The Latest Breaking News from Inflation

Average fixed homeowner mortgage rates edge up following dip

The mortgage market remains volatile, according to Moneyfactscompare.co.uk, which released the figures.

The Independent UK · Jul 21, 2023

India’s ban on rice exports raises fear of global food price rises

Attempt to curb domestic inflation behind country’s decision on non-basmati white rice

The Guardian - UK · Jul 21, 2023

London Underground strikes called off; UK government borrowing falls – as it happened

Planned tube strikes next week called off after talks breakthrough; government borrows £18.5bn in June, third-highest June borrowing on record

The Guardian - UK · Jul 21, 2023

Reserve Bank might be using sledgehammer to crack a nut

Prominent economists say a broad range of economic policies are needed to tackle inflation with RBA rate hikes ineffective against key sources of inflation.

AAP · Jul 20, 2023

Unconvinced by the Bank of England on inflation’s causes and solutions

Letters: Michael McLoughlin and Alan Whitehouse on recent attempts at control from the chancellor and the Bank of England governor

The Guardian - UK · Jul 20, 2023

Floridians to DeSantis: Come home and fix housing crisis, other woes

TALLAHASSEE — While Gov. Ron DeSantis barnstorms the country campaigning for president, a growing chorus of Floridians are urging him to come home to deal with the state’s soaring housing costs and other problems.

Orlando Sentinel · Jul 20, 2023

Grade inflation at English universities falls for first time in a decade

Some 32.8% of students were awarded a first class degree in 2021/22, a drop of 4.6% on the year before.

The Independent UK · Jul 20, 2023

‘It’s for the future’: NHS doctors in Manchester striking for pay that ‘keeps workforce’

Consultants say they are taking action because below-inflation pay rises are damaging retention

The Guardian - UK · Jul 20, 2023

Inflation may be cooling, but the housing market is still too hot for many buyers

The median home price has risen to $413,800 – the second-highest price ever — thanks to a shortage of homes on the market and high mortgage rates. Experts say renting may be a better option.

WEKU · Jul 20, 2023

Bank of England risks recession with interest rate rises, Mervyn King says

Warning from ex-governor adds to concerns about economy with Bank tipped to raise rate above 5%

The Guardian - UK · Jul 20, 2023