The Latest Breaking News from Inflation

Minister urges workers to consider recession risk when asking for pay rise

A SCOTTISH minister has urged workers to consider the risk of a recession when asking for pay rises.

The National (Scotland) · May 22, 2022

Emergency DWP cash boost of £700 proposed from end of June for people on Universal Credit

Three options are being discussed, the other two being increasing work allowances back to their 2015 levels or bringing back a £20 a week uplift

Liverpool Echo · May 22, 2022

Consumers defy inflation to support economy. For how long?

With prices across the economy soaring at their fastest pace in decades, you might think Americans would tap the brakes on spending

The Independent UK · May 22, 2022

Petrol, diesel to be cheaper from today in Gujarat

AHMEDABAD: Providing relief to consumers and industry reeling under high fuel prices and inflation which is at a multi-year high, prices of petrol and diesel will reduce a bit from Sunday.

The Times of India · May 21, 2022

Gap between inflation rates for richest and poorest households at its widest in 16 years

With the poorest disproportionately hit by the cost of living crisis, senior Tories are demanding emergency action from Treasury

The Guardian - UK · May 21, 2022

French debt levels back in focus as government gets to work

France’s new government reaffirmed the country’s pledge to lower debt after the COVID-19 pandemic forced President Emmanuel Macron to carry out an unprecedented spending splurge to prevent the economy from crashing.

Tribune News Service · May 21, 2022

Cost of living gap between rich and poor is highest on record – report

Experts say that low-income families are 'at the sharp end of the squeeze'

Wales Online · May 21, 2022

Boris Johnson believes help for families would 'shovel cash to appease bleeding hearts'

Boris Johnson is reportedly resisting the idea of spending a windfall tax on energy firms on giving immediate help to families with the cost of living crisis, because it would be "here today and gone tomorrow"

Daily Mirror · May 21, 2022

More children to be pushed into poverty in city-region without government intervention, study says

The research comes as the cost of living crisis continues to hit families across the region.

Manchester Evening News · May 21, 2022

Off Target?

There was reason for optimism earlier in the week as the S&P 500 (SPY) advanced nicely after skirting bear market territory. But then on Tuesday WalMart had shockingly poor earnings which was easily ignored. Unfortunately the next day Target reported even worse results and the investment world took notice with…

StockNews.com · May 21, 2022