Category : Search result: wage inflation


UK Living Wage Set for Major Increase in 2024

Millions of low-paid workers across Britain are set for a welcome pay boost as the National Living Wage prepares for its largest increase in years, providing crucial financial relief during the cost of living crisis.

Real Living Wage: Record 2025 pay rise announced

Millions of UK workers are set for a significant pay rise as the Real Living Wage receives its largest-ever increase, outpacing government minimum rates and tackling the cost of living crisis.

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.

Real Living Wage rises 7% in UK pay boost

Nearly half a million UK workers will receive a significant pay increase as the Real Living Wage rises to £13.15 in London and £12.05 nationwide, outpacing government minimum rates.

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.

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 unemployment falls as wages outpace inflation

Exclusive analysis reveals Britain's stunning economic recovery with unemployment hitting near-record lows and wages soaring above inflation, positioning the UK as a G7 growth leader.

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.

California's $20 Fast Food Wage Revolution

Exclusive analysis reveals how California's groundbreaking $20 minimum wage for fast food workers is causing industry upheaval, with major chains like Pizza Hut and Chipotle implementing significant changes.

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.

UK Wage Growth Beats Inflation for 7th Month

Official figures show regular pay rising at 6% annually as unemployment edges up, creating a complex picture for Bank of England policymakers ahead of next interest rate decision.

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

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 Wage Growth Slows, Falling Behind Inflation

New data from the Office for National Statistics shows UK regular pay growth fell to 6.1%, lagging behind inflation and intensifying the cost-of-living crisis for workers.

Page 2 of 4