ECB keeps interest rates unchanged but edges closer to potential rate cuts but is monitoring wage inflation
Browsing: Inflation
Japan’s central bank has raised the cost of borrowing for the first time in 17 years. The Bank of Japan (BOJ) increased its key interest rate from -0.1% to a range of 0%-0.1%. It comes as wages have jumped after consumer prices rose.
Chancellor Jeremy Hunt hints at further tax cuts Chancellor Jeremy Hunt has strongly suggested that he’s thinking about reducing taxes…
Coffee and chocolate help drive supermarket prices higher In the year leading up to May, the rate of price increases…
Liz Edwards, editor-in-chief of personal finance comparison site Finder.com spoke to Metro.co.uk.
Inflation has reached record highs for lots of countries across the world.
UK inflation falls to 8.7% but food price rises remain close to 45-year high The Guardian says Britain has recorded…
It is back in single digits for the first time since last summer.
Inflation in European countries using the euro currency inches higher to 7% in April as the squeeze on households extends.…
European markets lose momentum due to economic and political uncertainty in the US and Turkey. Regionals indexes in Germany and…
Food prices rise at fastest rate for 45 years The cost of living rose more than expected last month due…
Interest rates likely to fall to pre-Covid levels, IMF predicts A new International Monetary Fund (IMF) forecast suggests that interest…
More people entertaining at home amid cost of living crisis Sales of home accessories and furniture increased sharply in March,…
Finally!
UK supermarket inflation hits record high The UK is experiencing record-high supermarket price inflation, with a 17.5% increase in grocery…
Councils get more money to help struggling households Starting in April, local authorities in England will receive a share of…
Wages rise at fastest rate in 20 years but still fail to keep up with inflation Newly published figures from…
UK inflation falls but food prices continue to rise For a second month in a row, price rises in the…
British Retail Consortium figures come amid concern over economy and rising cost of energy bills UK food price rises soared…
UK inflation rate rises to 10.1% UK inflation rate rises to 10.1%. The inflation metric is in the year to…
The Guardian says Falling petrol prices pushed Britain’s inflation rate back below 10% in August in the first easing of upward pressure on the cost of living in almost a year.
The i says It comes as the UK faces a cost of living crisis, with fuel, food and energy prices soaring for months.
The Independent says BREXIT will damage Britain’s competitiveness, hit productivity and dampen workers’ wages for the rest of the decade, according to a damning new study.
PMQs is back – after a long three-week break – and domestic issues are set to dominate the agenda.
The Guardian says UK inflation soared to 9% in April – its highest level for more than 40 years – as the rising cost of gas and electricity pushed household energy bills to record levels.