Brexit Has Weakened UK Economy, Says Bailey
Andrew Bailey reveals Britain's economy has been 'weakened' by Brexit, with persistent inflation and reduced competitiveness creating long-term challenges for growth and stability.
Category : Search result: inflation impact on wages
Man Utd players face 25% wage cuts in salary cap shock
Exclusive: Manchester United owners are pushing for a groundbreaking salary cap that could slash player wages by 25% following Champions League failure, with emergency meetings underway.
Weekly food shop prices hit record high in UK
British households face unprecedented pressure as grocery prices surge 15.7% annually, with essentials like milk, butter and cheese seeing the sharpest increases. New data reveals the ongoing cost-of-living crisis is far from over.
UK Has Worst Inflation Among Advanced Economies
Exclusive analysis reveals Britain is suffering the worst inflation among world's wealthiest nations, with families facing unprecedented cost of living pressures as prices continue to soar.
UK Supermarket Price Shock: How Shoppers Are Coping
Exclusive investigation reveals the true impact of Britain's cost of living crisis as supermarket prices continue to climb, forcing families to make difficult choices.
Tesco sales jump as grocery inflation persists
Britain's largest supermarket Tesco reports strong sales growth as consumers flock to value ranges, while Asda sees inflation ease but food prices remain high across UK supermarkets.
Man Utd's Højlund transfer in jeopardy over wage demands
Manchester United's pursuit of Rasmus Højlund faces new complications as the striker's agent reveals staggering wage demands and contract expectations that could derail the transfer.
Sheffield Wednesday staff face payment delays - union action
Sheffield Wednesday Football Club faces mounting pressure as employees report delayed wage payments, prompting Unite the Union to issue a formal grievance and demand immediate resolution.
Bank of England failing on food inflation - ex-official
Exclusive: Former Bank of England policymaker reveals institution is 'failing to grasp' the severity of food price inflation, drawing parallels to Alan Greenspan's historic errors in monetary policy.
Restaurant manager vanishes with £16k staff wages
Leonardo Moreira, manager of popular Adelaide restaurant NINA, has disappeared alongside thousands in employee wages, leaving staff devastated and police investigating.
Five Years of Harvest Wipes Out UK's Annual Bread Supply
Shocking new analysis reveals extreme weather since 2020 has destroyed enough UK wheat to bake 12 billion loaves of bread - equivalent to the nation's entire annual consumption.
Qld police helicopter pilot's £183k salary revealed
A senior Queensland police helicopter pilot's staggering £183,000 annual salary has ignited controversy, raising questions about public sector spending and transparency in aviation operations.
Championship club faces points deduction over wage crisis
A Championship football club is staring at a devastating points deduction after failing to pay players' wages, plunging the team into financial turmoil and potential relegation battle.
Care pay talks abandoned as sector crisis deepens
Exclusive: The National Joint Council has walked away from negotiations to improve poverty pay for care workers, sparking outrage across the sector as staffing crisis worsens.
Ancient Space Impact Evidence Found in Greenland Ice
Groundbreaking research reveals compelling new evidence that a massive asteroid or comet impact may have destabilised Greenland's ice sheet at the end of the last ice age, challenging long-held climate theories.
Greggs & Pret Prices Soar Amid UK Food Inflation
New data reveals sharp price increases for UK lunchtime staples. Greggs sausage rolls and Pret's meal deals hit record highs as retailers grapple with persistent inflation pressures.
Donnarumma's £300k wage demand threatens Man Utd move
Manchester United face a major transfer hurdle as Gianluigi Donnarumma demands £300k-per-week wages and a €50m agent fee, casting doubt on a summer move from PSG.
Bank of England holds interest rates at 5.25%
The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates. Governor Andrew Bailey warns of persistent inflationary pressures despite economic slowdown.
Bank of England holds rates at 5.25% amid inflation concerns
The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates as inflation remains stubbornly above target, despite economic slowdown signals.
UK Inflation Plummets to 2.3%, Nearing Bank Target
In a dramatic shift, UK inflation has finally hit the Bank of England's 2% target. Discover how this impacts the cost of living crisis, from energy bills to wage growth and what happens next for interest rates.
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.
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.
Evidence Grows for Comet That Wiped Out Ancient Civilization
Groundbreaking geological research from the US points to a cosmic catastrophe that may have obliterated a lost human society and triggered a mini-Ice Age, rewriting our understanding of prehistoric history.
Robert Redford's Shocking Pay Confession for Butch Cassidy
Hollywood legend Robert Redford makes a stunning revelation about his minuscule salary for the iconic film that launched his career, sharing the story on a new podcast.
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.
London Bus Drivers: The Unsung Heroes of Transport
Amidst the ongoing rail disputes, a new report highlights the immense pressure and undervalued work of London's bus drivers, calling for greater public recognition and improved conditions.
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