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: inflation rate
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
Wall Street rallies on Powell's rate cut signals
Wall Street rallies after Fed Chair Jerome Powell hints at future rate cuts, sparking optimism in global markets. Intel shares and Asian indices show mixed reactions.
Mercury Insurance seeks major rate hike in California
Mercury Insurance is pushing for a significant rate increase in California, citing rising costs and market instability, as homeowners face soaring premiums.
Lloyds Bank offers 6.25% savings rate
Lloyds Bank has introduced a new savings account offering an impressive 6.25% interest rate. Find out if this limited-time deal is the right move for your money.
Apple Watch enhances heart rate and blood oxygen tracking
Apple enhances its Watch with advanced health monitoring tools, offering users more precise heart rate and blood oxygen tracking.
Weeks-long wait for RBA rate cut to hit mortgages
Homeowners in Australia may need to wait several weeks before seeing any relief from the Reserve Bank's latest rate cut, as lenders take time to adjust their mortgage rates.
Australian banks slash rates after RBA decision
Westpac, ANZ, NAB, and CBA have announced significant rate cuts after the Reserve Bank of Australia's latest move. Discover how this impacts mortgages and savings.
Japan's 2025 birth rate crisis: Population plummets
Japan's population decline accelerates with plummeting birth rates, raising alarms over economic and social stability by 2025.
RBA cuts rates to 3.6%: Relief for borrowers
The Reserve Bank of Australia has lowered the cash rate to 3.6%, offering much-needed relief for mortgage holders amid economic uncertainty.
City trader's Libor conviction quashed in appeal
A former City trader has had his conviction for Libor rate-rigging overturned, marking a dramatic turn in one of the financial sector's most notorious scandals.
Mortgage warning: Aussie homeowners risk losing thousands
Millions of Australian homeowners are being warned about a critical mortgage mistake that could lead to significant financial losses ahead of a major interest rate decision.
RBA to cut rates in August: experts
Experts predict the Reserve Bank of Australia will cut interest rates this August, offering relief to borrowers amid economic uncertainty.
Japan's population may drop by 1M yearly by 2040s
Japan's birth rate crisis is set to worsen, with projections showing a potential loss of one million people per year by the 2040s, threatening economic stability and social structures.
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.
UK Retailers Demand Rate Cuts as Inflation Falls
The British Retail Consortium urges the Bank of England to cut interest rates amid falling shop price inflation, warning of continued pressure on consumers and businesses.
Mortgage crisis as interest rates keep rising
With the Bank of England hiking interest rates yet again, homeowners on variable mortgages face steep repayments while savers see little benefit. Here’s what it means for you.
Bank of England may cut interest rates soon
The Bank of England is expected to slash interest rates as inflation cools and economic growth falters. Analysts predict a potential shift in monetary policy to stimulate spending.
Bank holds rates at 5.25%: Impact explained
The Bank of England has kept interest rates unchanged at 5.25%, leaving homeowners and savers in limbo. Find out how this decision impacts mortgages, savings, and the broader economy.
Bank holds base rate at 5.25% amid inflation concerns
The Bank of England has kept interest rates unchanged at 5.25%, offering temporary relief to mortgage holders. However, experts warn that persistent inflation could lead to future hikes, squeezing household budgets further.
Bank of England holds rates at 5.25% amid inflation fight
The Bank of England has kept interest rates unchanged at 5.25% for the fifth consecutive meeting, as policymakers weigh persistent inflation against economic growth risks. Chancellor Rachel Reeves and Governor Andrew Bailey weigh in.
Bank of England cuts rates to 0.1% in emergency move
The Bank of England has slashed interest rates to a historic low of 0.1% in an emergency response to the economic fallout from the coronavirus pandemic. Find out what this means for savers, borrowers, and the UK economy.
BoE holds rates at 5.25% amid inflation fight
The Bank of England has kept interest rates unchanged at 5.25% for the sixth consecutive meeting, as policymakers weigh persistent inflation against economic growth risks.
Bank of England holds interest rates at 5.25%
The Bank of England has kept interest rates unchanged at 5.25% for the seventh consecutive meeting. Here’s how this decision impacts mortgages, savings, and the wider economy.
Bank of England holds rates amid trade tensions
The Bank of England keeps interest rates steady as global trade tensions escalate. Experts weigh in on the economic impact and future outlook.
Bank of England holds interest rates at 5.25%
The Bank of England has maintained interest rates at 5.25% for the fifth consecutive meeting. Here’s how this decision impacts mortgages, savings, and the UK economy.
Havana faces food shortages amid Cuba's economic crisis
Havana residents endure skyrocketing prices and severe food shortages as Cuba's economic crisis deepens, with long queues and empty shelves becoming the norm.
Bank of England holds rates at 5.25%
The Bank of England has kept interest rates unchanged at 5.25% for the fifth consecutive meeting, as inflation remains stubbornly above target. Governor Andrew Bailey signals cautious optimism but warns of persistent risks.
Boomers forced back to work in Australia's cost crisis
Australia's soaring living costs are pushing retirees back into the workforce, with many struggling to afford essentials. Experts warn of a growing trend as inflation bites.
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