The Latest Breaking News from Inflation

Inflation jumps to 3.5% deepening cost of living crisis for millions of Londoners

Worse-than-expected rise driven by ‘awful April’ bills hike takes inflation to highest level since January 2024

Evening Standard · May 21, 2025

FTSE 100 Live 21 May: M&S braced for £300m cyber attack hit, inflation surges

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

Evening Standard · May 21, 2025

UK inflation jumps higher than expected to 3.5% amid bills increase

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

The Guardian - UK · May 21, 2025

Awful April bill hikes set to send inflation soaring

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

Evening Standard · May 20, 2025

The RBA has just cut its cash rate but the question already on borrowers’ lips is: when can we expect another one?

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

The Guardian - AU · May 20, 2025

Inflation remains the top worry for retirees, with 92% fearing their assets are being eaten away

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

Fortune · May 20, 2025

30-Year Bond Yields Around the World Surge to Critical Warning Levels: The Highest Since 2007

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.

Barchart · May 20, 2025

Pace of UK interest rate cuts is too rapid, Bank of England chief economist says

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

The Guardian - UK · May 20, 2025

UK interest rate cuts have been ‘too rapid’, Bank’s chief economist warns

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.

Evening Standard · May 20, 2025

Interest rates falling ‘too fast’ sparking inflation worry, Bank of England’s chief economist warns

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

The Independent UK · May 20, 2025