Martin Lewis warns food bills may never drop down to what they were Cost of living rocketed across UK during 2021 and 2022, with inflation still extraordinarily high The Independent UK · Mar 20, 2023
British workers ‘£11,000 worse off a year’ as wages fail to keep up with costs Resolution Foundation says typical UK household income has fallen further behind Germany, with the gap at £4,000 The Independent UK · Mar 20, 2023
Tories oversaw longest and deepest squeeze of family budgets in history, TUC says Pay failing to keep up with inflation has been key in driving down household disposable income The Independent UK · Mar 20, 2023
TUC: Tories have presided over longest and deepest squeeze of family budgets Pay failing to keep up with inflation has been key in driving down household disposable income, the union organisation said. The Independent UK · Mar 20, 2023
Minister coy on inflation-linked minimum wage rise Katy Gallagher is yet to indicate whether the government would advocate for a minimum wage increase that delivered a real rise amid high inflation. The New Daily · Mar 19, 2023
Deflating the myths of inflation Factors that influence inflation and cost of living are varied but identifying genuine ones can help policymakers prioritise key solutions. 360info · Mar 19, 2023
'Revenge spenders' may be fuelling inflation It is a myth that only price increases of household items cause inflation as consumer behaviour may also be a factor. 360info · Mar 19, 2023
Why supply chain issues do not cause inflation While there is some correlation, it is wrong to say supply chain kinks are a primary cause of inflation. 360info · Mar 19, 2023
Universal Basic Income does not cause inflation The idea that a Universal Basic Income fuels inflation makes no economic sense. 360info · Mar 19, 2023
The secret behind how Blackpool's famous £1 burger stall manages to keep its prices so low Higgit's Las Vegas Arcade has managed to beat inflation and keep its costs the same Manchester Evening News · Mar 19, 2023
OECD Hikes Global Growth Forecast for 2023, 2024 The global economic outlook has improved from a few months ago as the inflation shock eases but rising interest rates will keep risks high, the OECD said on Friday, hiking its growth forecasts for major economies. After growth last year of 3.2%, the world economy is on course to expand… Asharq Al-Awsat · Mar 18, 2023
‘Just getting by’: Inflation squeezing Las Vegas residents, businesses Las Vegas resident Michael McCarthy used to visit casinos about five times a month, but now it’s down to once a month for one reason — inflation. Tribune News Service · Mar 17, 2023
BBC licence fee to go up £13 as MPs call on government to stop rise It is set to be the biggest increase in more than 20 years Manchester Evening News · Mar 17, 2023
The cost of a TV licence set to rise by the largest price increase in 20 years The cost of watching BBC shows and listening to BBC radio is set to skyrocket Bristol Post · Mar 17, 2023
Daily Mirror · Mar 17, 2023 Heathrow strikes to go ahead meaning holiday chaos for Brits - full list of dates Heathrow airport workers were voting on whether to strike following a dispute over a pay rise offer from the airport - which union Unite claims is effectively a pay cut due to inflation
StockNews.com · Mar 17, 2023 3 Stocks That Could Deliver Healthy Returns This Year The stock market will likely stay under pressure this year, with stubborn inflation and elevated interest rates. However, the Fed’s decision could largely be influenced by concerns about the recent banking crisis. Amid such uncertainty, fundamentally sound stocks Johnson & Johnson (JNJ), Abbott Laboratories (ABT), and Humana (HUM) could be…
StockNews.com · Mar 17, 2023 Don't Get Trapped Owning These 2 Cruise Line Stocks in 2023 Sticky inflation and recessionary fears have compelled Americans to check their spending habits. Diminishing demand could keep the cruise line industry under significant pressure this year. Against this backdrop, weak cruise line stocks Royal Caribbean Cruises (RCL) and Carnival Corporation (CCL) might be best avoided in 2023. Read on….
AAP · Mar 17, 2023 Australia's growth outlook still subdued: OECD The OECD has slightly downgraded its forecasts for Australia's growth in its latest look at how the global economy is faring.
StockNews.com · Mar 17, 2023 3 Top Stocks to Buy Now for the Next Bull Market Although anxieties have heightened amid the recent banking collapses, with easing inflation and retail sales numbers, a market recovery could materialize soon. Against this backdrop, quality stocks Cisco Systems (CSCO), Albertsons Companies (ACI), and Universal Logistics Holdings (ULH) might be solid buys now for the next bull market. Read on….
StockNews.com · Mar 17, 2023 2 Stocks to Buy Without Hesitation in 2023 The stock market has seen intense volatility lately due to high inflation, strong job growth, and the insolvencies of two banks. The market is expected to remain volatile, with the Fed’s next move on the rate hikes unclear. Amid this backdrop, it could be wise for investors to buy fundamentally…
StockNews.com · Mar 17, 2023 Banking Turmoil Makes for Turbulent Markets At the end of last week's issue, I told everyone to buckle up for the boom. I wasn't expecting one of the global systemically important banks (G-SIBs) to wind up on the chopping block. And Friday is a rare market event that is known for its wild price swings. So…
The Conversation · Mar 17, 2023 The European Central Bank seems to have got away with raising interest rates in the middle of a banking crisis – here's why In the middle of a market panic that has felled two US banks and pushed several others to the brink, the European Central Bank (ECB) has raised interest rates by another 0.5 percentage points. The ECB’s president, Christine Lagarde, had been warning this was necessary to bring eurozone inflation back…
Los Angeles Times · Mar 17, 2023 Michael Hiltzik: Eli Lilly is slashing insulin prices, but hold your applause Eli Lilly & Co. played the altruism card like a champ on Mar. 1, when it announced steep price cuts on its insulin products of as much as 70%.
The National (Scotland) · Mar 17, 2023 Nadine Dorries hits out at major TV licence fee increase in line with inflation A major licence fee rise is set to impact viewers across the UK amid inflation as former Culture Secretary Nadine Dorries hits out.
The Guardian - UK · Mar 17, 2023 What is happening in financial markets and could there be a global crisis? Banking system is reeling from a series of shocks but is in better shape than at time of 2008 crash