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Tag: Inflation
about 15 hours ago
dailymail.co.uk

Government borrowing hit RECORD high of £16.7bn last month

The £16.7billion borrowed was more than double February last year, and the highest for the month since comparable fig...

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5 days ago
dailymail.co.uk

BBC licence fee payers face a £13 rise to £172 a year to watch TV

The Department of Culture, Media and Sport (DCMS) will enforce a rise in line with inflation, forecast to be 8.2%.

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22 days ago
inews.co.uk

£811 added to annual grocery bills as cost of food shopping hits new high

Prices are rising fastest across milk, eggs and margarine, according to Kantar

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3 months ago
dailymail.co.uk

Rishi Sunak vows to work 'night and day' to get Britain back on track

Trying to get on the front foot in 2023 amid a crippling wave of strikes, Rishi Sunak acknowledged the massive pressu...

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3 months ago
dailymail.co.uk

Unions ramp up general strike threats with chaos set to run to SUMMER

New TUC chief Paul Nowak made clear that industrial action will be 'co-ordinated', with the country facing a 'rolling...

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3 months ago
dailymail.co.uk

More pain for Britons as Bank of England hikes interest rates to 3.5%

The Monetary Policy Committee announced it is pushing the base rate from 3 per cent to 3.5 per cent - heaping more pa...

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3 months ago
dailymail.co.uk

Bank of England braces to hike interest rates AGAIN from 3% to 3.5%

The Bank of England is expected to announce the ninth successive increase in rates, taking the level to a 14-year hig...

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3 months ago
dailymail.co.uk

Has inflation FINALLY peaked? CPI rate eases to 10.7% in November

The headline CPI rate fell from the eye-watering 11.1 per cent recorded in October, and further than the 10.9 per cen...

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3 months ago
dailymail.co.uk

MPs on track for a 2.9% pay rise next year as ministers slam strikes

Pay for politicians is linked to figures for public sector earnings that were published today.

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4 months ago
dailymail.co.uk

CBI warns of 'lost decade' of growth unless Rishi Sunak gets 'serious'

The CBI delivered the stark plea for the PM to treat the danger 'seriously' as it sharply downgraded estimates for UK...

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4 months ago
dailymail.co.uk

Rishi Sunak creates 'Winter of Discontent' unit to tackle strikes

The PM's close ally Oliver Dowden, the Cabinet Office minister, has been put in charge of the task force managing the...

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4 months ago
dailymail.co.uk

MPs on track for 2.4% pay rise as Rishi Sunak slams union demands

Pay for politicians is linked to figures for public sector earnings that will be published over the next fortnight.

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4 months ago
dailymail.co.uk

Brits tell how they'll be 'financially crippled' after £1tn tax hit

The raft of changes have left the average family facing the prospect of being more than £800 a year worse off, with t...

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4 months ago
dailymail.co.uk

Inflation soars to FORTY-YEAR high of 11.1%

The headline CPI rate rose to a new 41-year high of 11.1 per cent in October, up from 10.1 per cent the previous mont...

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4 months ago
businessinsider.com

Inflation is still pushing higher-income shoppers to Walmart for groceries, giving the retailer a...

Americans' budgets have been strained for months, which has nudged wealthier shoppers away from higher-end grocery ch...

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4 months ago
dailymail.co.uk

More than 550,000 working days lost to strikes in August and September

Official figures showed that industrial action - including by rail and Royal Mail workers and barristers - cost 356,0...

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4 months ago
dailymail.co.uk

Wages tumble by 3.7% in real terms despite unemployment dipping again

Official figures showed total wages were down 3.7 per cent in the three months to September compared to the same time...

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4 months ago
dailymail.co.uk

Bank of England chief economist warns interest rates WILL rise again

Huw Pill told a conference that the Bank of England 'cannot declare victory' yet against inflation, with CPI still at...

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4 months ago
dailymail.co.uk

Food bills could soar by £682 a year as grocery inflation hits 14.7%

Sales of supermarket own-label products jumped again by 10.3% over the latest four weeks and the cheapest value range...

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4 months ago
dailymail.co.uk

State pension and benefits 'are set to rise in line with inflation'

Details sent to the Treasury watchdog ahead of Chancellor Jeremy Hunt's Autumn Statement are said to factor in increa...

