The Latest Breaking News from Inflation

Building sector faces ‘perfect storm’ from inflation and staff shortages

Prices of building materials increased by 16% in the first quarter compared to the previous year

Evening Standard · May 27, 2022

Why Red Robin Gourmet Burgers Shares Are Surging Today

Red Robin Gourmet Burgers Inc (NASDAQ:RRGB) reported first-quarter FY22 revenue growth of 21.2% year-over-year to $395.60 million, beating the consensus of $381.18 million. Restaurant sales rose 19.4% Y/Y, and comparable restaurant revenue increased 19.7%. Restaurant-level operating profit margin decreased by 170 basis points to 14%, driven primarily by commodity and labor cost inflation,…

Benzinga · May 27, 2022

Northern Ireland financial services firm FinTru tackles inflation with 5% standalone salary hike

All employees - apart from senior executives - will get the increase after what the firm described an "exceptional" performance

Birmingham Post · May 27, 2022

Johnson admits ‘big bazooka’ £15bn cost of living measures won’t ‘fix everything for everybody’ – as it happened

PM warns that UK faces difficult period, but can avoid recession, as Resolution says wealthy pensioners are biggest winners from £15bn cost of living package

The Guardian - UK · May 27, 2022

Rishi Sunak warned £15bn support package may not be enough

Economists fear the Chancellor may have to dish out billions more next spring, risking pushing inflation higher

Evening Standard · May 27, 2022

Chancellor says emergency cost-of-living package will have 'minimal' impact on inflation

He claims the impact on inflation will be 'much less' than 1%

Manchester Evening News · May 27, 2022

Rishi Sunak insists £15bn cost-of-living package will have ‘minimal’ impact on inflation

Chancellor denies package is un-Conservative, after thinktank describes it as ‘something Gordon Brown could be proud of’

The Independent UK · May 27, 2022

Asian shares' rise broadly cheered by US earnings, rally

Asian shares are gaining as investors cheered a strong set of earnings from retailers that sent U.S. shares higher

The Independent UK · May 27, 2022

Rampant inflation breaks the status quo – no wonder the government is spooked

The return of soaring prices could lead a fragile, divided country into uncharted territory, says Guardian columnist Andy Beckett

The Guardian - UK · May 27, 2022

DWP State Pension rates set for increase of £1,000 to help with rising cost of living

It has been confirmed that next year payments could rise by as much as £1,000 to match soaring levels of inflation

Liverpool Echo · May 27, 2022