Category : Search result: inflation price hikes


Labour's £50bn tax plan sparks economic fears

Shadow Chancellor Rachel Reeves is under fire as Labour's proposed tax hikes could leave a £50bn black hole in the UK's finances. Experts warn of economic turmoil ahead.

Labour MP resigns over rent hike crisis

Labour MP Rushanara Ali steps down as shadow homelessness minister, citing the party's failure to oppose government policies exacerbating the housing crisis.

Supermarkets cut prices on 1,000+ essentials

Major UK supermarkets are cutting prices on over 1,000 everyday items in a fierce battle for shoppers. Find out which essentials are getting cheaper and how this could affect your weekly shop.

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.

Reeves plans major tax hikes for Autumn Budget

Chancellor Rachel Reeves is reportedly preparing significant tax increases in the upcoming Autumn Budget to address a £50bn economic shortfall, sparking warnings from economists.

Hershey's raises prices as cocoa costs surge

Hershey's announces price hikes due to skyrocketing cocoa costs, impacting chocolate lovers worldwide. Find out how much more you'll pay for your favourite treats.

Walmart workers reveal kitchen staple price hikes

Employees at Walmart have exposed significant price increases on everyday kitchen staples, sparking concern among budget-conscious shoppers. Find out which products are getting more expensive and why.

UK debt crisis deepens as borrowing soars

Britain's national debt has skyrocketed, sparking fears of impending tax rises as the government scrambles to balance the books. Experts warn of tough economic times ahead.

UK rent hikes: London and Manchester worst hit

New data reveals soaring rental prices in major UK cities, with London and Manchester leading the surge. Find out how your area fares and what’s driving the increases.

Water bills may rise £156 as UK faces affordability crisis

A shocking new report reveals that UK water bills could skyrocket by £156 annually, leaving millions struggling with soaring costs. Experts warn of a deepening affordability crisis as infrastructure upgrades and climate pressures collide.

UK stagflation threat as Labour tax hikes loom

Experts warn that Britain faces a dangerous stagflation scenario, with Labour's proposed tax increases potentially crippling economic recovery while inflation remains stubbornly high.

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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