Powell Warns: High Inflation to Delay Rate Cuts
Federal Reserve Chair Jerome Powell delivers sobering testimony, indicating prolonged high interest rates as inflation proves more persistent than anticipated, sending ripples through global markets.
Category : Search result: inflation claims
UK Inflation Stuck at 3.8% in August
New ONS data reveals UK inflation remained stubbornly high at 3.8% in August, dashing hopes of a drop and piling pressure on the Bank of England. We break down the key drivers and what it means for your wallet.
UK Inflation Holds Steady at 3.8% in July
UK inflation remained unchanged at 3.8% in July, defying expectations of a fall. The surprise hold puts pressure on the Bank of England and impacts household budgets amid the cost of living squeeze.
UK Inflation Plunges to 2.3%, Nearing BoE Target
In a dramatic shift, UK inflation has fallen to its lowest level in nearly three years, hitting 2.3% in April. This brings it tantalisingly close to the Bank of England's 2% target, putting a summer interest rate cut firmly on the table. Discover what thi
UK inflation holds at 3.8%, Reeves faces budget warning
UK inflation remains stubbornly high at 3.8% in September, posing significant challenges for Chancellor Rachel Reeves as she faces warnings of a £24 billion budget shortfall and tough economic decisions ahead.
UK Food Inflation Could Hit 15% This Summer
Shoppers across the UK face a severe cost of living squeeze as new analysis warns grocery inflation could surge to 15% this summer, adding hundreds of pounds to annual food bills.
UK Food Inflation Soars Above Germany and Spain
Exclusive analysis reveals UK food inflation is significantly higher than in Germany, Spain, and France, placing immense strain on British households and raising questions about post-Brexit trade impacts.
New York's $475m Inflation Refund: Claim Your Payment
Thousands of New York residents are eligible for a one-off inflation refund payment from a $475 million pot. Find out if you qualify for the cash boost and how to claim it.
US Inflation Outpaces Wages, Census Data Reveals
Fresh US Census data reveals a concerning economic trend: while median household income has dipped, inflation continues to erode purchasing power, creating a financial strain for American families.
London's Food Inflation Soars to 9.6%, Outpacing UK Average
Exclusive data reveals London's food inflation is significantly higher than the UK average, with major supermarkets facing accusations of profiteering. Discover which boroughs are hardest hit and why.
UK Summer Air Fares Soar Amid Inflation Surge
Official figures show a dramatic surge in UK air fares this summer, with prices skyrocketing due to persistent inflation and soaring jet fuel costs. Discover what's driving the increase and how it's affecting holidaymakers.
UK Food Inflation Crashes to 18-Month Low
In a major relief for households, UK food inflation has dropped to its lowest level since January 2023. We break down which grocery prices are falling fastest and what it means for your weekly shop.
UK Retail Sales Crash Amid Soaring Inflation
New data reveals a sharp decline in UK retail sales, with like-for-like growth turning negative. Soaring food inflation and the cost-of-living crisis are forcing consumers to cut back severely on non-essential spending.
US jobless claims hit 231,000, highest since August
New data shows a significant jump in US unemployment benefit applications, signalling a potential cooling of the labour market. However, the overall pace of layoffs remains subdued, pointing to a resilient economy.
US Jobless Claims Hit 8-Month High on Omicron
New data from the US Labor Department reveals a sharp, unexpected rise in weekly jobless claims, signalling fresh economic turbulence driven by the Omicron variant.
DWP PIP Back Payments: Thousands Owed £5,000+
Exclusive: Major DWP review reveals thousands of PIP claimants are due back payments averaging £5,000 after assessment mistakes. Check if you're affected.
HelloFresh Settles $1.35M Lawsuit Over 'Fresh' Claims
Meal-kit giant HelloFresh is set to pay $1.35 million to settle a lawsuit alleging it misled customers with deceptive marketing and unfair business practices. The settlement impacts thousands of Californian subscribers.
UK Food Inflation: The Shocking Reasons Prices Are Still High
New analysis reveals the complex mix of global and domestic factors, from climate change to Brexit, that are keeping UK food inflation stubbornly high and squeezing household budgets.
UK Inflation Rises, Halting Bank of England Rate Cuts
UK inflation unexpectedly jumped to 2.3% in July, dashing hopes for an August interest rate cut. Soaring air fares and rising clothing costs are blamed, putting the Bank of England's next move under intense scrutiny.
UK Inflation Rises to 2.5%, Dashing Rate Cut Hopes
In a fresh blow to household budgets, UK inflation rose to 2.5% in April, driven by soaring energy bills and stubborn service costs. The surprise jump dashes hopes for an imminent Bank of England interest rate cut, prolonging the cost-of-living squeeze fo
Helen Flanagan’s bikini-clad Italian escape silences critics
Former Coronation Street star Helen Flanagan flaunts her toned figure in stunning bikini snaps during a sun-soaked Italian holiday with daughter Matilda, while hitting back at rumours of financial struggles.
Trump's bizarre 9/11 relics claim sparks outrage
Former US President Donald Trump has made a controversial claim about owning relics from the 9/11 attacks, including 'two blood-stained pennies'. The remarks were made during a rally in Pennsylvania, sparking widespread disbelief and criticism.
Andre's manager hints at Price's 'ominous lies'
Peter Andre's manager has made startling claims about Katie Price, hinting at 'ominous lies' that could unravel her public image. Read the explosive details here.
Trump & Melania sued for $1B over Epstein claims
Former US President Donald Trump and his wife Melania are embroiled in a high-stakes legal battle as they face a billion-dollar defamation lawsuit linked to Jeffrey Epstein. The case centres on allegations of smear campaigns and could have significant rep
Bikini designer's Hamptons yacht death mystery deepens
The unexplained death of a bikini designer aboard a luxury yacht in the Hamptons has taken a new twist as her family calls for a second autopsy amid drug-related claims.
Woman repays £27k after DWP exposes benefit fraud
A woman from Kent has been ordered to repay £27,000 in benefits after falsely claiming disability allowances while working as a fitness instructor.
Putin warns Japan over Soviet-era disputes
Vladimir Putin issues a stark warning to Japan regarding its historical claims tied to the Soviet Union, escalating diplomatic tensions in the region.
Obama, Clapper & Gabbard Debunk Trump-Russia Report
Former US officials, including Barack Obama and James Clapper, swiftly dismissed a controversial report alleging Trump-Russia collusion. Here’s the full breakdown.
DWP back payments: Claim up to £812
Thousands of UK households may be owed up to £812 in backdated DWP payments due to missed benefits. Find out if you qualify and how to claim.
Universal Credit claims reach record high in UK
The number of people claiming Universal Credit has reached an all-time high, raising concerns about the cost of living crisis and its impact on vulnerable families.
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