UK inflation has surged to its highest level in nearly two years, fuelling concerns over both household finances and the Bank of England’s path for interest rates. Figures to be
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Britain is poised to record the highest inflation rate among major world economies this year, according to the International Monetary Fund’s latest annual economic outlook. The IMF’s report puts the
British living standards are on track to record the slowest improvement among G7 nations, according to the latest International Monetary Fund (IMF) forecast. In a significant setback for Sir Keir
Britain’s small and medium-sized businesses are expressing mounting concern over the twin threats of rising taxes and stubborn inflation rates as the country heads towards the next budget announcement. A
Britain’s hospitality sector faces renewed inflationary pressures as JD Wetherspoons chairman Sir Tim Martin issued a stark warning to the Chancellor regarding proposals for further business tax rises. Sir Tim
Shoppers across the UK face an extra £1.6bn on their bills this year as supermarkets grapple with the introduction of a new net zero tax. Retail chiefs have warned that
The pace of shop price inflation accelerated during September, driven primarily by increased costs for non-food items such as DIY and gardening products, according to new data from the British
Interest rates in the United Kingdom could be poised for a further drop as inflation is predicted to retreat to the Bank of England’s 2 per cent benchmark, according to
The Bank of England is under mounting pressure from environmental groups to ramp up its response to the climate crisis, as campaigners mark ten years since Mark Carney’s landmark speech
Back in 2012, a Greggs sausage roll was priced at a modest 66p. Fast forward to 2025 and shoppers now face a cost of £1.30 for the same popular snack,
Rachel Reeves, the Chancellor, is confronting a significant fiscal challenge as she prepares for her autumn Budget. With the government needing to plug a gap of between £20bn and £50bn
The UK’s annual inflation rate held at 3.8% in August, according to the latest Consumer Prices Index data from the Office for National Statistics. This figure stands unchanged from July
The US Federal Reserve has reduced its benchmark interest rate for the first time in 2025 marking a pivotal moment for global markets and US economic policy. The quarter point
The triple lock on the UK state pension is back in the spotlight as new figures suggest payments could increase significantly from next April. This decadesold mechanism determines how much
Official figures released by the Office for National Statistics indicate signs of growing softness in the UK labour market. August saw a reduction of 8,000 in monthly payroll numbers, pushing
The British economy stands at a crossroads, offering little growth momentum as Chancellor Rachel Reeves faces her second budget statement in November. Despite assurances that the economy is “stuck, not
