Category : Search result: inflation forecast


Trump's Economic Agenda Sparks Inflation and Recession Fears

Former President Donald Trump's radical economic proposals, including universal tariffs and mass deportations, are raising alarm among economists and business leaders who warn of severe inflationary pressure and market instability.

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.

African Plume Heatwave: 30°C Forecast for UK in July

Exclusive long-range forecast predicts a major heatwave hitting the UK in mid-July, with temperatures potentially soaring to 30°C as an 'African plume' sweeps across the country. Get the full breakdown and regional outlook.

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.

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 Economy to Flatline, Says British Sage

The British economy is expected to flatline in the coming months, with zero growth predicted by the British Sage, sparking concerns over inflation and living costs.

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.

IMF cuts UK growth forecast – Britain trails G7

The International Monetary Fund has downgraded the UK's economic growth forecast, warning of stagnation under Labour's policies. Britain risks falling behind G7 rivals as inflation and weak productivity persist.

Wet weekend ahead for SA, NSW and Victoria

A cold front sweeping across south-eastern Australia is set to bring heavy rainfall and gusty winds to South Australia, New South Wales, and Victoria this weekend. Residents are advised to prepare for potential flooding and travel disruptions.

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.

Inflation shock: UK prices rise to 3.6%

UK inflation unexpectedly climbs to 3.6%, dealing a blow to Chancellor Rachel Reeves and economists who predicted a slowdown. The surprise rise delays hopes for interest rate cuts and sparks fresh economic concerns.

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.

BoE's Bailey warns against premature rate cuts

Andrew Bailey, Governor of the Bank of England, cautions against premature interest rate reductions, emphasising the need for sustained inflation control despite political pressures.

US stocks surge as inflation cools

Wall Street rallies as US inflation data fuels optimism, with the Dow Jones and Nasdaq Composite hitting record highs. How will this impact London and global markets?

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.

US inflation rises as Trump tariffs take effect

Fresh data shows US inflation climbing in June, driven by Trump's aggressive trade policies. Experts warn of global economic ripple effects, including potential impacts on British 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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