Category : Search result: inflation crisis


Expert: One Scenario Could 'Wipe Out' Your Pension

A leading financial expert issues a stark warning about a single economic event that could devastate pension pots across the UK. Discover what it is and how to protect your retirement savings.

CBeebies Star Andy Day: I'm Earning Less Than a Decade Ago

Beloved CBeebies presenter Andy Day reveals the brutal impact of the cost-of-living crisis on entertainers, with inflation wiping out his earnings despite increased work. The children's TV favourite opens up about financial pressures facing the industry.

Greggs & Pret Prices Soar Amid UK Food Inflation

New data reveals sharp price increases for UK lunchtime staples. Greggs sausage rolls and Pret's meal deals hit record highs as retailers grapple with persistent inflation pressures.

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 Economic Crisis: Inflation Soars to 40-Year High

The UK faces a deepening economic crisis as inflation hits a 40-year high, the pound sterling crashes, and the Bank of England scrambles to stabilise markets. This comprehensive analysis examines the causes and potential consequences for British household

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.

Mum & daughter expose £300 shopping price gap

A 27-year-old and her 53-year-old mum conducted a powerful experiment, buying identical groceries to reveal a staggering £300 price difference, highlighting the brutal impact of inflation on UK families.

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.

US Home Price Surge Worsens Wealth Divide, Report Finds

Soaring house prices are creating a stark wealth divide across America. A new Zillow report shows that while homeowners see paper gains, affordability for first-time buyers has collapsed to its worst level in decades.

ABS Key Income and Housing Survey Delayed Until 2026

Exclusive briefing documents reveal a significant delay to the crucial ABS Income and Housing Survey, leaving policymakers and economists without vital data on wages, inequality, and housing costs until 2026.

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.

UK Families Spend £170 Weekly on Food Amid Cost Crisis

Exclusive research reveals the average UK household now spends a staggering £170 per week on groceries, with 80% of shoppers actively cutting back due to soaring supermarket prices and the ongoing cost of living squeeze.

40% of UK parents skip meals to feed their children

Exclusive research reveals the devastating impact of the cost-of-living crisis, with millions of UK parents skipping meals to feed their children and energy bills crippling family finances.

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