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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 …
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 …
The offer still represents a significant saving but rises to £3.85 for Clubcard holders and £4.25 for othersTesco has put the price of its meal deal up by 25p, its third increase since 2022, as food prices across the UK continue to race higher.The meal…
Concern among passengers as index reading that dictates regulated ticket prices comes in higher than forecastUK inflation rises by more than expected to 3.8%Business live – latest updatesTrain fares in England are now expected to rise by a higher-than-…
Fuel and air fares also pushed up annual July rate, making interest rate cuts less likely this yearRail fares in England expected to rise by 5.8% next yearBusiness live – latest updatesUK inflation rose again last month to a higher-than-expected 3.8% a…