Category : Search result: inflation crisis


Ley's Fiery Clash with Albanese Over Cost-of-Living

Deputy Liberal Leader Sussan Ley launches a blistering attack on PM Anthony Albanese during Question Time, accusing his government of failing Australians amid the worsening cost-of-living crisis.

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.

Woman charged £7.25 for a Cadbury chocolate bar in London shop

A London woman was left in disbelief after being charged a staggering £7.25 for a standard Cadbury Dairy Milk chocolate bar at her local corner shop, sparking outrage over the cost-of-living crisis and soaring prices for everyday items.

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

UK Hospitality's Dire Plea for Budget Lifeline

Pubs, bars, and restaurants face an existential crisis, demanding urgent government action in the upcoming Spring Budget to survive soaring energy bills, wage costs, and food inflation.

UK Retail Sales Drop Sharply Amid Inflation Fears

Retail sales in the UK saw a sharp decline in October as consumers tightened their belts due to rising inflation and economic uncertainty, according to the British Retail Consortium.

UK families face £290 annual food bill increase

New research reveals that UK households could see their annual food bills rise by £290 as inflation and supply chain issues push prices higher. Experts warn of growing financial strain on families.

Bank of England holds rates at 5.25%

The Bank of England has kept interest rates unchanged at 5.25% for the fifth consecutive meeting, as inflation remains stubbornly above target. Governor Andrew Bailey signals cautious optimism but warns of persistent risks.

UK inflation surge deepens cost of living crisis

New figures reveal a sharp rise in UK inflation, intensifying the cost of living crisis and raising fears of further interest rate hikes. Experts warn of prolonged financial strain for households.

UK inflation rises to 4% in December

UK inflation surges unexpectedly to 4% in December, driven by rising tobacco and alcohol prices. Experts warn of prolonged cost-of-living pressures as the Bank of England faces tough rate decisions.

US Inflation Cools as Trump Tariffs Loom

New data shows US inflation easing in June, but economists warn Trump’s proposed tariffs could reverse progress. Here’s how it impacts markets and consumers.

Trump's Economy Hit by Soaring Grocery Prices

As inflation continues to surge, grocery prices skyrocket, dealing another blow to Trump's economic record. Experts warn of prolonged financial strain for households.

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