The Latest Breaking News from Inflation

Why Bitcoin- And Ethereum-Related Stocks Are Diving

Shares of crypto-related stocks, including Bitfarms Ltd (NASDAQ: BITF), Coinbase Global Inc (NASDAQ: COIN) and Riot Blockchain Inc (NASDAQ:

Benzinga · May 9, 2022

We’re facing a financial circle of doom as pound falls and inflation rises

Sterling’s recent tumble is just the latest in a saga of painful episodes for successive UK governments. During the post-war era of “fixed but adjustable” exchange rates, British politicians were regularly faced with the terrifying risk of a currency devaluation. Poor underlying competitiveness left successive administrations facing severe trade deficits.…

Evening Standard · May 9, 2022

Rishi Sunak urged to announce emergency budget as living costs spiral

British Chambers of Commerce salls for VAT cut and reversal of National Insurance hike

The Independent UK · May 9, 2022

Inflation and worker shortage fuel push on immigration bills - Roll Call

Lawmakers are pointing to high inflation and critical labor shortages in a push for the Senate to take action soon on immigration bills.

Roll Call · May 9, 2022

Asian Stocks Stumble on Global Anxieties over Inflation

Asian stocks fell Monday as investors remained anxious over inflation and the ongoing impact of China's Covid lockdown policies, despite an initial Wall Street bounce thanks to a solid US jobs report. Global markets have taken a beating over a series of crises including surging inflation, rising interest rates, China's…

Asharq Al-Awsat · May 9, 2022

Ex-Bank of England chief economist Andy Haldane warns inflation here ‘for years’ as business calls for emergency budget

The British Chamber of Commerce want an immediate VAT cut and a reversal of recent National Insurance rises in an emergency snap budget

Evening Standard · May 9, 2022

Stocks, oil and bitcoin hit by recession worries – as it happened

Worries over global growth hit stocks and metals prices, and the pound falls again

The Guardian - UK · May 9, 2022

Asian shares mostly fall as rate hikes, China slowdown loom

Shares are lower in most Asian markets as interest rate hikes and a slowing Chinese economy weigh on investor sentiment

The Independent UK · May 9, 2022

West Midlands firms hit by soaring bills and cost of living crisis - report

Latest NatWest PMI data found business activity in the region ground to a halt in April as rising costs hampered demand

Birmingham Post · May 9, 2022

Price rises at record level as businesses look to offset soaring costs

Soaring costs are a key challenge for businesses, a growing number of which are resorting to hiking their own prices to protect profit margins.

Birmingham Post · May 9, 2022