Category : Search result: inflation price hikes


Reeves: Tax rises possible in Labour's first Budget

Shadow Chancellor Rachel Reeves signals potential tax increases in Labour's first Budget while condemning landlords exploiting Brexit to hike rents illegally. Exclusive analysis of Britain's economic challenges.

RBA Holds Rates as Inflation Surprise Rattles Economy

The Reserve Bank of Australia maintains current interest rates despite unexpected inflation data, signalling cautious optimism amid economic uncertainty. Analysis of what this means for mortgages and the broader economy.

Reeves plans 'death tax' hikes and stealth Budget levies

Chancellor Rachel Reeves is preparing a blizzard of tax increases targeting wealthy estates and middle earners, with inheritance tax reforms and capital gains adjustments on the table. Meanwhile, horse racing escapes gambling reforms in what critics call

Australian Mortgage Crisis: 1 in 3 in Severe Financial Stress

Exclusive analysis reveals nearly a third of Australian mortgage holders are experiencing 'severe financial stress' with interest rate hikes pushing thousands toward breaking point. Experts warn of potential defaults and economic fallout.

UK Food Price Shock: Supermarket Bills Soar

British households are confronting unprecedented food price increases as new data reveals shocking rises in everyday essentials. Discover which items have seen the biggest jumps and why experts warn the crisis is far from over.

O2 confirms new mid-contract price increase policy

Telecoms giant O2 announces significant mid-contract price hikes tied to inflation rates, affecting millions of UK customers. Discover how this change impacts your mobile contract and what rights you have.

UK Inflation Plummets to 2% Target

In a dramatic economic turnaround, UK inflation has hit the Bank of England's 2% target for the first time in nearly three years, sparking speculation about imminent interest rate cuts and relief for households.

UK inflation falls to 2% target

Inflation has hit the Bank of England's 2% target for the first time in nearly three years, putting pressure on policymakers ahead of Thursday's crucial interest rate announcement.

Australia's Greatest Walks: 2025 Hiking Guide

Discover Australia's most spectacular walking trails for 2025, from coastal wonders to mountain wilderness. Plan your next great adventure with our expert guide to must-do hikes across three iconic states.

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.

Blunkett: New Labour planned secret £30bn tax hikes

Former Home Secretary David Blunkett reveals Tony Blair's government secretly planned £30bn tax hikes while publicly pledging not to raise income tax, exposing hidden tensions within New Labour's inner circle.

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.

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.

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.

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.

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

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