Tag: inflation

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Corporate profits account for 45 per cent of price rises since the start of 2022, according to a new paper.

Inflation in Britain is forecast to average at 6.9% for 2023, the Organisation for Economic Co-operation and Development found.

The figure adds a potential £811 to annual household shopping bills, according to analysts Kantar.

Jeremy Hunt will deliver his autumn statement tomorrow, with rumours that it will include a £1,100 handout to help struggling families.

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.

Shifts in energy prices will lead to inflation "entering the stratosphere", Citi bank say.

It comes well ahead of the next-highest inflation rates seen amongst the G7 countries

Meanwhile, Boris Johnson's spokesperson has said there will be no further government intervention before the Tory leadership race ends