behind the chancellor’s spending choicesHunt to announce £4bn boost for childcare in EnglandJeremy Hunt will announce his budget on Wednesday with the government under pressure to…