UK risks more persistent inflation than Europe, warns Bank rate setter
Britain had faced an inflation ‘double whammy’ with both a tight jobs market and a trade shock, Megan Greene said.
Tag: inflation
Bank of England ‘losing the battle against inflation’
Once again, "diligent homeowners are forced to shoulder the burden of getting inflation under control, while the banks continue to reap the benefits" - analysis.
Inflation to fall markedly this month, says Bank of England governor
Andrew Bailey indicated inflation will return to its recent pattern of slowdowns after the ONS reported a pause at 6.7 per cent for September.
BBC article on UK wage rises gets fact-checked and it’s beautiful
BBC Reality Check might want to pay some attention to the content on its own site!
Rising corporate profits ‘largest contributor to inflation’ over past two years – IMF
Corporate profits account for 45 per cent of price rises since the start of 2022, according to a new paper.
UK economy set for highest inflation and close to slowest growth of G7 countries
Inflation in Britain is forecast to average at 6.9% for 2023, the Organisation for Economic Co-operation and Development found.
Grocery price inflation reaches record 17.1 PER CENT
The figure adds a potential £811 to annual household shopping bills, according to analysts Kantar.
UK inflation jumps to 41-year high of 11.1%
Jeremy Hunt will deliver his autumn statement tomorrow, with rumours that it will include a £1,100 handout to help struggling families.
What is inflation?
With prices going up at a rate of knots, we tackle the big questions on what causes inflation to shoot up and how governments can work to bring it down.