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The Latest Breaking News from Inflation

UK government spending: where the cuts will fall

With health and education protected, other departments will struggle to cope with rising costs

The Guardian - UK

The market is watching the Fed like a hawk to see when it pivots. Too bad the Fed is split on what to do

Fed official James Bullard says interest rates have to go even higher to bring down inflation, while others disagree.

Fortune

Homeowners given the 'cold shoulder' in Autumn Budget with 'no help' for mortgage holders

Experts feel the property market has been 'ignored' in the Chancellor's statement despite the mortgage turmoil that has occurred since the mini budget

Manchester Evening News

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2 Stocks You Could Keep in Your Portfolio Forever

Despite signs of inflation cooling in the United States, the IMF is not expecting the global economic picture to improve anytime soon. However, the cooling inflation might induce the Fed to ease the pace of rate hikes. As economic uncertainties remain, we think fundamentally solid stocks McDonald’s (MCD) and Biogen…

StockNews.com

Autumn budget key points at a glance and what it means for you

Chancellor Jeremy Hunt announced a wave of new economic measures on Thursday

Manchester Evening News

'No pain, no gain' - West Midlands reacts to Autumn Statement as firms call for more levelling up and hospitality support

Firms welcome Jeremy Hunt's ambition for UK innovation

Birmingham Post

How long will the UK recession last and other top questions about the autumn statement answered

Chancellor Jeremy Hunt’s autumn statement has caused a spike in Google searches about the economy

Wales Online

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Autumn statement 2022: experts react

UK chancellor Jeremy Hunt laid out his plans for the British economy today. The statement was made against a backdrop of a more than 40-year inflation high and recession warnings from the Bank of England.

The Conversation

The 4 Best Stocks to Buy This November

Favorable inflation data for October has raised the odds of slower federal rate hikes ahead. The market has been celebrating the inflation report, and experts believe the current rally could sustain for a while. Therefore, investors could buy quality stocks such as Gilead Sciences (GILD), Biogen (BIIB), Hillenbrand (HI), and…

StockNews.com

Treasury minister 'doesn't recognise' claims Scotland short changed by £1.7bn

The Chief Secretary to the Treasury was asked if he had any response to the SNP’s claims that Scotland was being “short-changed” by the UK

The National (Scotland)

Welsh business leaders and political parties have their say on Autumn Statement

The OBR concluded the UK is now in recession and was facing an increase in unemployment

Birmingham Post

‘A great outcome’: Charities welcome protection to benefits and pensions in Autumn Statement

Benefits will rise by 10.1% from April in line with the rate of inflation in September, at a cost of £11 billion

Evening Standard

The 2 Best Stocks to Buy When the Market Falls

Signs of cooling inflation have buoyed the stock market recently. However, elevated interest rates could create a recessionary backdrop and keep the market under pressure. Amid this uncertain environment, quality stocks Cisco Systems (CSCO) and Humana (HUM) might be solid additions to your portfolio. Read on….

StockNews.com

Tunisia's milk shortage leaves farmers poor and the public angry

Tunisian dairy farmer Maher Gizmir has sold nearly half his cows this year and reduced his daily output by 85%, adding to a shortage of milk around the country as a cash-strapped government wrestles with inflation.

Reuters

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Manchester Evening News

How much monthly Universal Credit payments will be 2023/24 following autumn budget

The government announced a wave of economic policies which will affect Universal Credit payments next year

Birmingham Post

East Midlands business leaders say Autumn Statement 'high on stealth-creation and low on wealth-creation'

FSB says SMEs 'face even higher taxes, cuts to innovation, and a recipe for a longer and deeper recession'

The Independent UK

How long will the recession last in the UK?

The answers to some of the top trending questions following the Chancellor’s autumn statement.

Manchester Evening News

Sacha Lord fears entertainment venues could close ‘at faster rate than in pandemic’ following autumn budget

Chancellor Jeremy Hunt announced further cost of living increases as the UK enters a recession

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news in one place.

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Glasgow Live

Glasgow is the hardest hit Scottish city according to cost of living tracker

Glaswegians have seen the prices of necessities go through the roof over the last year as the inflation rate has increased by 6.8 percentage points since January to 12.6 per cent

The Guardian - UK

Benefits rise brings relief but stark warning from poverty campaigners

Analysts warn millions still face winter crisis despite Hunt’s decision to increase benefits in line with inflation

The Independent UK

Disability and working age benefits to rise in line with inflation

The move will cost £11 billion but will help protect the most vulnerable, Chancellor Jeremy Hunt said.

Manchester Evening News

How much weekly state pension payments will be next year following Autumn Budget

The government announced how pensions will change by next year

The Independent UK

Fed official suggests substantial rate hikes may be needed

The Federal Reserve may have to raise its benchmark interest rate much higher than many people expect to get inflation under control, said James Bullard, who leads the Federal Reserve Bank of St. Louis

Manchester Evening News

How long will the UK recession last?

The government unveiled a series of economic plans to tackle the cost of living crisis and soaring inflation

The Guardian - UK

What Jeremy Hunt’s autumn statement means for you

From income tax changes to help with the cost of living crisis, all you need to know about the chancellor’s changes

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