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Budgets ‘under pressure like never before’ due to inflation and rising demand for social care, with deep cuts to services likelyMany more councils in England are at risk of bankruptcy, town hall leaders have warned, as unprecedented financial pressures…
Inflation-linked increase next year would be ‘final nail in the coffin’ for many businesses, trade bodies warnBusiness live – latest updatesHigh street shops could see their business rates bill increase by up to £1.95bn next year because the rate charg…
From sugar to butter and transport to holidays, how the cost of everyday items variesUK inflation holds steady at 6.7% amid rising fuel pricesAnalysis: Sticky inflation puts Sunak’s target in jeopardyThe UK’s annual inflation rate unexpectedly held ste…
Ministers face anxious wait and consumers more pain on prices as September rate stays steadyUK inflation holds steady at 6.7% amid rising fuel pricesBusiness live – latest updatesThe latest inflation figures will be a huge disappointment to Rishi Sunak…
Rate is unchanged in September, raising questions over next Bank of England decision on interest ratesBusiness live – latest updatesUK inflation unexpectedly held steady in September at 6.7% as soaring fuel costs offset the first monthly fall in food p…
Labour-led government needs to find £600m to balance books, blaming inflation, austerity, pay and ‘mismanagement’ by UK governmentUK politics live – latest news updatesThe Welsh government has announced wide-ranging cuts across almost all departments t…
Minutes from the Reserve Bank of Australia’s meeting show the board weighed up the option of lifting rates earlier this month but determined ‘there had not been sufficient new information’Follow our Australia news live blog for latest updatesGet our mo…
Huw Pill raises possibility of fresh interest rate rise, saying war between Israel and Hamas may affect oil priceBusiness live – latest updatesThe Bank of England has more “work to do” to ensure inflation is brought back under control, Threadneedle Str…
Huw Pill raises possibility of fresh interest rate rise, saying war between Israel and Hamas may affect oil priceBusiness live – latest updatesThe Bank of England has more “work to do” to ensure inflation is brought back under control, Threadneedle Str…
Fall from 6.7% in August signals prices are still rising as higher cost of oil feeds throughHeadline inflation eased again in September, official figures are expected to show this week, while pay growth is slowing.Economists polled by Refinitiv expect …