The Latest Breaking News from Inflation

When is the UK’s next inflation report and what is it likely to recommend?

The data has been described as a ‘glimmer of light’ for the Bank of England

Evening Standard · Jul 11, 2023

Unemployment in Scotland rises despite businesses struggling to recruit staff

Neil Gray welcomed the low level of unemployment but warned only "an urgent reassessment" of UK immigration policy could solve the recruitment crisis.

Daily Record · Jul 11, 2023

Republicans take aim at climate funds in spending bills - Roll Call

Inflation Reduction Act funds are pouring into Biden administration programs to address climate change as GOP lawmakers act to stem the tide.

Roll Call · Jul 11, 2023

Retirees, Don’t Let Inflation Cut into Your Summer Plans

If you’re on a fixed income, pricier travel means compromises, but you can still do fun stuff while saving. Think National Parks passes and senior discounts.

Kiplinger · Jul 11, 2023

Stocks Muted Before the Open as Investors Weigh Fed Comments, U.S. CPI Looms

September S&P 500 futures (ESU23) are down -0.04%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.07% this morning after three major U.S. benchmark indices ended the regular session higher as investors digested remarks from several Federal Reserve officials while awaiting the release of Wednesday’s consumer price index data…

Barchart · Jul 11, 2023

Wage restraint fantasy borders on the comical

City Comment: ‘No one wants to see unemployment higher’, claims Andrew Bailey, while giving every indication that’s exactly what he wants.

Evening Standard · Jul 11, 2023

UK wages are rising at a record pace. That makes higher interest rates more likely

Wages in the U.K. are rising at a record high rate amid stubbornly high inflation

The Independent UK · Jul 11, 2023

DWP £899 cost of living payments and who is eligible to claim cash boosts

High inflation rates have led to the Government introducing cost of living payments for people on benefits such as Universal Credit

Chronicle Live · Jul 11, 2023

Stock market today: Asian shares rise ahead of a US inflation update on hopes for easing rate hikes

Asian stock markets followed Wall Street higher Tuesday ahead of an update on U.S. consumer prices that traders hope will show inflation is easing, reducing the need for more interest rate hikes

The Independent UK · Jul 11, 2023

Rising mortgage rates will cause ‘financial stress’, MPs hear, as two-year fixed rates hit 15-year high – as it happened

Treasury Committee quiz lenders about mortgage rates, as two-year fixed mortgage rate rises to 6.66%, highest since 2008

The Guardian - UK · Jul 11, 2023