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The Latest Breaking News on As UK inflation falls to 2.3%, here’s what it could mean for wages

As UK inflation falls to 2.3%, here’s what it could mean for wages

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…

The Conversation

Where the inflation and national debt figures leave Sunak’s five priorities

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

The Independent UK

Get it over with and call an election, Rishi — the economy won't look any better by November

City Comment: Downing Street had been banking on a run of interest rate cuts before an autumn election, but that seems off the cards now

Evening Standard

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OPINION - The Standard View: Economy is on the up – but not fast enough for the Conservatives

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…

Evening Standard

Inflation: Why has it fallen and what it means for you

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

The Independent UK

Hunt hit by inflation ‘miss’ and benefits bill

Higher-than-expected inflation dealt a blow to interest rate cut hopes, while public borrowing grew by £1.5 billion

Evening Standard

UK inflation falls to 2.3%, lowest level in nearly 3 years but still above Bank of England's target

Inflation in the U.K. fell sharply to its lowest level in nearly three years in April on the back of big declines in domestic bills

The Independent UK

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Jeremy Hunt hails fall in inflation but admits: 'Do people feel better off now than a few years ago? No.'

The Chancellor said many households are still finding it ‘tough’ after prices spiralled in Britain but stressed there were ‘healthy prospects going forward’

Evening Standard

Big drop in UK inflation rate disguises more disappointing details

Service sector inflation, monitored closely by Bank of England, barely budged in April

The Guardian - UK

Rishi Sunak told 'cost of living crisis not over' as inflation eases

THE Prime Minister has been warned the cost of living crisis is not yet over as he welcomed the latest inflation figures.

The National (Scotland)

UK Inflation Slows To Near Three-year Low

Britain's annual inflation rate slowed to a near three-year low in April as energy prices cooled further, official data showed Wednesday, easing a cost-of-living crunch before this year's general election.

International Business Times

Many Londoners 'living on edge of hardship' as poll shows one in four couldn't afford surprise £50 bill

Survey by Savanta for the Centre for London laid bare how many households in the capital are struggling with the cost-of-living crisis

Evening Standard

Blow to interest rate cut hopes as inflation remains above Bank of England target

The sharp fall in the Consumer Prices Index was driven by the lower energy price cap an lower food bills

Evening Standard

UK interest rate cut more likely in August as inflation falls less than expected to 2.3% in April

Getting inflation down to 2 per cent is a key target for the Bank of England

The Independent UK

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The Guardian - UK

UK inflation falls by less than expected to 2.3%, reducing chance of June rate cut

Drop in April is smaller than forecast but level is still lowest in almost three years

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