All news on the topic: Inflation

699
Bank of England holds base rate at 4.5% amid economic uncertainty
The Bank of England has maintained the UK’s base rate at 4.5%, aligning with the expectations of many economists.
564
UK economy unexpectedly contracts by 0.1% in January, marking a new setback for Rachel Reeves
The UK economy unexpectedly shrank by 0.1% in January, marking the latest setback for Chancellor Rachel Reeves.
638
Five million UK taxpayers now in highest tax bracket as fears grow over Reeves’ mini-budget
A record five million UK tax payers now fall into the highest rate tax bracket figures have revealed - as fears grow over the potential of Reeves’ April mini-budget.
708
Trudeau charged taxpayers $81,000 for groceries in one year
Prime Minister Justin Trudeau billed taxpayers for $157,642 in household food expenses over a two-year period, according to access-to-information records obtained by the Canadian Taxpayers Federation.
502
Loco-motion: Reflecting on the First Year of Argentina’s Eccentric President
Argentine President Javier Milei — nicknamed El Loco (“the Madman”) for his radical right-wing politics — is looking at a possible impeachment over a cryptocurrency scandal now that the memecoin he advertised has collapsed.
649
Energy bills are set to increase for millions of households this spring as the price cap is raised to £1,849
Energy bills will rise for millions of households this spring.
481
"Out of her depth" Rachel Reeves criticized over her handling of the economy as inflation rises to 3%
Chancellor Rachel Reeves has been criticized by the Tories as "out of her depth" after inflation figures rose to 3%, nearly the highest level in almost 10 months.
611
UK wages experience unexpected increase as the unemployment rate remains steady at 4.4 per cent
The growth of UK wages has accelerated for three consecutive months, it emerged on Tuesday, as official figures revealed that unemployment remained steady at 4.4 percent.
795
UK ’at risk of £24bn tariffs’ as Donald Trump fuels trade war with sweeping executive order
The United Kingdom is facing £24 billion in tariffs after President Donald Trump signed a comprehensive reciprocal tariffs deal targeting the trading partners of the United States in his latest executive order.
536
Bank of England’s interest rate decision leads to lower mortgage bills for millions – here’s what it means for your finances
Millions of mortgage bills are set to fall after the Bank of England confirmed a cut to interest rates.
578
Bank cuts growth forecast in half, dealing a setback to Reeves
The Bank of England has halved its growth forecast for this year in a blow to the government.
437
Britain’s economy hit as pound plunges; Treasury calls for severe spending cuts
The pound has dropped to its lowest value against the dollar since November 2023 while government borrowing costs have continued to rise.
557
Bank of England warns about risks from increasing global trade barriers
The Bank of England warned on Friday that higher trade barriers could hit global growth and feed uncertainty about inflation, potentially causing volatility in financial markets and pushing up borrowing costs for businesses and consumers.
638
Inflation rises to 2.3% in October after jump in energy bills
Inflation increased to 2.3% in October after a jump in energy bills.
510
UK inflation drops below 2% for the first time in three and a half years
Bigger than forecast annual drop to 1.7% in September puts pressure on Bank of England to cut interest rates
653
More UK employers are planning to reduce pay increases for 2025, according to an IDR survey
British employers plan to scale back pay increases next year, according to a survey that is likely to encourage the Bank of England as it seeks further signs that inflation pressures in the economy are easing.
472
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.
416
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
582
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.
695
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.
597
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".
649
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.
466
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
431
UK economy emerges strongly from recession
The 0.6 percent growth was stronger than analysts had expected.
426
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”.