The Latest Breaking News from Inflation

Why today's inflation announcement is bad news for millions of homeowners

"The fear is that the situation could deteriorate from here"

Manchester Evening News · Jun 21, 2023

Why is inflation still so high and what does it mean for me?

The cost of living crisis continues to bite

Liverpool Echo · Jun 21, 2023

Mortgage mayhem sees lenders pull almost 150 more deals, but worst may still be to come

More lenders may withdraw their deals by the end of the day

Evening Standard · Jun 21, 2023

What inflation is, why it's still high and what it means for you

It had been expected that the rate would fall again, but it stayed the same

Wales Online · Jun 21, 2023

Sunak defends inflation plan as Starmer labels him out of touch over mortgages

Labour leader accuses PM of failing to act on warnings about home loan repayments hit by ‘Tory penalty’

The Guardian - UK · Jun 21, 2023

Inflation hitting Scots hard as cost of food and fuel remain 'eye-wateringly high'

Experts warned Scots face "a miserable summer" of high inflation and higher interest rates.

Daily Record · Jun 21, 2023

Why is inflation still high and what does it mean for me?

The rate of inflation stayed flat at 8.7% in May, despite hopes from economists that it would fall and provide some relief for households.

The Independent UK · Jun 21, 2023

Londoners and under-40s hardest hit by Britain’s mortgage rate mayhem (and don’t forget renters)

Inflation refuses to budge as under-40s, renters and London homeowners feel the pain

Evening Standard · Jun 21, 2023

OPINION - The Standard View: Londoners feel the squeeze as inflation refuses to budge

In a sea of economic data that always seems to disappoint, today’s inflation figures may plumb new depths. The Consumer Prices Index (CPI) rose by 8.7 per cent in the 12 months to May 2023. In other words, despite all the pain of higher interest rates, inflation remains unchanged.

Evening Standard · Jun 21, 2023

Interest rate hikes could see 1.4million Brits lose 20% of disposable income

The Bank of England is expected to raise the base rate - which influences interest rates lenders charge for mortgages, loans and other types of credit - again tomorrow in an effort to curb inflation

Daily Mirror · Jun 21, 2023