UK Food Inflation: The Shocking Reasons Prices Are Still High
New analysis reveals the complex mix of global and domestic factors, from climate change to Brexit, that are keeping UK food inflation stubbornly high and squeezing household budgets.
Category : Search result: December inflation
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 Rebounds But Challenges Remain
The UK economy is showing tentative signs of a rebound, but experts warn that Chancellor Rachel Reeves cannot afford to ease fiscal measures yet. Rising inflation and global uncertainties remain key challenges.
UK GDP Rises in June Amid Economic Challenges
The UK economy recorded modest growth in June, offering cautious optimism amid global economic challenges. Chancellor Rachel Reeves responds to the latest figures.
Trump overturns Biden economic order
Former President Donald Trump has revoked a key economic order signed by President Joe Biden, sparking debate over its impact on markets, jobs, and inflation.
Walmart, Target shoppers cut spending amid inflation
New research from Deloitte reveals that consumers at major retailers like Walmart and Target are cutting back on discretionary spending due to inflation and economic concerns.
RBA cuts interest rates amid easing inflation
The Reserve Bank of Australia (RBA) has announced a cut in interest rates as inflation shows signs of easing. Governor Michele Bullock outlines the economic outlook.
Trump threatens 60% tariffs on all Chinese imports
Former President Donald Trump proposes sweeping tariffs on Chinese goods as US inflation climbs, sparking fears of a new trade war. Experts weigh in on the economic risks.
Trump tariffs trigger UK inflation surge
New US tariffs imposed by former President Donald Trump have triggered a sharp rise in UK inflation, pushing consumer prices to their highest level in months. Experts warn of prolonged economic strain.
US Inflation Defies Tariffs – Wall Street Stunned
US inflation data surprises analysts by holding steady despite escalating trade tariffs, leaving Wall Street scrambling to reassess economic forecasts.
UK Government Announces Economic Plan to Fight Inflation
The UK government has announced a fresh economic plan to tackle inflation and boost growth, as businesses and consumers face mounting financial pressures.
Trump blames China, Japan for US inflation
Former US President Donald Trump has accused China and Japan of manipulating their currencies to fuel inflation in America, as he ramps up his 2024 election campaign rhetoric.
UK wage growth stalls as job market cools
Britain's wage growth has stagnated while the job market shows signs of cooling, even as inflation continues to rise. Experts warn of growing financial pressures on households.
US-China extend tariff truce as UK wage growth holds
The US and China have agreed to extend their tariff truce for another 90 days, while UK wage growth remains steady and job vacancies decline. Stay updated on the latest economic developments.
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 retail growth slows amid consumer spending squeeze
Retail sales in the UK show sluggish growth amid rising inflation and cautious consumer spending, with industry leaders urging government action in the upcoming Autumn Budget.
Record GCSE and A-Level pass rates spark grade inflation fears
This year's GCSE and A-Level results show record pass rates, but critics warn of grade inflation. Education Secretary Bridget Phillipson defends the grading system while students face university admission challenges.
Freddo may cost £1 by 2025 amid inflation surge
The iconic Freddo bar, once a childhood staple at 10p, could hit £1 by 2025 due to soaring inflation and rising production costs. Experts warn of a bitter future for chocolate lovers.
Rachel Reeves outlines Labour's plan to tackle inflation
Shadow Chancellor Rachel Reeves outlines Labour's strategy to combat inflation and stimulate economic growth, promising stability and long-term investment.
Gold vs Bitcoin: Trump Tariffs’ Market Impact
As Trump proposes tariffs on Chinese imports, experts weigh in on how gold and Bitcoin could react, potentially reshaping global markets and inflation trends.
Freddo chocolate prices leap 400% since the 1990s
The iconic Freddo chocolate bar, once a childhood staple, has seen its price skyrocket over the years. Discover the surprising history behind this sweet treat's inflation.
A-Level grade inflation drops as exams return to normal
This year's A-Level results show a significant drop in grade inflation, with pass rates returning to pre-pandemic levels. Find out how students and schools are reacting.
Trump tariffs boosted inflation, Yale study finds
A new Yale analysis shows that Donald Trump's trade tariffs failed to boost US manufacturing jobs and instead raised consumer prices, contributing to inflation.
Christmas dinner costs soar due to inflation
Rising food prices are making this year's festive feast the most expensive yet, with families facing steep increases for traditional Christmas dinner staples.
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.
NI tax hike could drive up food prices, warns Rachel Reeves
Shadow Chancellor Rachel Reeves raises alarm over potential food price surges due to National Insurance tax changes, urging government action.
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.
BoE holds rates at 5.25% amid inflation fight
The Bank of England's Monetary Policy Committee has voted to keep interest rates unchanged at 5.25%, as inflation remains stubbornly high. Governor Andrew Bailey signals caution despite economic pressures.
Bank of England holds rates at 5.25%
The Bank of England has kept interest rates unchanged at 5.25% for the sixth consecutive time, as policymakers weigh persistent inflation against economic growth risks.
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