Morrisons relaunches discount scheme with cheaper prices for loyal shoppers Morrisons is the latest supermarket to revamp prices and offers for its loyalty scheme members The Money Edit · Apr 26, 2023
The Bank of England is wrong again: workers aren’t to blame for inflation Why should we ‘accept we’re worse off’, when corporate greed and global shortages are really to blame, asks James Meadway of the Progressive Economy Forum The Guardian - UK · Apr 26, 2023
3 Undervalued Stocks to Add to Your Portfolio Today Amid concerns of the economy heading into a recession, one could capitalize on stocks currently trading at a discount to its peers. Therefore, it could be wise to buy fundamentally strong undervalued stocks Mondi plc (MONDY), Nu Skin Enterprises (NUS), and Garrett Motion (GTX). Keep reading. StockNews.com · Apr 26, 2023
‘Peaked’: Small relief from slowing inflation as rents and utility bills soar Inflation has begun easing as goods prices fall, but the cost of living crisis isn’t over yet as rising rents and utility bills hit families. The New Daily · Apr 26, 2023
Carol Vorderman's scathing 'gaslighting us all' response to top banker's claim we all have to accept we're poorer The 62-year-old presenter, who is currently appearing on I'm A Celebrity... South Africa, criticised Bank of England chief economist Huw Pill Wales Online · Apr 26, 2023
Sweden raises key interest rate again to target inflation Sweden’s central bank has raised its key interest rate, saying inflation “is still far too high.” The Independent UK · Apr 26, 2023
Say goodbye to the company retreat: business travel isn’t ever going back to pre-COVID normal, report says Inflation, economic pressure and new post-pandemic normals are all weighing on employers’ willingness to send their staff on trips. Fortune · Apr 26, 2023
Households 'need to accept' they're poorer, says Bank of England economist HOUSEHOLDS and businesses across the UK “need to accept” they are poorer and stop looking for pay increases and pushing prices higher, a chief… The National (Scotland) · Apr 26, 2023
Inflation has fallen, but one or two more interest-rate rises are still likely Australia’s inflation rate has fallen from its 30-year high of 7.8% in the December quarter of 2022 to 7.0% in the March quarter of 2023. But it’s still likely the Reserve Bank of Australia will push up interest rates again before the end of the year to drive inflation back… The Conversation · Apr 26, 2023
Latest economic figures show Australia’s inflation easing ahead of RBA interest rate decision The consumer price index for the first three months of 2023 has come in at an annual rate of 7%, down from the 32-year high of 7.8% The Guardian - AU · Apr 26, 2023
Inflation eases to 7 per cent – but still too high for RBA Official inflation data shows consumer prices rising seven per cent annually in the March quarter, down from 7.8 per cent in the previous quarter. The New Daily · Apr 26, 2023
Inflation falls from peak, but still more than twice the top of the Reserve Bank's target for interest rates Australia's inflation rate is falling from its December peak, with prices increasing over the March quarter at the slowest pace in more than a year. ABC News · Apr 26, 2023
Pret’s five-coffees-a-day subscription rises to £30 a month Chain raises price amid' ‘inflationary challenges’ but adds in 10% off food, as part of Club Pret rebrand The Guardian - UK · Apr 25, 2023
ASX slips as inflation slows, Wall Street sinks on recession fears as First Republic Bank plunges 49pc The Australian share market closed slighlty lower after the latest ABS figures showed that inflation fell from its December quarter peak, while Wall Street suffered its biggest falls in a month as fears of a banking crisis resurfaced, leading to shares of First Republic Bank plunging 49 per cent overnight. ABC News · Apr 25, 2023
Daily Mirror · Apr 25, 2023 Brits must accept they're poorer and stop demanding pay rises says Bank of England chief Chief economist Huw Pill said there was a game of 'pass the parcel' taking place over the economic pain - and said workers asking for higher pay and firms putting up prices were fuelling inflation
ABC News · Apr 25, 2023 Quarterly inflation is expected to ease, but the Reserve Bank may still lift interest rates Even if inflation eases, a leading economist and strategist believes today's consumer price index figures will give the Reserve Bank of Australia reason to resume its rate-hiking cycle at its next meeting.
Evening Standard · Apr 25, 2023 Why is the UK’s inflation rate still higher than other wealthy countries? The UK’s 8.7% CPI figure in March compares with 6.1% in the eurozone and 4% in the US
The Independent UK · Apr 25, 2023 Households should ‘accept’ being poorer, Bank of England’s top economist says Huw Pill said workers asking for higher pay and shopkeepers putting up prices is ‘self-defeating’ as it fuels inflation
The Guardian - UK · Apr 25, 2023 Britons ‘need to accept’ they’re poorer, says Bank of England economist Chief economist Huw Pill says workers and firms should stop trying to pass on rising costs by hiking prices or demanding better wages
Evening Standard · Apr 25, 2023 Bank of England deputy governor: Pandemic support isn’t to blame for inflation Broadbent pointed to supply chain disruption and the War in Ukraine as the factors that best explain the cost-of-living crisis
Fortune · Apr 25, 2023 Gen Z is making a ‘Diet Coke break' the new smoke break as a way to escape work In an era of inflation and disillusionment with work, younger workers are forgoing coffee and smoke breaks for soda breaks instead.
The Guardian - UK · Apr 25, 2023 Britons turn to stores’ bargain ranges as grocery price inflation stays above 17% Cost of living squeeze continues, led by price rises for eggs, milk and cheese, say analysts Kantar
Kiplinger · Apr 25, 2023 Is Inflation a Big Retirement Worry? How to Protect Savings Concerns about how inflation eats into your resources or limits your ability to save sufficiently for retirement are real, but there are four things you can do to cope.
Insider UK · Apr 25, 2023 Food and drink firms demand support from Humza Yousaf Warning that soaring inflation is hitting the industry
The Guardian - UK · Apr 25, 2023 UK government borrowed £13bn less than expected last year Better than expected figures could give Jeremy Hunt wriggle room to cut taxes or increase spending