Inflation

Why is the Bank being cautious in delaying rate cuts?

After the Federal Reserve’s monster 0.5 percentage point cut in US borrowing costs on Wednesday, it seemed strange that the Bank of England should sit on its hands and...

Why didn’t the Bank of England cut interest rates?

After the Federal Reserve’s monster 0.5 percentage point cut in US borrowing costs on Wednesday, it seemed strange...

With inflation staying at 2.2%, will Bank of England cut interest rates this week?

For a second month running inflation has fallen short of the Bank of England’s expectations. After beginning the...

UK inflation stays at 2.2% as lower petrol prices offset by higher air fares

The UK’s annual inflation rate rose by 2.2% in August, matching the increase in July, as lower petrol...

UK state pension could rise by about £460 a year from April, wage growth figures suggest

The UK state pension could rise by about £460 a year from April 2025, the latest wage growth...

US economy adds 142,000 jobs in August as Fed plans to cut interest rates

US employers added 142,000 jobs last month, the labor department announced on Friday, in one of the year’s most closely watched economic news releases. The...

Trump would make the US economy weaker, less competitive and less equal | Joseph Stiglitz

The US presidential election in November is critical for many reasons. At stake is not only the survival of American democracy, but also sound...

UK shop prices fall year on year for first time since cost of living crisis began

UK shop prices have dropped for the first time since the cost of living crisis began nearly three years ago, as food inflation eased...