UK economy: Wage rises risk entrenching high inflation, says Chancellor Jeremy Hunt
Jeremy Hunt said the Bank of England was “very clear” that “wage pressure is one of the risks” that could
Read moreJeremy Hunt said the Bank of England was “very clear” that “wage pressure is one of the risks” that could
Read moreBank of England Governor Andrew Bailey says lower energy prices should help lower inflation. Read more BBC News Now retrieving
Read moreThe US central bank announces its smallest rate rise in nearly a year. Read more BBC News Now retrieving an
Read moreShop prices have yet to reach their peak – despite record highs seen in January, it has been warned. Prices
Read moreGrocery inflation has hit a new record level since Christmas, according to closely watched industry data which has abruptly ended
Read moreWith book prices doubling, Egyptian authors are also being more economical in their writing. Read more BBC News Now retrieving
Read moreWhich?’s supermarket food and drink inflation tracker records the annual price rises of tens of thousands of food and drink
Read moreThe country’s central bank is under pressure to increase interest rates to help curb rising prices. Read more BBC News
Read moreImage caption, “Fuming” Conservatives in the north of England and the Midlands is how the i sums up anger at
Read moreBank of England governor says UK may have “turned the corner” on price rises, but recession remains likely. Read more
Read moreThe Office for National Statistics (ONS) which calculates inflation, bases its numbers on a basket of goods that reflects what
Read moreThat inflation of 10.5% should be essentially good news speaks volumes for the economic turmoil of the last year. A
Read moreJeremy Hunt drew comparisons to the comic character as he used coffee cups to explain soaring costs. Read more BBC
Read moreThe rate of inflation eased to 10.5%, according to official figures – down from 10.7% in November. The Office for
Read moreThe rate of price rises slowed to 10.5% in December, according to official figures. Read more BBC News Now retrieving
Read moreThe rate of UK unemployment rose to 3.7% in the three months to November and wages grew at their fastest
Read moreWages rose at their fastest growth since 2001 excluding the pandemic, but still lag behind rising prices. Read more BBC
Read more“We saw this really dramatic appreciation of the dollar when the US was really moving most forcefully against inflation earlier
Read morePrices in the US rose 6.5% over the 12 months to the end of December, the US Labor Department says.
Read moreInflation may prove to be more persistent in the UK than other countries, the Bank of England’s chief economist has
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