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The Latest Breaking News from Inflation

What to expect in the autumn statement 2023

From Whitehall to welfare and pay to pensions, here is what Jeremy Hunt is likely to announce

The Guardian - UK

December dates for benefits, pensions and cost of living payments

Many households still struggling and facing costly winter, even as inflation begins to ease

The Independent UK

November dates for benefits, pensions and cost of living payments

Inflation very gradually easing but many households still struggling

The Independent UK

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read the most diverse news in one place.

What time is the Autumn Statement and what will Jeremy Hunt unveil?

Jeremy Hunt is set to deliver the Autumn Statement on Wednesday

The Independent UK

Autumn Statement: What time is it and what will Jeremy Hunt unveil?

Jeremy Hunt is set to deliver the Autumn Statement on Wednesday

The Independent UK

Autumn statement: Jeremy Hunt looks to cut UK taxes and ‘turbo-charge growth’

Amid less gloomy OBR forecasts the chancellor is expected to take first steps towards cutting personal taxes

The Guardian - UK

Stocks End Lower on Disappointing Earnings and Weak Economic News

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.20%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.58%. Stocks on Tuesday posted moderate losses as some disappointing...

Barchart

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After the dollar-loving Milei wins the presidency, Argentines anxiously watch the exchange rate

The exchange rate is top of mind for millions of Argentines coping with triple-digit inflation

The Independent UK

With inflation cooling and AI hitting its stride, stocks are on the cusp of a record-setting ‘roaring 2020s,’ Ed Yardeni says

A 4,600 price target for the S&P 500 might have been “too conservative,” the veteran market watcher says.

Fortune

Call to curtail 'supernormal profits' in energy network

The regulator has rejected an accusation that electricity networks are generating "supernormal profits" off the use of poles and wires and stoking inflation.

AAP

Five tax measures Jeremy Hunt should prioritise

City Voices: The government should be doing everything it can to incentivise business investment

Evening Standard

Brexit has ‘chilled’ business investment, says Bank of England deputy governor

Dave Ramsden tells MPs referendum fallout also contributed to lower speed limit for growth of UK economy

The Guardian - UK

Javier Milei Elected Argentina’s New President

Milei's Win Comes As The Country Is Facing The Highest Inflation Rate In History.

Zenger

Australian electricity networks raked in $2bn in ‘superprofits’ from customers, thinktank says

The takings amounted to between $80 and $400 for each customer, including $2bn in the 2022 fiscal year alone

The Guardian - AU

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Radio France Internationale

French charity forced to cut number of beneficiaries as winter food drive begins

French charity Restos du Coeur on Tuesday launched its 39th food distribution campaign. The organisation says it has been forced to reduce the number of its beneficiaries due to financial difficulties caused by inflation.

The Independent UK

Backbench splits complicate Chancellor’s job as he considers tax cuts

Jeremy Hunt must balance fiscal responsibility, inflation and the need for investment with demands for a range of tax cuts from Tory MPs.

Evening Standard

OPINION - The Standard View: Jeremy Hunt is walking a tightrope on tax cuts

Having met his pledge to halve inflation by the end of the year — albeit thanks to the Bank of England — Rishi Sunak has confirmed that tax cuts will be in tomorrow’s Autumn Statement. Much of the focus is likely to fall on business taxation in the face of…

The Conversation

Why further RBA interest rate hikes are less likely now than even 1 week ago

Since Australia’s Reserve Bank hiked interest rates two weeks ago, there have been two important developments – one in the United States and the other in the United Kingdom.

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The Independent UK

What borrowing figures mean for Rishi Sunak’s five priorities

The Prime Minister has achieved one of his five priorities for the year, but the others remain in doubt.

Al Jazeera

Nigerian workers’ wages diminish as inflation rises and gov’t revenue dips

Nigerian public sector workers may earn slightly more than they did years ago, but can afford fewer things than before.

The Independent UK

Economy has ‘turned a corner’, says Trott as Hunt mulls tax cuts

The Chancellor will deliver his autumn statement on Wednesday.

The Guardian - UK

UK borrows less than expected this year as Hunt lines up giveaways

Chancellor says bringing down inflation remains one of his main aims as he prepares autumn statement

The Independent UK

November dates for benefits, pensions and cost of living payments

Inflation very gradually easing but many households still struggling

Evening Standard

Benefits claimants told 'it's your duty to work if you can' as Jeremy Hunt prepares to unveil Autumn Statement

Welfare reforms will include more support to help people find work and a tougher sanctions regime for the work-shy

The Guardian - UK

Bank of England warns markets are underestimating inflation risks – as it happened

Andrew Bailey fears markets are downplaying risks of persistent inflation, as new figures show UK borrowing so far this year is £16.9bn less than expected

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