Search results for ‘inflation’
976 items found
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Argentina election: Who is the far-right candidate Javier Milei?
Voters in Argentina are heading to the polls today in a general election. It’s taking place amid a challenging situation for the country with inflation running at 140 per cent and spiralling poverty. All eyes are on Javier Milei, a Donald Trump-admiring libertarian who’s hoping to attract disillusioned supporters away from Argentina’s main parties. He…
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2m
Concern international tensions will push energy prices up
Rising petrol prices mean that inflation didn’t fall as expected last month. Instead, the annual rate of inflation remained stuck at 6.7%. There’s concern that growing international tensions will push up energy prices even more, meaning inflation here stays higher for longer.
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Stalling economy and soaring pay poses problem for chancellor
Will soaring wages and a stalling economy pose a problem for the UK?
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12m
Bank of England raises interest rates for fourteenth time in a row
Bank of England interest rates went up for the fourteenth time in a row today, to 5.25 per cent, meaning more pain for mortgage holders across the country.
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3m
Interest rates don’t need to keep rising says Bank of England rate setter
There’s no need for further interest rate rises to bring inflation back under control – that’s the verdict tonight of one of the nine people who set rates at the Bank of England.
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FactCheck: Labour claims ‘Tory mortgage penalty’ costs £2,900
There’s more to this figure than meets the eye.
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2m
Government borrowing rises above levels hit in aftermath of Liz Truss’s mini-budget
The cost of short-term government borrowing has risen above the levels hit in the aftermath of Liz Truss’s controversial mini-budget.
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Mortgage lenders continue to hike rates and pull deals
People trying to get or renew a mortgage are facing worsening economic pain – as lenders continued to hike rates and pull deals over the past few days.
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9m
Chancellor backs interest rate rise despite fears of recession
Owning a home is getting more expensive as lenders begin putting up mortgage rates, spooked by stubbornly high inflation figures.
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FactCheck: Starmer blames Number 10 for high mortgages
The Labour leader said responsibility lies solely with Number 10.
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5m
Buy now – pay later: the shops helping communities survive
Food inflation is still at very high levels – the figure of over 19% is a near record high, and is in sharp contrast to other areas where inflation is falling more dramatically.
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7m
How interest rate hike will affect mortgages
Interest rates are going up again – to 4.5% – the highest level they have been for 15 years.
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FactCheck: why has the Bank of England raised interest rates and how much are they rising?
The Bank of England has raised interest rates for the twelfth time in a row. FactCheck takes a look.
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FactCheck: how much has junior doctors’ pay fallen and what pay rise do they want?
Thousands of junior doctors in England are on strike this week over pay. But how much has junior doctors’ pay fallen – and how does it compare to other parts of the health service? FactCheck takes a look.
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FactCheck: how much more will new students pay on loan repayments and will it be ‘fairer’?
Student loan repayments are rising for the next cohort of students in England. The government says the new system will be ‘fairer’, but is this the case? FactCheck take a look.