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The Latest Breaking News from Andrew Bailey

Cost-of-living squeeze to last for two years, warns Bank of England governor

Andrew Bailey warns of ‘difficult period ahead’ as people’s real wages continue to fall

The Independent UK

No 10 implicitly rebukes Bank of England chief over wage restraint call, amid unions anger – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Cost of living: families face biggest fall in disposable income for three decades, Bank of England warns – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

UK households hit by rising cost of living; Omicron lifts US jobless claims to three-month high – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Bank boss warns inflation pressures may stay until the end of 2023

The Bank of England said there are worries that energy prices may stay high for longer, while wage rises in the UK could become broad-based.

The Independent UK

UK inflation jumps to 30-year high of 5.4% as cost of living crisis deepens – as it happened

Food prices, furniture, clothes and housing costs rise; unions urge government to tackle cost of living crisis as pressure builds for February rate hike

The Guardian - UK

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