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The Latest Breaking News from Inflation

UK inflation will fall rapidly, says ex-Bank of England economist

‘Pretty much nailed on’ that the rate will halve in next six months, according to Andy Haldane

The Guardian - UK

Food for thought: why isn’t the UK government focusing on soaring grocery prices?

Ministers should aim to support households and bolster Britain’s often overlooked supply chain

The Guardian - UK

Britain has an obesity crisis. We won’t solve it until we start listening to ‘nanny’

In failing to regulate the food sector, successive governments have allowed industry giants to flood the market with products that make us ill

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Inflation data to set the scene for next cash rate call

There will be a lot riding on the quarterly inflation figures as the Reserve Bank board tries to determine if it's done enough to rein in rising prices.

AAP

Labour calls for cut to business rate and subsidised energy bills amid cost of living crisis

Labour is calling on ministers to cut business rates for small retailers and subsidise energy bills for food manufacturers in a bid to bring down the cost of everyday items on shop shelves.

Evening Standard

Labour calls for rates cut and energy subsidies to ease food price rises

The party said food prices overall were growing 50% faster in Britain than elsewhere in the G7.

The Independent UK

These 3 Retail Stocks Are Declining in April

From supply chain issues to changing consumer behavior, retail stocks are feeling the impact of the current economic climate. Retail companies SIGNA Sports United (SSU), Conn's, Inc. (CONN), and Digital Brands Group (DBGI)) are experiencing a decline in April that could signal a rough road ahead of them. Read more….

StockNews.com

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Ford’s F-150 leaves tough choices for buyers seeking EV tax credits

Americans love a Ford pickup truck; it’s one of the few constants of the car business. So it was a huge win on Tuesday when Ford’s F-150 Lightning became one of just 10 vehicles to qualify for the full $7,500 in tax breaks laid out by the US Inflation Reduction…

Tribune News Service

Argentina's President Fernández won't seek reelection

Argentina’s President Alberto Fernández announced Friday he won’t seek reelection for a second term this year, a decision that follows months of infighting among the ruling coalition as it grapples with a fragile economy and galloping inflation

The Independent UK

3 Stocks Flashing Sell Signals

Amid fears of an impending recession, consumer spending could take the backseat putting further pressure on consumer-facing stocks. Amid this backdrop, it could be wise for investors to avoid fundamentally weak stocks Roku (ROKU), Vinco Ventures (BBIG), and AquaBounty Technologies (AQB) this month. These stocks are F (Strong Sell) rated…

StockNews.com

New calls to raise Local Housing Allowance in-line with inflation to help private tenants with cost of living

A new petition proposes increasing rates by 10.1% to help offset rising rent costs in the private housing sector.

Daily Record

Midlands insolvencies up a third on last year due to inflation, energy bills and interest rate rises

However corporates in general have fared much better than the doom and gloom predicted in 2022

Birmingham Post

Don’t Hold On: 3 Stocks With Disappointing Sentiment to Sell in April

The Fed’s monetary tightening to bring inflation down to its target level is raising the odds of a recession this year. So, it could be best to avoid fundamentally weak stocks Desktop Metal (DM), Customers Bancorp (CUBI), and Conn’s (CONN) with disappointing analysts’ sentiment. Read on.

StockNews.com

NT government announces an extra $20 million for domestic and family violence prevention

Advocates say the extra funding is a start but not enough to keep up with the level of need — or inflation, with one researcher describing the situation as "not sustainable".

ABC News

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The Independent UK

Wet weather blamed as retail sales slump

The Office for National Statistics said that retail sales volumes declined by 0.9% last month.

Birmingham Post

Northern Ireland economy to contract this year before returning to growth in 2024 - Danske Bank

The bank has pared its expectation for contraction to 0.3% this year from 1% previously

The Guardian - UK

‘Deeply sorry’ CBI suspends policy and membership activity until June after firms quit following second rape allegation – as it happened

John Lewis, BMW, NatWest, Unilever, Aviva, Virgin Media 02 and GSK also distance from lobby group after Guardian reports into alleged misconduct

The Guardian - UK

Friday briefing: Food prices continue to surge – how will the UK and the rest of the world respond?

In today’s newsletter: The cost of eating continues to surge, and everywhere from Nigeria to China is in search of an answer

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news in one place.

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The Guardian - UK

UK forecourt owners accused of charging more for diesel than necessary

Campaigners claim lower wholesale prices not being passed on, adding to soaring inflation as many businesses rely on diesel

The Guardian - UK

How can the UK tackle double-digit inflation?

The Bank of England has so far failed to return the annual rate to its 2% target – so what are the options?

Birmingham Post

Business confidence returning in North East despite bruising period, surveys suggest

Quarterly economic report suggests firms are preparing to create jobs

Reason

The Biden Administration Reduced the Debt-to-GDP Ratio in the Worst Possible Way

The main driver behind the reduction is inflation—inflation that politicians created with their irresponsible spending.

StockNews.com

Top 3 Stocks to Sell in April With Weak Fundamentals

The biopharmaceutical industry has been grappling with various challenges, including inflation, the Fed’s hawkish stance, and new regulatory concerns. Hence, it could be wise to avoid Syndax Pharmaceuticals (SNDX), Senseonics Holdings (SENS), and Sio Gene Therapies (SIOX) due to their bleak fundamentals. Keep reading….

AAP

Reserve Bank to keep close eye on jobs and inflation

The Albanese government will enact the recommendations of a review of the Reserve Bank, to ensure it focuses on full employment and inflation.

Reason

Inflation Means We're Spending More Money on Less Highway

A new report from Reason Foundation shows that in 2020, highway quality improved while spending stayed flat. Inflation is now wrecking that progress.

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People

Cristina Fernández de Kirchner

45 stories

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Office for National Statistics

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Unite

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International Monetary Fund

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