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The Latest Breaking News from Inflation

Some ‘good news’ for mortgage borrowers despite base rate left on hold

Several lenders have been cutting their mortgage rates in recent days.

Evening Standard

Some ‘good news’ for mortgage borrowers despite base rate being maintained

Several mortgage lenders have launched new rates this week

The Independent UK

Gold Refuses To Crack: Bulls Dig In As Yields And Dollar Test Their Limits

After months of weakness, the yellow metal is regaining shine as the Fed's next move clouds markets.

International Business Times

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BoE keeps rates steady at 4% as economy shows signs of slowing

The UK's annual rate of consumer price inflation is standing at 3.8%, nearly double the bank’s 2% target.

Euronews

Bank of England makes big interest rate decision ahead of Budget

IN FULL

The Independent UK

Bank of England leaves interest rates on hold at 4% and says inflation "has peaked"

The next cut in the cost of borrowing is now expected in December just before Christmas

Evening Standard

Bank of England says inflation has ‘peaked’ as interest rates kept at 4%

Members of the nine-strong committee pointed to a ‘gradual’ easing of rates in the longer term.

Evening Standard

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Bank of England opens door to December rate cut as it signals inflation has peaked

Policymakers keep borrowing costs at 4% before crucial budget while also warning of persistent weak growth

The Guardian - UK

Budget tax hikes could see food prices soar, major supermarket boss warns

Sainsbury’s CEO Simon Roberts says shoppers are being ‘cautious’ ahead of the announcement later this month

The Independent UK

Sainsbury’s boss warns Budget tax hikes could send food prices higher

Chief executive Simon Roberts said the sector has already been hit with higher taxes and costs which have fuelled inflation.

Evening Standard

Zohran Mamdani shows how Democrats can defeat authoritarians like Trump

Democrats have two choices: fight to make life affordable again for ordinary people or watch voters embrace authoritarians

The Guardian - US

Sainsbury’s says shoppers are delaying spending in run-up to budget

Boss of supermarket urges Rachel Reeves not to fuel inflation with tax rises on retailers and suppliers

The Guardian - UK

UK Banks Slash Mortgage Rates Before Key Bank of England Vote — Analysts Predict Shock 0.25% Cut

Major UK lenders have cut mortgage rates ahead of the Bank of England's upcoming decision, igniting a competitive mortgage market just days before the MPC meeting.

International Business Times UK

Flashback Prices: These Grocery Finds Feel Like 1959

The high inflation of recent years makes most grocery prices feel painful. However, a few iconic products have famously resisted price hikes for decades. These items are known as “loss leaders.” Stores sell them at or below cost to get you in the door. They are betting you will buy…

Grocery Coupon Guide

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The Guardian - AU

The RBA predicts inflation will rise faster than wages. Let’s hope it’s wrong

If the Reserve Bank is right, then by the end of 2027 the average wage will only have the same purchasing power as it did at the end of 2011

Fortune

Inflation is so bad Americans are counting on Black Friday just to afford groceries and everyday essentials

"Black Friday is still a make-or-break moment for retailers, but shopper behavior is shifting," says Lightspeed Commerce founder and CEO Dax Dasilva.

Axios

Election results' message: Americans want things cheaper

ABC exit polling found the economy was the top issue for Virginia voters.

Benzinga

Trump's Tariffs Are Quietly Fueling A New Wave Of Inflation, Economists Warn

If price pressures have taken a back seat in market conversations lately and much of the tariff anxiety seemed overblown, fresh signs suggest this inflation honeymoon may be ending sooner than expected.

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news in one place.

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Evening Standard

UK interest rates set to stay at 4%, but policymakers ‘deeply divided’

Most economists agree that there will be divisions among the nine-person committee when it comes to this week’s vote.

The Independent UK

Why does the government want me to invest instead of save – and how do I start?

Rachel Reeves might cut the cash ISA allowance in a bid to push more Brits towards stocks and shares

Evening Standard

Services sector picks up in October as outlook for firms hits year-high

Businesses in the sector, which includes retail, hospitality and financial services, also reported that cost inflation waned.

Benzinga

Two-Thirds Say Nation 'Seriously Off' Track, Fault Trump On Inflation

Two-thirds of Americans say the country is "pretty seriously off on the wrong track," while just under a third say it's moving in the right direction, according to a new ABC News/Washington Post/Ipsos survey conducted between Oct. 24 and Oct. 28. That share is down from November 2024, when 75%…

Euronews

Bulgaria, Georgia, Andorra: Where are Europe’s best value ski destinations?

A study from earlier this year found that overall, the cost of skiing in Europe has risen by 34.8 per cent above inflation since 2015.

AAP

Shares pare early losses but linger at five-week lows

A storm of local and global headwinds are blowing against the local bourse, which has fallen for six of the last seven sessions.

The Independent UK

London Tube workers agree new pay deal after strikes

The agreement follows five-day strike action in September and ‘sustained’ negotiations

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