Category : Search result: inflation rates


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.

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.

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 Interest Rates at 5.25%

The Bank of England's Monetary Policy Committee has voted to maintain the base rate at a 16-year high of 5.25%. This in-depth analysis covers the impact on mortgages, savings, and the UK's economic outlook.

Bank of England Holds Interest Rates at 5.25%

The Bank of England has held interest rates at 5.25% in a split decision, dashing hopes for immediate relief from the cost-of-living crisis. Governor Andrew Bailey warns that food price inflation remains 'too high' despite a slight fall, prolonging the fi

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. Discover the immediate impact on mortgages, savings, and the UK housing market amidst ongoing inflation concerns.

UK Inflation Plummets to 2.3%, Nearing Bank Target

In a dramatic shift, UK inflation has finally hit the Bank of England's 2% target. Discover how this impacts the cost of living crisis, from energy bills to wage growth and what happens next for interest rates.

Powell Dashes Hopes for March Interest Rate Cuts

Federal Reserve Chair Jerome Powell delivers a hawkish message, indicating that interest rate cuts are unlikely to begin in March, contrary to investor expectations. The central bank seeks more confidence that inflation is truly defeated.

Fed's Rate Decision: Impact on UK Homes & Pensions

The Federal Reserve's pivotal interest rate decision is set to ripple through the UK economy, impacting property prices, loan rates, pensions, and job security. Here’s your essential guide to navigating the financial fallout.

UK Inflation Drops to 2.3%, But Core Rate Stays High

UK inflation fell to 2.3% in April, its lowest level in nearly three years. While food prices are finally falling, core inflation remains persistent, delaying hopes for an imminent Bank of England interest rate cut.

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 Inflation Plummets to 2.3%, Nearing BoE Target

In a dramatic shift, UK inflation has fallen to its lowest level in nearly three years, hitting the Bank of England's 2% target. Discover what this means for interest rates, mortgages, and the cost of living crisis.

RBA: Cost-of-living pain to continue through 2024

The Reserve Bank of Australia issues a sobering alert that the cost-of-living crisis is far from over, with persistent high inflation and interest rates set to continue pressuring family budgets well into the new year.

Experts: Government Misleading Public on Inflation

Leading economists sound the alarm, accusing the government of misleading the public on inflation and failing those hardest hit by the cost-of-living crisis. Exclusive analysis reveals the true picture.

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 Wage Growth Slows to 5.7% as Job Market Cools

Official figures show UK wage growth slowed to 5.7% while unemployment rose to 4.3%, signalling a cooling labour market that could influence Bank of England interest rate decisions.

Trump: Slash Immigration to Cure US Inflation

Ex-President Donald Trump proposes a controversial economic strategy, linking high immigration to soaring inflation and outlining radical plans for his potential return to the White House.

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

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