All news on the topic: Inflation

405
Bank of England warned to be wary of public sector pay deals
The Bank of England should be on the guard against the potential inflationary impact of Labour’s inflation-busting public sector pay deals, according to economists.
366
UK inflation rises to 2.2% in first increase since December
Annual rate in July climbs back above Bank of England target of 2%, ONS figures show
534
Major mobile and broadband firm reveals exact amount your bills will increase next April
A major mobile and broadband network has revealed the exact amount your bills will rise by next April.
637
UK inflation remains unchanged despite increasing hotel prices
UK inflation held steady in June despite hotel prices rising strongly, according to the latest official figures.
545
Bank of England keeps rates at 16-year high before UK election
The Bank of England kept its main interest rate unchanged at a 16-year high of 5.25% at its last meeting before July 4’s UK election, but the prospect of a future rate cut moved closer as some policymakers said their thinking was now "finely balanced".
589
UK achieves 2 percent inflation target
The metric bolsters a beleaguered Conservative party that had made inflation a central issue ahead of the July 4 election.
428
UK inflation falls by less than expected to 2.3%, reducing chance of June rate cut
Drop in April is smaller than forecast but level is still lowest in almost three years
376
UK economy emerges strongly from recession
The 0.6 percent growth was stronger than analysts had expected.
376
Bank of England leaves key interest rate at 5.25 percent
Governor Andrew Bailey opens the door to a first rate cut in June, but warns it’s “not a fait accompli”.
409
Brexit border checks to ’add billions’ to consumer bills
Post-Brexit checks will add more than £330m to annual business costs and 0.2% to food inflation over three years, the government admitted.
486
Andy Beckett: The cost of living crisis has made the UK a poorer, more anxious nation – and worse is yet to come
Instead of buy-one-get-one-free offers, everyday life now involves carefully comparing prices and feeling increasingly powerless
410
UK inflation has decreased by a smaller margin than anticipated, reaching 3.2%, which dampens hopes for a rate cut
Predictions for when Bank of England will start lowering cost of borrowing pushed back
391
The implementation of new Brexit checks is projected to cost UK businesses £2 billion and could contribute to fueling inflation
Additional measures from 30 April for imported animal and plant products could hike costs by 10% in first year, says Allianz Trade
411
Asda slips from top spot for cheap fuel prices as it rakes in bigger profits
A senior industry source said Asda deliberately undercut rivals by at least 1p on fuel to lure shoppers in
564
Food inflation drops to lowest level in two years – but chocolate hits record high just before Easter
Plus two high street giants are cutting down their number of stores
410
Bank of England set to kick off cyber ‘stress test’ of UK’s financial system within days
A major attack on a European financial services payments system could lead to losses of £762billion, according to Lloyds of London
340
Metro Bank ending seven-day operation that set it apart from rivals — with 1,000 jobs slashed
Half of its 76 branches will also be shut on Saturdays as it looks to save £50million
916
JD.com walks away from Currys takeover talks ending prospects of bidding battle
The Chinese online retailing giant said it did not intend on making an offer to buy the retailer
1110
Deliveroo boss says 'weight of inflation' is easing after takeaway costs soared
Will Shu, the platform's founder and chief executive, said some consumers started viewing food delivery as non-essential when the cost-of-living crisis worsened
684
Savills profits tumble as 'extremely subdued' global property market takes toll
The estate agency said it had been hit by the lowest levels of sales volumes in real estate markets for a decade, as well as restructuring costs
538
Online grocery prices were '1.2% cheaper than a year ago', according to new data
Consumers spent £1.38 billion through buy now, pay later services last month the figures show, representing 15.6% of total spending
539
Food labelling to be made clearer to help shoppers buy 'high quality' produce
The plans will also help consumers make buying decisions that 'align with their values'
1081
Vinyl back in basket of goods used to measure inflation, but hand sanitiser out
The Office for National Statistics has removed a number of items from the list of goods and services it uses to measure inflation
744
Holiday hotspot locals blast Brit tourists and claim home is 'on the brink'
Tenerife, the largest island in the Canary Islands, has seen a huge influx of tourists since the coronavirus pandemic, but locals complain about bad behaviour, inflation and low salaries