The Latest Breaking News from Inflation

Report says policies of high interest rates and austerity risk triggering global recession that will hit developing nations hardest

The Covid-19 pandemic, the war in Ukraine, runaway inflation and climate change are all fuelling a global food security crisis. Gayle E. Smith is the chief executive officer of the ONE Campaign, an NGO co-founded by the singer Bono. She spoke to FRANCE 24 about fighting extreme poverty in the…

In 1981 Thatcher took the drastic but successful step of increasing taxes by 2% of GDP to tackle interest rates and inflation. But Truss has just done a reverse-Thatcher, says Oliver Hartwich

The pound has recovered from a recent record dip after the chancellor’s mini-budget announcement. But it is still at low levels versus many other currencies.

FRESH plans for a new wave of Tory austerity will deliver a “hammerblow” to struggling households and put further pressure on Scotland’s…

After a disappointing third-quarter performance, investors should brace themselves for an enhanced market uncertainty in the fourth quarter amid the Fed’s persistent rate hikes to tame stubborn inflation and growing recession fears. Hence, we think it could be wise to add resilient and dividend-yielding stocks Johnson & Johnson (JNJ) and…

This morning Chancellor Kwasi Kwarteng refused to rule out a return to Tory austerity after a humiliating tax U-turn - but in July Liz Truss unequivocally told The Mirror that her plans would not involve slashing services

The green energy industry is expected to grow significantly in the coming years, thanks to sustained demand for renewable energy amid rising climate concerns worldwide, technological advancements, and increasing government and corporate investments. However, input price inflation, supply chain disruptions, and broader market jitters have adversely impacted many fundamentally weak…

The former Work and Pensions Secretary joined the chorus against Liz Truss warning 'it cannot be that the books are balanced on the back of benefits. That is not right at all'

It comes as the Government U-turned on plans to cut the top rate of income tax for the highest earners.

Tobacco growers in southeast Turkey's Celikhan district are feeling the pinch as annual inflation reaches a new 24-year high