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.
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.
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 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.
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 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.
The humble Australian discount retailer Kmart is taking the world by storm. Discover how its unique 'hustle' strategy and new Asian mega-store are setting the stage for global retail supremacy, challenging giants like Target and Big W.
New data reveals a stunning paradox in the US economy: consumer spending soars to a six-month high despite deepening recession anxieties and soaring inflation. Discover the sectors booming against the odds.
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.
Aldi has announced sweeping price cuts on over 250 staple items, from fresh produce to household essentials, in a major move to ease the cost-of-living burden for British shoppers and challenge rival supermarkets.
Aldi's UK CEO Giles Hurley warns shoppers face significant price increases if the government's budget imposes new costs on retailers. Exclusive analysis reveals potential impact on household bills.
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.
Associated British Foods chief George Weston warns the Chancellor's planned business rates overhaul will hammer high street retailers and fuel inflation, in a scathing critique of Labour's economic policy.
A sharp-eyed Tesco customer exposes dramatic price hikes on everyday essentials, with some products now costing more than double their previous price, sparking widespread concern over the cost of living crisis.
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.
Marks & Spencer stages a remarkable financial comeback, with profits surging 58% as its bold 'Never the Same Again' transformation strategy delivers results. Discover how food and clothing sales are driving growth.
London faces a fourth day of severe Tube strike disruption, crippling the city's transport network. The travel chaos coincides with John Lewis reporting a significant widening of its half-year losses, adding to a bleak midweek outlook for UK business and
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.
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.
In a surprising turn, John Lewis and Primark report strong sales growth, challenging the broader retail downturn and offering a glimmer of hope for the UK high street.
Discover how Poundland has radically evolved from a simple discount store into a retail powerhouse offering everything from groceries to fashion and homeware, defying inflation and changing the UK shopping landscape.
In a surprising turn, John Lewis and Primark report strong sales growth, challenging the broader retail downturn and offering a glimmer of hope for the UK high street.
Discount retail giant Home Bargains is set to close all its UK stores for three days in September for an extensive staff training programme, promising a revamped customer experience upon reopening.
New data reveals a sharp decline in UK retail sales, with supermarkets hit hardest as consumers grapple with the ongoing cost-of-living crisis and cut back on essential spending.
Iconic accessories retailer Claire's is set to close several of its UK stores as part of a major Company Voluntary Arrangement (CVA) restructuring plan, impacting the British high street.
John Lewis Partnership announces major expansion plan to create 10,000 new roles in rental services, financial products, and refurbished furniture, marking significant shift in retail strategy.
Scottish craft beer giant BrewDog reports a staggering £37m pre-tax loss for 2024, with sales growth plummeting to just 1% amid a 'perfect storm' of inflation and changing consumer habits.
Electronics retailer CEX has sparked fury after employees created a controversial window display featuring a mannequin slumped over a till, labelled 'Average Retail Worker'. The stunt has been branded 'disgusting' and 'tone-deaf' by furious customers.
Christine Woodson faces multiple felony charges after police allege she orchestrated a brazen scheme to steal high-value Slushi Ninja machines from Target stores across Virginia in a sophisticated retail crime operation.
Sainsbury's has abruptly ended its trial of personalised, AI-driven pricing for Nectar cardholders after a customer backlash over 'secret' price changes. The scheme, which offered individual discounts in London and Bath, has been scrapped.