The Latest Breaking News from Inflation

Retail and restaurant chains are starting to feel the impact of persistent inflation, especially as lower-income customers cut back on spending.

The September jobs report came in much higher than expected, lowering expectations for a December rate cut.

UK inflation has dropped to 3.6% but it remains well above the Bank of England’s 2% target. Beyond broader global uncertainties, there are also factors within our own homes that are quietly sustaining this stubborn issue. Namely, automatic annual price uplifts in everyday contracts for things like mobile phones and…

Boss Andrea Baldo said it saw an ‘encouraging first half’ despite wider inflationary pressures in the sector.

The recovery of real wages is expected to be so slow that it will take us until 2044 to get back to having as much purchasing power as in 2021

Sir Keir Starmer is set to face his final Prime Minister’s Questions (PMQs) opposite Kemi Badenoch ahead of Labour’s highly anticipated Budget next week.

Target’s third-quarter profit tumbled as the retailer struggles to lure shoppers that are being pressed by stubbornly high inflation

Governor Christopher Waller has pushed for a 25-basis-point cut, citing a weakening labor market, rising reports of layoffs, and softening private-sector hiring. He argued that inflation, once temporary price pressures are excluded, is moving closer to the Fed's 2% target.

The Bank of England opted to keep rates at 4 per cent in early November but next month will be a different proposition