The Latest Breaking News from Inflation

Around 5 million households have seen their mortgage interest rate change since the Bank of England base rate started to rise in late 2021. Over the course of the 2023 alone, the base rate increased from 3.5% to 5.25%, surpassing economists’ expectations and pushing mortgage rates to the highest levels…

Wednesday’s report, called the Jobs Openings and Labor Turnover Summary, reinforced other recent evidence that while the job market is slowing from its robust heights, it remains solid.

RISHI Sunak is failing to deliver on most of the five key pledges he made a year ago which he said his government should be judged on, a report says.

Albanese government would need to couple any increases in unemployment benefits and pensions with savings, experts say

The $44 billion loan program agreement is aimed at providing financial assistance to Argentina to stabilize the country's economy and address its economic challenges such as inflation, fiscal deficits, and debt repayment.

Yemen's Houthi rebels continue attacks on merchant ships in the Red Sea, raising concerns of disruption to global trade and potential economic repercussions.

The home improvement industry's outlook looks bright, driven by factors such as falling mortgage rates, easing inflation, a rise in DIY projects, increasing disposable income, and a growing interest amongst homeowners to undertake renovation projects. Thus, it could be wise to buy home improvement stocks La-Z-Boy (LZB), Hooker Furnishings (HOFT),…

The introduction of new border checks on EU goods in April entering the UK could lead to further spikes in UK grocery inflation.

Signs suggest inflation and interest rates may fall considerably without killing growth or employment. The government will be desperately hoping so

The Israel-Hamas war could broaden, and many developing countries are on a path to crisis

Five million more UK households could feel the effects of recent interest rate increases in coming years. Roughly the same number have already been forced to remortgage since the recent spate of rate rises began in 2021, according to the Bank of England’s latest Financial Stability Report. These borrowers have…