UK inflation dips to 3.4% in May despite food price jump
UK inflation fell to 3.4% in May from 3.5% in April, driven by lower air fares and petrol but offset by rising food and chocolate prices.
Category : Inflation
UK Borrowing Costs Surge as Middle East Tensions Fuel Inflation Fears
UK borrowing costs rise again as Middle East conflict drives oil prices, reigniting inflation fears and delaying expected interest rate cuts.
UK inflation drops to 3.2% in November, boosting rate cut hopes
UK inflation fell unexpectedly to 3.2% in November, its lowest since March, driven by lower food prices and Black Friday discounts, paving the way for a Bank of England rate cut.
Fuel Retailers Urged to Pass on Savings as Oil Prices Fall Below $60
UK fuel retailers urged to cut pump prices as oil drops below $60, but petrol and diesel prices remain stubbornly high despite falling wholesale costs.
Reserve Bank of Australia Cuts Cash Rate to 3.85% Amid Easing Inflation and Global Uncertainty
RBA cuts cash rate to 3.85%, second reduction this year, as inflation eases but governor warns global trade tensions pose risks to economy.
UK Inflation Hits 3.3% as Iran War Fuels Biggest Jump in Fuel Prices in Over Three Years
UK inflation rose to 3.3% in March, driven by soaring fuel prices amid the Iran war, with food and air fares also increasing.
UK shop price inflation eases to 1% amid heavy discounting
UK shop price inflation eased to 1% in April as retailers offered heavy discounts amid weakening consumer confidence and the Iran war impact.
Trump's State of the Union Address: A Fact-Check on Jobs, Energy and Immigration
A fact-check of Trump's State of the Union reveals inflated claims on jobs, energy prices, immigration and peace agreements.
US Inflation Report Cancelled, Adding to Fed Rate Decision Uncertainty
US Bureau of Labor Statistics cancels October CPI due to government shutdown, leaving Fed uncertain on rate cuts.
Shop Price Inflation Slows as Retailers Offer Heavy Discounts
UK shop price inflation slowed to 1% in April amid heavy discounts, with non-food deflation and food inflation easing, but consumer confidence weakens.
UK inflation rises to 3.3% as Iran war drives fuel price surge
UK inflation hit 3.3% in March as the Iran war drove fuel prices up sharply, with transport costs rising 4.7% and food inflation climbing to 3.7%.
UK Inflation Falls to 3.2%, Paving Way for Bank of England Rate Cut
UK inflation dropped to 3.2% in November, its lowest since March, driven by falling food prices and Black Friday discounts. Bank of England expected to cut rates.
UK inflation falls to 3%, boosting rate cut hopes
UK inflation fell to 3% in January, its lowest since March 2025, boosting prospects of an early interest rate cut by the Bank of England.
UK Inflation Hits 3.3% as Iran War Drives Fuel Price Surge
UK inflation accelerated to 3.3% in March as Iran war triggered biggest fuel price jump in over three years, impacting living standards.
Trump Blames Biden as US Inflation Accelerates to 3%
US inflation rose to 3% in January as Fed Chair Powell testifies; Trump blames Biden and calls for rate cuts.
Reeves Blames Brexit and Austerity for Forcing Budget Action
Chancellor Rachel Reeves blames Brexit and austerity for forcing tax rises and spending cuts in the upcoming budget.
UK Inflation Drop Signals Imminent Interest Rate Cut
UK inflation fell to 3.6% in October, prompting expectations of a Bank of England rate cut. Chancellor Reeves hints at budget measures to lower prices.
London sees first rain after long dry spell
London experienced its first significant rain in weeks on Sunday morning, with passing showers between 5:20am and 11:00am, breaking a prolonged dry spell that led to a hosepipe ban.
‘A weekly shop now costs £220’: UK households struggle as food prices stay high
UK food prices remain 30% higher than 2022 as ONS data shows easing but persistent inflation. Readers share shock at £220 weekly shops and own-brand switches.
UK inflation falls to 3.2%, paving way for Bank of England rate cut
UK inflation dropped to 3.2% in November, boosting chances of a Bank of England rate cut. Food prices and Black Friday discounts drove the decline.
UK inflation falls sharply to 3.2% as food price rises slow
UK inflation fell to 3.2% in November, its lowest in eight months, driven by slower food price rises and Black Friday discounts, paving way for a Bank of England rate cut.
Premium Bonds holders warned: 3.5 years to win a prize
A new analysis reveals Premium Bonds holders wait an average of 3.5 years for a prize, with 94% of jackpot winners holding over £10,000.
Andy Burnham Cuts VAT on Electricity, Funded by Digital ID
Prime Minister Andy Burnham announces removal of VAT on domestic electricity from October 1, funded by cancelling the Digital ID programme, aiming to reduce annual energy bills by £45.
Cost of Living Crisis: Fair Go Fading in Australia
A recent survey reveals Australians are increasingly frustrated as the cost of living rises and small joys diminish, questioning whether the 'fair go' is lost.
Cotswolds Cars Ltd in Liquidation with £111K Debts
Cotswolds Cars Ltd, a Woodstock-based transport firm offering airport shuttles, entered liquidation on July 15, 2026, with £111,070 in debts and assets of nearly £70,000.
Savers Warned: 3 Tax Increases from Next Year
From April 2027, savings tax rates will rise by 2 percentage points across all income brackets, ISA rules tighten, and cash in stocks and shares ISAs faces a 22% charge. Kroo Bank CEO urges review.
Coffee Prices Surge: £6.50 Flat White Amid Inflation
Coffee prices are rising sharply, with some flat whites hitting £6.50, driven by volatile weather, higher energy costs, and increased taxes. Lavazza warns of 'exceptional volatility' as arabica and robusta bean prices soar.
Oil Prices Leap and Stocks Fall Amid US-Iran Strikes
Oil prices jumped 3.4% and European stocks fell after US strikes on Iran over the Strait of Hormuz, with airlines and chip stocks hit hard.
10m Brits face £56k retirement shortfall over inheritance gap
Around 10 million UK adults expect inheritance to fund retirement, but fewer than half have discussed plans, risking a £56,535 shortfall equivalent to nearly two years of living costs.
Tumble Dryer Switch Saves £25 in Heatwave: Uswitch
Households can save over £72 by making simple summer swaps like line-drying clothes instead of using a tumble dryer, according to Uswitch.com. Ditching the dryer alone saves £25 over the four warmest months.
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