Search results for ‘inflation’
960 items found
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How does the UK’s inflation compare to the rest of the world?
Well, it’s not just the UK. Rising prices have been causing problems for other developed economies too.
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‘We still have real challenges we need to grip to get core inflation down,’ says Chief Secretary to the Treasury
We spoke to John Glen, Chief Secretary to the Treasury, and began by asking him why core inflation, which excludes energy and food, remains so high.
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Inflation falls to 6.8% but prices remain high
Inflation is down, falling just over 1% last month, but prices are continuing to rise – just more slowly than they were before.
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Wage inflation means interest rates will go higher and stay high longer, says Cambridge economist
We spoke to economist Mohamed El-Erian, formerly the CEO of the giant bond traders PIMCO, now president of Queen’s College, Cambridge.
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Will wage growth mean higher inflation and interest rate hike?
New official figures show that wage increases have hit a record level.
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Inflation eases more than expected to 7.9%
Inflation has eased more than expected, falling to 7.9%.
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Supermarket bosses say prices have ‘never been more competitive’, amid highest food inflation in 45 years
“We’ve never been more competitive” – that was the message the big supermarkets tried to sell to MPs today.
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Interest rates up to 5% to curb inflation, Bank of England says. Helia Ebrahimi with the latest on the UK economy.
If mortgage payers, renters and businesses were feeling the squeeze before today, well now the pips are coming out.
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When will UK inflation fall?
We spoke to Giles Wilkes, a former economic adviser to Theresa May and Vince Cable; and Kitty Ussher, chief economist at the Institute of Directors.
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UK inflation remains at 8.7% as mortgage holders brace for another interest rate hike
Inflation: the enemy which Rishi Sunak pledged to “face down” by the end of year – looks to be going nowhere fast, according to data released today, risking growth in the UK economy and sparking fears of recession
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UK Economy: stubborn inflation, slow growth and recession looming
There is no alternative. That was the message today from the Chancellor, saying the government gave complete backing to the Bank of England in its bid to bring down inflation by raising interest rates.
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Has food price inflation finally peaked?
There may be some relief on the horizon for households trying to cover their ever-rising food bills.
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UK inflation stuck at highest level in forty years
Inflation is down by a wafer. It was 8.7 per cent in April. But that’s not down as much as expected, stoking fears that the UK has a big problem with rising prices.
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Bank of England expected to raise interest rates to highest level in 15 years in bid to reduce inflation
The Bank of England is expected to put up interest rates later this week to their highest level for 15 years in a bid to bring down inflation. It’ll be the 12th increase in the cost of borrowing since the end of 2021 – although one building society has now started offering a deposit free…
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9m
Food prices soar as inflation still above 10%
Britain has the highest inflation rate in Western Europe. Last month the rising cost of food contributed to a 10.1% inflation rate, only a slight drop from the month before.
