The Latest Breaking News from Inflation

With deteriorating global economic conditions and no prospect of remission inflation, the Treasurer promised a “sustainable” budget.

The Reserve Bank is "near the summit" in its uphill battle to curb the fastest rate of inflation in a generation, economists say.

Senior former Welsh Tory minister Stephen Crabb says the U-turns so far have not been enough to pacify anger on Conservative benches

The Prime Minister is reportedly considering raising benefits in line with earnings rather than inflation - and telling claimants it is unfair to receive a higher raise than workers.

Some editorial writers are keen to describe the looming midterms as "the inflation election." Then again, their average readers are millionaires by household net worth. They skew 62 percent male and in their 40s. The last time I checked, the great thing about America is that it's a democracy. It…

PM facing fresh battle with MPs as she declines to commit to raising benefits in line with inflation

British Prime Minister Liz Truss triggered a new row in her party on Tuesday by suggesting she could limit increases in benefit payments to less than soaring inflation as she seeks ways to fund her tax-cutting growth plan.

PRIME Minister Liz Truss has refused to rule out real-terms benefit cuts in order to help pay for her government’s tax-cutting growth plan.

Reserve Bank of Australia lifts key rate by 0.25 percentage point in nod to uncertain global economic outlook.

One Nation Tory Damian Green said Liz Truss would 'probably not' get benefit cuts through Parliament - as even serving minister Penny Mordaunt warned she must not 'help people with one hand and take away with another'

PM says says she backs idea to abolish tax cut for high earners in principle despite shelving it for now