The Latest Breaking News from Inflation

Marks Spencer has revealed that disruption from a “highly sophisticated” cyber attack last month is expected to continue through to July.

Annual rise last month driven by higher payments for gas, electricity, water and transport in ‘awful April’

Most economists expect the Office for National Statistics to reveal inflation surged to 3.3% last month, up from 2.6% in March.

As businesses review hiring plans and consumers consider spending decisions, the Reserve Bank remains cautious

Almost all retirees report they are worried about inflation lessening the value of their assets, according to a new survey.

Stubborn inflation, mounting sovereign debt, and wary investor sentiment are pushing 30‑year government bond yields sharply higher across the U.S., Japan, Germany, the U.K., Canada and the eurozone, heralding a new era of elevated borrowing costs and heightened recession risk worldwide.

Huw Pill says rate cuts could fuel inflation resurgence and urges colleagues to be cautious before making further cuts

Huw Pill said the pace of interest rate reductions since August last year has been ‘too rapid’ given the balance of risks to UK inflation.

Huw Pill said cuts in the Bank of England’s base rate have been ‘too rapid’