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Chancellor says wages are growing faster than prices but acknowledges many are still struggling with the cost of livingA government minister has reiterated the call for the Unite union to accept a deal and end the bin strike in Birmingham.Speaking on G…
March annual rate comes before expected rise because of household bills going up this monthBusiness live – latest updatesUK inflation dropped to 2.6% in March, increasing the pressure on Bank of England policymakers to cut interest rates next month as …
PS5 digital price in UK would rise to £430 and €500 in Europe as Japanese games developer cites ‘challenging economic environment’Sony has increased the price of its PlayStation 5 by 25% as the video game industry reels from the impact of Donald Trump’…
Sarah Breedon says too early to judge impact on inflation of ‘most significant change in trade policy in a century’Business live – latest updatesUK economic growth will be hit by US tariffs, which are the biggest trade policy change in a century, a sen…
Jamie Dimon believes effect of policy may be ‘hard to reverse’ if maintained for too longEuropean markets slumpBusiness live – latest updatesThe JP Morgan chief executive, Jamie Dimon, has warned that it may be “hard to reverse” the effect of Donald Tr…
Lidl and Ocado grow strongly, but Asda loses market share despite recent reset, Kantar figures showBusiness live – latest updatesFood inflation increased last month, driven by price rises in chocolate and confectionery, while Britons have already splas…
Ministers urged to act as energy, water, car tax, TV licences and a string of other increases squeeze householdsBill rises Britons face, from council tax to energy and carsWill bills continue to rise and what does it mean for Labour?Millions of househo…
February’s dip in inflation was only a blip – the pain for consumers and the UK economy is poised to continueThe painful jump in household bills from Tuesday will push the UK’s poorest households further into poverty. The increase will also provide a f…
Major indices fell by about 2% as data shows rising prices and the Fed holds off on cutting interest ratesWall Street’s primary indexes fell sharply on Friday, as data underscored underlying price pressures, stoking fears that the Trump administration’…
Bigger-than-forecast decline in annual rate in February is positive news for chancellor in run-up to Commons addressBusiness live – latest updatesUK inflation has fallen back to 2.8%, providing some positive news for Rachel Reeves before she makes her …