Martin Lewis says banks are 'profiteering' after being bailed out in 2007 It comes as interest rates hiked to 5 percent last week Manchester Evening News · Jun 26, 2023
Sainsbury's changing prices on essentials from Tuesday The move will include rice and pasta Wales Online · Jun 26, 2023
Primark owner upgrades profit outlook as shoppers seek holiday outfits Associated British Foods says group sales rose by 16% with steeper prices helping to drive Primark’s growth The Guardian - UK · Jun 26, 2023
UK fixed mortgage rates rise to seven-month highs – as it happened Rolling coverage of the latest economic and financial news The Guardian - UK · Jun 26, 2023
What is inflation and why does it matter? Peter McGahan, chief executive of Cornwall-based Worldwide Financial Planning explains why inflation matters Birmingham Post · Jun 26, 2023
Rishi Sunak willing to ignore recommended public sector pay rises, says minister Sunak says he is willing to be unpopular, as Treasury minister John Glen says government has to consider inflation before accepting coming year’s awards The Independent UK · Jun 25, 2023
Governments advised to cut public spending or raise taxes to curb inflation Bank of International Settlements warns that economies, such as in the UK, need policies to cool price growth The Guardian - UK · Jun 25, 2023
Rishi Sunak warns there's 'no alternative' to tackling inflation as he defends interest rates hike One opposition leader labelled his comments 'patronising' Manchester Evening News · Jun 25, 2023
Bank of England boss must go if he doesn’t change course, says senior Tory ‘Maybe it’s time to look for someone else who’s got a better plan’, says Jake Berry The Independent UK · Jun 25, 2023
UK government willing to ignore public sector pay review bodies, minister says Chief secretary to the Treasury confirms some recommended rises could be blocked despite prospect of strikes The Guardian - UK · Jun 25, 2023
Backlash as 'out-of-touch' Rishi Sunak tells struggling families UK must 'hold our nerve' The Prime Minister claimed there was 'no alternative' but to hike interest rates in order to tackle inflation, but he was branded 'out-of-touch' and 'not up to the job' after an awkward TV interview Daily Mirror · Jun 25, 2023
Sunak warns ‘no alternative’ to curbing inflation as he defends rates hike The Prime Minister urged homeowners to ‘hold our nerve’ as mortgage rates soar once again. The Independent UK · Jun 25, 2023
Pay rises for fat cat bosses blamed for inflation amid 'scapegoating' of workers fury The salaries of the top 10% has outstripped the rest of the workforce - but the Bank of England has sparked anger by appearing to blame wage demands from low and mid earners and the Government may overrule public service pay bodies Daily Mirror · Jun 25, 2023
Britain is broken in every direction and we all know who to blame The Conservatives have overseen a remarkable period of stagnation and created a country in which nothing works, writes Liam Thorp Liverpool Echo · Jun 25, 2023
The Guardian - UK · Jun 25, 2023 It’s Brexit that cranks up inflation. Don’t just blame the Bank Policymakers are too quick to slow the economy and risk recession when the solution is to rejoin the EU
Daily Mirror · Jun 25, 2023 Mortgage experts explain everything you NEED to know about the mortgage crisis Consumer rights expert Martyn James is joined by TV mortgage and property experts Jane King and Jonathan Rolande to answer all the questions you may have about the current "mortgage crisis"
The Guardian - UK · Jun 25, 2023 Union fury as figures show pay rises among top earners driving inflation The best paid have had the highest wage hikes, but the majority of the workforce has seen salary growth fall, according to ONS data
The Guardian - UK · Jun 24, 2023 Mortgage rise impact ‘will dwarf energy bills crisis’ for UK homeowners Tories warned about threat to middle earners as Labour increases lead among mortgage holders and Lib Dems target blue wall areas
The Independent UK · Jun 24, 2023 Labour does not rule out blocking public sector pay rises Rishi Sunak has expressed concern that unaffordable pay increases could trigger a ‘wage-price spiral’ amid stubbornly high inflation.
The Guardian - UK · Jun 24, 2023 From Brexit to Beyoncé: why UK inflation is still so painfully high The cost of living is falling in Europe and the US but is still rising in Britain. We look at the major culprits
Daily Record · Jun 24, 2023 New calls for State Pension Triple Lock review as sticky inflation could mean another bumper pay rise Non-moving inflation could see annual State Pension payments increase to £11,448 next year.
Bangkok Post · Jun 23, 2023 Headwinds in the third quarter In the third quarter, we believe the global economy will face three risk factors: economic slowdown, with inflation and interest rates remaining high; risks from tighter financial liquidity; and slower economic growth in China and emerging markets.
Bangkok Post · Jun 23, 2023 Rough week for equities as central banks talk tough RECAP: Asian stocks slumped in line with global equity markets, which have seen their worst week this year, as a string of hawkish central bank surprises made investors nervous about the economic cost of taming inflation.
The New Daily · Jun 23, 2023 Michael Pascoe: The Greens’ HAFF-witted bid to make a complete farce of housing policy The Greens have forced the Albanese Government to immediately spend an extra $2 billion at the very sharpest end of the housing crisis.
The Independent UK · Jun 23, 2023 Voices: Inside the UK mortgage crisis and how interest rate rises will affect you As Rishi Sunak and Jeremy Hunt rule out direct financial help for borrowers, here’s what the interest rate leap means for you.