Search results for ‘inflation’
960 items found
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Raising benefits in line with inflation ‘needs to be done,’ says former Tory party leader Iain Duncan Smith
One of the senior Tories calling for benefits to be uprated in line with inflation is the party’s former leader Iain Duncan Smith.
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22 million people could be affected, as PM won’t commit to raising benefits in line with inflation
The Prime Minister has refused to commit to raising benefits in line with inflation, despite growing pressure from senior Tory MPs – including a former party leader and a member of her own cabinet.
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What happens if the government does not raise benefits in-line with inflation?
If the government decides not to raise benefits in line with inflation to deal with the effects of last week’s mini-Budget, it could amount to the largest permanent real-terms cut to the basic rate of benefits in history, anti-poverty groups have warned.
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Tax cuts will not add to inflation pressure, Chief Secretary to the Treasury says
We spoke to the Chief Secretary to the Treasury, Chris Philp, and began by showing him a graph which showed sterling dropping in reaction to the statement.
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Inflation falls for first time in almost year but food prices still rising
Inflation fell by a whisker in August – for the first time in almost a year – thanks to the lower cost of petrol and diesel.
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Inflation falls for first time in almost a year but remains high
Inflation fell in August for the first time in almost a year thanks to a drop in diesel and petrol prices – but the cost of living is still high.
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‘Inflation is public enemy number one,’ says Dominic Raab
We speak to deputy prime minister Dominic Raab, who is backing Rishi Sunak in the leadership campaign.
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Do tax cuts fuel inflation?
Patrick Minford is professor of applied economics at Cardiff University and a former advisor to Margaret Thatcher.
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Warning rising energy prices could push UK inflation to 18% next year
Experts are warning rising energy prices could push UK inflation to 18% next year.
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No evidence wages is driving inflation, TUC says
We spoke to Trades Union Congress deputy general secretary Paul Nowak
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4m
UK inflation rises to highest rate in 40 years as cost of living crisis deepens
Butter, milk, ready meals and bread. They’re all soaring in price, and the rising cost of food has helped to push inflation into double digits – its highest level for more than 40 years.
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10m
Wages dive as inflation soars and recession looms
On the face of it, it sounds like good news – average wages rose by almost 5% between April and June.
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8m
Is raising interest rates to tackle inflation the right call?
Has the Bank’s Monetary Policy committee made the right call in forcing us to swallow the bitter pill of raising interest rates to tackle inflation?
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‘Embedded inflation will hurt least well-off more’, says Bank of England governor
The Bank of England has come under fire from politicians for failing to deal with inflation. And senior Conservative MPs have accused it of ‘fairytale forecasting’.
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UK inflation surges to 40-year-high of 9.4%
Top of the long list of problems the new prime minister will have to address is the cost of living crisis.