Primark issues warning over price of its clothes The retailer has warned shoppers to expect 'selective price increases' Wales Online · Apr 26, 2022
DWP to move 2.6million Brits to Universal Credit - full list of winners and losers We've put together an explainer guide to the managed migration of 2.6million Brits from legacy benefits to Universal Credit. Here's everything you need to know Daily Mirror · Apr 26, 2022
Up to 900,000 DWP benefits claimants to have payments frozen as part of Universal Credit move As many as 900,000 households across the UK will be left worse off financially as part of the UK Government's plan to move legacy benefit claimants over to Universal Credit Edinburgh Live · Apr 26, 2022
Primark owner warns of autumn price rises as costs increase Associated British Foods says its brands, including Twinings and Ryvita, also feel the inflationary heat The Guardian - UK · Apr 26, 2022
IMF Warns Asia Faces ‘Stagflationary’ Economic Outlook The Asian region faces a "stagflationary" outlook, a senior International Monetary Fund (IMF) official warned on Tuesday, citing the Ukraine war, spike in commodity costs and a slowdown in China as creating significant uncertainty. While Asia's trade and financial exposures to Russia and Ukraine are limited, the region's economies will… Asharq Al-Awsat · Apr 26, 2022
Krispy Kreme Dublin is selling super cheap doughnuts but you need a secret code All you need to do is visit a Krispy Kreme outlet and say the magic words Dublin Live · Apr 26, 2022
New petition calls for DWP benefits to increase in line with current rate of inflation The petition highlights a looming ‘poverty emergency’ for the UK. Daily Record · Apr 26, 2022
Primark to hike prices on clothes as business costs rise The fashion chain has warned it will make "selective" increases as pressures from inflation start to bite Birmingham Post · Apr 26, 2022
Back to the 70s: Primark to put prices up as boss warns on inflation spiral FRESH fears about how bad inflation could get were stoked today when Primark boss George Weston warned we are “back in the 1970s” and an influential data group said food prices are rising at the fastest for 11 years. Evening Standard · Apr 26, 2022
Tesco unveils huge Clubcard shake-up affecting anyone with points or vouchers The supermarket giant, famed for its Clubcard promotions, will no longer send out paper statements or vouchers to selected customers under a shake-up to be unveiled in the coming months Daily Mirror · Apr 26, 2022
Lori Borgman: Living in the days of less is more The vocabulary intended to soften the blows of blistering inflation is a testimony to creativity. Economists keep talking about consumers experiencing shrinkflation. They don't mean consumers are shrinking (although you do look amazingly trim); they mean the products we buy are shrinking, but the prices are not. Tribune News Service · Apr 26, 2022
Government borrowing overshoots forecasts in March as interest payments jump by 50% Government borrowing more than halved last year as Covid-19 support schemes and health investments wound down, but interest payments on the UK’s debt pile are rising fast. Evening Standard · Apr 26, 2022
Asian shares advance on back of rally on Wall Street Asian shares are mostly higher after U.S. stocks stormed back from sharp losses to log strong gains The Independent UK · Apr 26, 2022
NZ opposition leader popular but battling New Zealand's alternative prime minister Chris Luxon has battled his way through a series of interviews on tax policy, Maori health and diversity in his party. AAP · Apr 26, 2022
Reuters · Apr 26, 2022 India's foreign minister says ready to step up on global issues India is prepared to take a much bigger role in global affairs and would help the world with more supplies of wheat to tame food inflation if WTO rules allow, Foreign Minister Subrahmanyam Jaishankar said on Tuesday.
Al Jazeera · Apr 26, 2022 Asia facing ‘stagflationary’ risks, IMF official warns Senior official points to Ukraine war, soaring commodity prices and China’s economic slowdown as risks to the region.
The Conversation · Apr 26, 2022 There are 4 economic wildcards between now and election day. The first gets played this week There are four economic wildcards between now and the election, and we know exactly when each will be played.
Liverpool Echo · Apr 26, 2022 Universal Credit: 12 ways claimants can get more cash Campaigners warn those on benefits face a real-term cut to their income
The Philadelphia Inquirer · Apr 26, 2022 4 takeaways from Monday night’s Pennsylvania Democratic Senate debate PHILADELPHIA — They don’t want to “defund the police,” but they do want to end the Senate filibuster.
Reuters · Apr 26, 2022 IMF urges Sri Lanka to tighten monetary policy, raise tax to address debt woes Sri Lanka must tighten monetary policy, raise tax and adopt flexible exchange rates to address its debt crisis, a senior International Monetary Fund (IMF) official said on Tuesday.
Al Jazeera · Apr 25, 2022 ‘Hurting the vulnerable’: Indonesia’s palm oil ban ignites prices Ban on palm oil exports adds to global food security fears amid poor harvests and the war in Ukraine.
Tribune News Service · Apr 25, 2022 There's a lot of talk about recession. What should you believe? In spring two years ago, the coronavirus pandemic threw the U.S. economy into recession. Last spring, the proliferation of vaccines swung it into a rapid expansion.
Daily Mirror · Apr 25, 2022 Boris Johnson orders Cabinet to ease cost-of-living crisis - weeks after his tax hike It comes only a month after the Spring Statement was slammed for failing to do enough for struggling families paying the biggest energy bills rise on record
Chronicle Live · Apr 25, 2022 DWP to hammer up to 900,000 people with benefit freeze as they move to Universal Credit Up to 900,000 of the 2.6m ‘legacy’ households will be worse off long-term under UC, the Department for Work and Pensions (DWP) has admitted
Bangkok Post · Apr 25, 2022 Global growth engines sputtering The International Monetary Fund's revised World Economic Outlook (WEO) is sobering. It is rare for the organisation to revise down sharply its projections for economic growth just one quarter into the calendar year. Yet in this case, it has done so for 86% of its 190 member countries, resulting in…