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5 months ago
dailymail.co.uk

Rishi Sunak assembles 'big tent' Cabinet with Hunt 'staying in No11'

Rishi Sunak is expected to offer olive branches to former rivals and bring back big beasts from exile as he battles t...

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5 months ago
dailymail.co.uk

Liz Truss holds final Cabinet before handing over to Rishi Sunak

Liz Truss is gathering her Cabinet one last time, and will make a valedictory speech in Downing Street just after 10a...

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5 months ago
dailymail.co.uk

British Prime Minister Liz Truss QUITS after just 44 days

Truss only took over from former leader Boris Johnson on September 6 after winning an internal Conservative Party lea...

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5 months ago
dailymail.co.uk

Truss makes grovelling apology for mini-Budget shambles at PMQs

A clearly-rattled premier admitted she was 'sorry' and had 'made mistakes' as she tried to take the sting out of the ...

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5 months ago
dailymail.co.uk

PM REFUSES to stand by pensions triple lock as Hunt warns of squeeze

The PM's spokesman pointedly insisted the government is 'not making any commitments' when asked about the key policy.

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5 months ago
dailymail.co.uk

Pension triple lock under threat in £40bn Halloween Budget cuts

Jeremy Hunt announced he was reversing £32billion of tax cuts yesterday as the government tries to quell market panic...

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5 months ago
dailymail.co.uk

Liz Truss vows she WON'T cut spending despite '£60bn' black hole

In tetchy clashes with Keir Starmer, the premier shrugged off warnings of a £60billion black hole in the public finan...

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5 months ago
dailymail.co.uk

UK economy went into the red in August shrinking by 0.3%

GDP fell by 0.3 per cent in August, much worse than the flatlining analysts had expected, with factories and consumer...

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5 months ago
dailymail.co.uk

Sick Britain: Long-term illness rate in labour force hits RECORD high

The UK's unemployment rate fell to 3.4 per cent in the quarter to August, its lowest since February 1974. But employm...

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6 months ago
dailymail.co.uk

Kwasi Kwarteng holds crisis talks with mortgage lenders as rates soar

Chancellor Kwasi Kwarteng is meeting high street lenders and the largest challenger banks after his mini-Budget fuell...

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6 months ago
dailymail.co.uk

Campaign to save 1970s leisure centres that thousands enjoyed

The 20th Century Society (C20) has launched a campaign for ten venues to be granted listed status, as dozens of centr...

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6 months ago
dailymail.co.uk

Liz Truss faces Cabinet revolt on plan to cut benefits

Liz Truss is set to defy dozens of Tory MPs by uprating benefits in line with earnings rather than inflation, meaning...

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6 months ago
dailymail.co.uk

Bank of England may be forced to hike interest rates within TWO DAYS

Viraj Patel, a foreign exchange and global macro strategist at Vanda Research, believes the Bank of England will be f...

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6 months ago
dailymail.co.uk

Market chaos sees Pound slump to ALL-TIME low of $1.03

The Pound was 'absolutely hammered' in trading early this morning, dropping to just $1.0327 - under the grim 1985 bas...

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6 months ago
dailymail.co.uk

Kwasi Kwarteng slashes £45bn off tax burden despite borrowing fears

In a dramatic 'Emergency Budget' that saw the biggest assault on the tax burden since 1972, the Chancellor abolished ...

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6 months ago
dailymail.co.uk

Billions to bankers, nothing to nurses: Fury over move to scrap cap

The Royal College of Nursing (RCN) accused the Chancellor of having his 'priorities wrong'. It is now balloting its 4...

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6 months ago
dailymail.co.uk

Kwasi Kwarteng gambles with huge tax cuts in 'Emergency Budget'

Chancellor Kwasi Kwarteng is presenting an 'emergency Budget' to the Commons with slew of dramatic measures designed ...

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6 months ago
dailymail.co.uk

Truss gambles on biggest tax cuts for 30 YEARS to end 'stagnation'

Liz Truss Chancellor Kwasi Kwarteng will present the 'emergency Budget' to the Cabinet this morning, before announcin...

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6 months ago
dailymail.co.uk

More pain for Britons as Bank of England hikes interest rates by 0.5%

The base rate is going up by another 0.5 percentage points to 2.25 per cent, but the Bank stopped short of the 0.75 p...

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