The Latest Breaking News from Inflation

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 · Nov 21, 2023

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 · Nov 21, 2023

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 · Nov 21, 2023

Javier Milei Elected Argentina’s New President

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

Zenger · Nov 21, 2023

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 · Nov 21, 2023

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.

Radio France Internationale · Nov 21, 2023

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.

The Independent UK · Nov 21, 2023

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…

Evening Standard · Nov 21, 2023

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.

The Conversation · Nov 21, 2023

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.

The Independent UK · Nov 21, 2023