The Latest Breaking News from Inflation

SNAP offers benefits to low-income families to supplements their grocery budget. But with economic turmoil in recent years, its assistance seems to be falling short

Economies decide elections but with growth tentative, inflation sticky, and tax cuts unlikely, why would the PM wait

Halifax announced that it will cut selected mortgage rates for movers and first-time buyers by up to 0.19 percentage points

Inflation in the UK has fallen to 2.3% in the year to April – the lowest figure for almost three years. Before this, prices at UK tills were relatively low and stable for many years. But in 2021 they started rising, causing a continual increase in the price of goods…

From olive oil to cocoa and carpets to holiday centres, how the cost of everyday things varies

Most of the Prime Minister’s five priorities had not been achieved by the end of last year.

What might have been a curtain call for the Government, with inflation falling to 2.3 per cent, was instead greeted with a sharp intake of breath. The markets were hoping for better, with a consensus forming around 2.1 per cent. As a result, a June interest rate cut now appears…

April’s inflation rate of 2.3% means that if an item cost £100 a year ago, the same thing would now cost £102.30

Higher-than expected UK inflation figures disappointed the City today, with shares closing down as the 2.3% Consumer Price Index reading dashed hopes of a June interest rate cut.