inflation

Recession set to be confirmed and inflation up too in double blow to economy

Business
Robert Johnson

By John-Paul Ford Rojas Updated: 21:51 11 Feb 2024 Share or comment on this article: Figures set to show inflation rose to ...

Lockdown impact on children risks damaging productivity for decades, says OECD

Business
Robert Johnson

With the total size of the global economy estimated at $105 trillion in 2022 (£85 trillion) in cash terms by the International ...

Inflation in the UK to be highest in G7 as Bank of England to be ‘prudent’ with interest rate cuts

Business
Robert Johnson

The UK economy will experience the highest inflation levels of the G7 this year despite the cost of living crisis easing, based ...

Blow to hard-pressed Brits as big tax cuts in Budget could be sunk by Houthi terror attacks on shipping in Red Sea

Business
Robert Johnson

TERROR attacks on ships in the Red Sea could sink hopes of big Budget tax cuts, government insiders say. Chancellor Jeremy Hunt ...

Pay rises ‘obviously good news’ says Number 10, after Bailey warns wages too high

Business
Robert Johnson

Concerns about the impact of higher rates on households and businesses have led to growing calls for the Bank to start cutting ...

Bank of England could be about to open the door to interest rate cuts

Business
Robert Johnson

People walk outside the Bank of England in the City of London financial district, in London, Britain, January 26, 2023. Henry Nicholls ...

Bank of England Rates Decision: What to Expect on…

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Sophie Anderson

By the time the Bank of England (BoE) announces its monetary policy decision on February 1, two of the world’s largest central ...

‘Virgin Media and O2 are the worst’

Business
Robert Johnson

Broadband customers were “£450 worse-off” during the cost of living crisis due to above inflation price hikes, according to new analysis. Virgin ...

JP Morgan CEO warns high inflation is echo of 1970s as he rubbishes ‘Goldilocks’ economic scenario

Business
Robert Johnson

The CEO of JP Morgan has warned that the current high inflation rate echoes back to the 1970s, a period marked by ...

Red Sea crisis poses risk to interest rates, warns Bank of England

Business
Robert Johnson

A surge in shipping prices triggered by chaos in the Red Sea poses a threat to interest rates, the Governor of the ...