Category : Inflation


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 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

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.

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.

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 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.

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.

State Pension set for 4.7% rise worth £500 annually

Millions of UK pensioners are set to receive a significant income boost next year as the state pension is projected to rise by 4.7% under the Triple Lock mechanism, potentially adding over £500 to annual payments.

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.

Fed Holds Rates Steady as Inflation Cools

The US Federal Reserve pauses its aggressive rate-hiking campaign, signalling a potential turning point in the battle against inflation. We break down the impact on mortgages, savings, and the global economy.

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.

Gen Z's £1,000 Friendflation Crisis Exposed

Exclusive research uncovers how 'friendflation' is crippling Gen Z's social lives, with 18-24 year olds now spending over £1,000 more annually on socialising than older generations amid cost of living squeeze.

Think Tank Demands Urgent Reform of Bank of England

A major economic think tank, IPPR, has launched a scathing report demanding a radical overhaul of the Bank of England's mandate. The proposed reforms aim to prioritise economic growth, green investment, and regional equality, challenging the Bank's curren

Russia's Regional Inflation Crisis Exposed

Exclusive analysis reveals Russia's soaring inflation is hitting regions hardest, with prices for essentials like eggs and sugar skyrocketing far beyond official figures, creating a stark divide from Moscow.

UK Food Inflation Crashes to 18-Month Low

In a major relief for households, UK food inflation has dropped to its lowest level since January 2023. We break down which grocery prices are falling fastest and what it means for your weekly shop.

10 Genius Hacks to Slash Your Food Shop Bills

As UK food inflation soars, savvy shoppers are fighting back. Discover the insider secrets, from yellow sticker strategies to powerful apps, that can save your family hundreds of pounds a year.

UK Inflation Hits 2% Target, First Time Since 2021

In a dramatic shift, UK inflation has hit the Bank of England's 2% target for the first time in nearly three years. This sharp fall from April's 2.3% fuels intense speculation about an imminent interest rate cut, offering relief to millions of households.

UK Inflation Plummets to 2.3%, Easing Cost of Living

In a dramatic shift, UK inflation has hit the Bank of England's 2% target for the first time in nearly three years. Discover how falling energy prices are putting money back in your pocket and what it means for interest rates.

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