Category : Search result: June inflation


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 Food Inflation Soars Above Germany and Spain

Exclusive analysis reveals UK food inflation is significantly higher than in Germany, Spain, and France, placing immense strain on British households and raising questions about post-Brexit trade impacts.

US Inflation Outpaces Wages, Census Data Reveals

Fresh US Census data reveals a concerning economic trend: while median household income has dipped, inflation continues to erode purchasing power, creating a financial strain for American families.

London Tube Strike June 2024: Dates & Travel Chaos

Comprehensive guide to the upcoming London Underground strikes in June 2024. Find out which Tube lines are affected, exact dates of disruption, and essential alternative travel options for navigating the capital.

Goodbye June: Netflix Release Date & Cast Revealed

Everything you need to know about the new Netflix psychological thriller 'Goodbye June'. Get the official release date, plot details, and full cast list for this highly anticipated film.

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.

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 swelters through hottest June on record

The UK has recorded its hottest June on record, with an average temperature of 15.8°C. The Met Office warns that human-induced climate change is making such extreme heatwaves significantly more likely.

London Tube Strike: June 2024 Dates Confirmed

Commuters face major disruption as RMT union announces 48-hour Tube strike in June over working conditions and safety disputes. Full details on affected lines and dates.

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

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