Historic Ginger's Gay Bar Closes in San Francisco
Ginger's, a 47-year-old LGBTQ+ landmark in San Francisco, shuts down due to inflation and shifting work patterns. Discover the wider impact on US bars and breweries.
Category : Search result: inflation impact
Bank of England Summer Rate Cut Predicted by Goldman Sachs
The Bank of England's Monetary Policy Committee could implement interest rate cuts as early as June, with Goldman Sachs forecasting significant easing as UK inflation shows sustained improvement.
RBA Holds Rates as Inflation Surprise Rattles Economy
The Reserve Bank of Australia maintains current interest rates despite unexpected inflation data, signalling cautious optimism amid economic uncertainty. Analysis of what this means for mortgages and the broader economy.
UK Food Price Shock: Supermarket Bills Soar
British households are confronting unprecedented food price increases as new data reveals shocking rises in everyday essentials. Discover which items have seen the biggest jumps and why experts warn the crisis is far from over.
UK inflation holds at 6.7% as prices remain stubborn
September's inflation rate holds at 6.7% despite predictions of a fall, as rising petrol costs and persistent food prices squeeze British households.
UK Inflation Plummets to 2% Target
In a dramatic economic turnaround, UK inflation has hit the Bank of England's 2% target for the first time in nearly three years, sparking speculation about imminent interest rate cuts and relief for households.
UK inflation falls to 2% target
Inflation has hit the Bank of England's 2% target for the first time in nearly three years, putting pressure on policymakers ahead of Thursday's crucial interest rate announcement.
Brexit Has Weakened UK Economy, Says Bailey
Andrew Bailey reveals Britain's economy has been 'weakened' by Brexit, with persistent inflation and reduced competitiveness creating long-term challenges for growth and stability.
Weekly food shop prices hit record high in UK
British households face unprecedented pressure as grocery prices surge 15.7% annually, with essentials like milk, butter and cheese seeing the sharpest increases. New data reveals the ongoing cost-of-living crisis is far from over.
UK Has Worst Inflation Among Advanced Economies
Exclusive analysis reveals Britain is suffering the worst inflation among world's wealthiest nations, with families facing unprecedented cost of living pressures as prices continue to soar.
UK Supermarket Price Shock: How Shoppers Are Coping
Exclusive investigation reveals the true impact of Britain's cost of living crisis as supermarket prices continue to climb, forcing families to make difficult choices.
Tesco sales jump as grocery inflation persists
Britain's largest supermarket Tesco reports strong sales growth as consumers flock to value ranges, while Asda sees inflation ease but food prices remain high across UK supermarkets.
Bank of England failing on food inflation - ex-official
Exclusive: Former Bank of England policymaker reveals institution is 'failing to grasp' the severity of food price inflation, drawing parallels to Alan Greenspan's historic errors in monetary policy.
Five Years of Harvest Wipes Out UK's Annual Bread Supply
Shocking new analysis reveals extreme weather since 2020 has destroyed enough UK wheat to bake 12 billion loaves of bread - equivalent to the nation's entire annual consumption.
Ancient Space Impact Evidence Found in Greenland Ice
Groundbreaking research reveals compelling new evidence that a massive asteroid or comet impact may have destabilised Greenland's ice sheet at the end of the last ice age, challenging long-held climate theories.
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.
Bank of England holds rates at 5.25% amid inflation concerns
The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates as inflation remains stubbornly above target, despite economic slowdown signals.
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.
Evidence Grows for Comet That Wiped Out Ancient Civilization
Groundbreaking geological research from the US points to a cosmic catastrophe that may have obliterated a lost human society and triggered a mini-Ice Age, rewriting our understanding of prehistoric history.
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.
New York's $475m Inflation Refund: Claim Your Payment
Thousands of New York residents are eligible for a one-off inflation refund payment from a $475 million pot. Find out if you qualify for the cash boost and how to claim it.
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's Food Inflation Soars to 9.6%, Outpacing UK Average
Exclusive data reveals London's food inflation is significantly higher than the UK average, with major supermarkets facing accusations of profiteering. Discover which boroughs are hardest hit and why.
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.
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