The Latest Breaking News from Inflation

Hundreds of thousands of teachers balloted for strikes - risking school closures

Teachers are up in arms over the Government's below-inflation pay offer, with three major education unions expected to formally ballot their members for strike action

Daily Mirror · Oct 16, 2022

Teachers threatening strikes told Welsh Government simply can't afford to pay what they want

Welsh Government education minister Jeremy Miles said the unions' 12% pay demand was 'reasonable' but the cash simply isn't there

Wales Online · Oct 16, 2022

March against inflation turns up political heat in France

Protesters demanding wage increases, greater taxation of windfall profits and other steps to lessen the bite of rising inflation are marching in Paris, heeding the call of left-wing parties and trade unionists hoping to crank up pressure on the government of French President Emmanuel Macron

The Independent UK · Oct 16, 2022

Craig, Kistner battle over economy, abortion in top-dollar U.S. House race

MINNEAPOLIS — The Twin Cities' southern suburbs and rolling rural communities that stretch toward Mankato have become a key front in the nationwide battle for control of Congress.

Tribune News Service · Oct 15, 2022

Govt defends big road and rail spending

The federal government hopes a near-$10 billion infrastructure investment won't do more to drive inflation as it prepares for October 25's budget.

AAP · Oct 15, 2022

Bear Markets Are Never Easy….Not Even for Bears

Bear markets are never easy. Not even for bears. Today's action is a reminder of that, and why the POWR Stocks Under $10's charter is to remain at least 50% invested. In a way, it reminds me of what happened in February, when markets were sinking lower on the prospects…

StockNews.com · Oct 15, 2022

Universal Credit warning as DWP told families could lose up to £1,000 a year

The government is due to make an announcement on benefit upratings at the end of the month

Manchester Evening News · Oct 15, 2022

Interest rate rises could be higher than expected next month, warns Andrew Bailey

Bank of England Governor says ‘inflationary pressures’ could prompt stronger response than bank had previously thought

Evening Standard · Oct 15, 2022

Bank of England warns next interest rate hike could be higher than expected

‘Stronger response’ needed to tackle inflation, says Andrew Bailey

The Independent UK · Oct 15, 2022

India's main opposition stages rally to mark 1,000 km of its protest march

India's main opposition Congress party held a huge public rally in the southern Indian state of Karnataka on Saturday, accusing the government of not doing enough to contain inflation and create promised jobs for young people.

Reuters · Oct 15, 2022