Category : Search result: economic inflation


Genesis Owusu: Minorities aren't why your eggs are expensive

Award-winning artist Genesis Owusu delivers a powerful critique against politicians blaming minorities for economic crises. In a Guardian interview, he dismantles divisive rhetoric and calls for unity amid inflation struggles.

UK Economy Stagnates: Reeves Faces Budget Crisis

Chancellor Rachel Reeves confronts a major economic challenge as latest ONS figures show zero GDP growth in three months to August, putting Labour's ambitious investment plans at risk ahead of crucial Autumn Budget.

UK Economy Stalls as July GDP Shows Zero Growth

New ONS data reveals the UK economy showed zero growth in July, with rising inflation and weak consumer confidence putting a brake on recovery. Key sectors like services and production stagnated.

Jamie Dimon's Chilling Economic Warning

JPMorgan Chase CEO Jamie Dimon has delivered a sobering assessment of the global economy, warning of a 'hard landing' and potential stagflation. The banking titan's comments signal turbulent times ahead for markets, interest rates, and government spending

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.

Half of US States on Brink of Recession, Analysis Reveals

A startling new economic analysis from Bloomberg Economics indicates that nearly half of all US states are either already in recession or teetering on the edge, signalling potential national economic turmoil ahead.

Top economist warns Hunt's tax cuts could create £30bn hole

Exclusive: Leading economist Julian Jessop issues a stark warning that the Chancellor's planned tax cuts could destabilise the UK economy, creating a £30bn fiscal black hole and forcing the Bank of England to keep interest rates higher for longer.

Rachel Reeves' make-or-break moment on UK economy

Exclusive analysis reveals the immense pressure on Chancellor Rachel Reeves as she faces a critical turning point. With economic stagnation and public patience wearing thin, her upcoming fiscal statement could define this government's legacy. Will she sei

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.

Think Tank Demands Urgent Reform of Bank of England

A major economic think tank, IPPR, has launched a scathing report demanding a radical overhaul of the Bank of England's mandate. The proposed reforms aim to prioritise economic growth, green investment, and regional equality, challenging the Bank's curren

UK faces £71bn fiscal black hole as policies fail, NIESR warns

The National Institute of Economic and Social Research issues a stark warning that UK government policies are failing, creating a £71bn fiscal black hole and risking a 'vicious cycle' of stagnation. Expert analysis reveals the critical challenges facing t

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.

Australia's Economic Blind Spot: Women Key to Growth

Exclusive insights from Australia's Economic Reform Roundtable reveal how sidelining women's economic participation is costing the nation billions. Discover the urgent call for a gender-inclusive productivity revolution.

New Zealand Enters Recession as GDP Contracts Again

New Zealand's economy has officially entered a recession, with GDP contracting 0.1% in the last quarter of 2023. High interest rates and inflation are blamed for the downturn, marking a challenging start for the new coalition government.

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

Page 1 of 4