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Cabinet told about bleak outlook for governing party at next general elections at Chequers awaydayThe Conservatives must “relentlessly focus” on inflation and the NHS if they are to have a chance at the next election, cabinet ministers have been told.R…
Andy Haldane says starting mortgage rate rises sooner would have nipped inflation in the budThe former chief economist of the Bank of England has warned there is “more pain to come” for households and the wider economy as mortgage rate increases hit pe…
For the world’s least developed countries, the U.N. said growth is projected at 4.4% this year, about the same as last year but significantly below the UN’s target of 7% by 2030.
Appetite for organic food continues from Covid boom but firm warns inflation and rising costs are eating into profitsThe organic vegetable box company Riverford doubled its dividend to its founder, Guy Singh-Watson, to £850,000 last year and tripled it…
OBR tells Jeremy Hunt he will have £9bn less income to factor in amid falling tax receiptsAnalysis: big budget giveaways look unlikelyEnergy support sets UK government borrowing recordThe government’s economic forecaster has cut its prediction for UK g…
The worst of the current inflationary cycle may be behind us, but the pain is probably not over for many householdsFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastWhen n…
Richest have gained similar amount over same period, reflecting differing impacts of inflationThe UK’s least affluent households have almost £40 a month less spare cash than they did a year ago while the richest have gained a similar sum in the same pe…
People with severe disabilities and chronic conditions struggling in cost of living crisis, research showsSoaring energy bills are forcing people with severe disabilities and chronic health conditions to choose in extreme cases between “eating or breat…
UK entrepreneur says economic strategy has left Britain in a ‘Covid inertia’ and calls for growth planSir James Dyson, the billionaire businessperson, has launched a withering attack on Rishi Sunak’s government, saying its “shortsighted” and “stupid” e…
This online tool will help you discover what is contributing to your household’s cost of living increasesInflation is soaring in the UK as people are hit by higher prices for everyday essentials.Now in double digits, the latest inflation rate for the 1…