Get all your news in one place.

100's of premium titles.
One app.

Start reading

Get all your news in one place.

100's of premium titles. One news app.

Start reading

The Latest Breaking News from Inflation

Interest rates raised to 1.25% as Bank of England responds to cost of living crisis- what will it mean for business?

Business leaders warn SMEs could be hit hard by rates rise

Birmingham Post

Interest rates rise to 1.25% as Bank of England battles rising inflation

The rise is the fifth consecutive hike by the Bank’s monetary policy committee

The Independent UK

Michael Gove warns ‘tough times’ ahead as cost of living crisis worsens

Minister issues warning as Bank of England projects inflation to peak this year at just over 11 per cent

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Bank of England raises interest rates to 1.25%

Bank warns of inflation rising to 11% after split vote to lift rate, for fifth time in a row, by 0.25 points

The Guardian - UK

Winners and losers of Bank of England interest rate hike - from homeowners to savers

The Bank of England has hiked its base rate has risen from 1% to 1.25% - a new 13-year high - as part of plans to cool soaring inflation, which currently stands at 9%

Daily Mirror

Interest rates hit 1.25% in 13-year high - what it means for you and your money

The Bank of England is putting up base rate to try to bring down record inflation levels, but the decision means some households will be left with higher bills amid a cost of living crisis

Daily Mirror

Asos warns on profits amid ‘significant increase’ in customer returns

Sharp share sell-off as retailer says inflation is giving customers second thoughts about purchases

The Guardian - UK

Read news from The Economist, FT, and more,
with one subscription

Spotify Slows Down On Hiring Amid Macro Uncertainties

Spotify Technology S.A. (NYSE:SPOT) slowed hiring by 25%, CNBC reports based on a companywide email from CEO Daniel Ek. However, he added the company would “continue to still hire and grow, we are just going to slow that pace and be a bit more prudent with the absolute level of new hires over…

Benzinga

The stock market would actually kind of like a recession, thanks

The stock market's rise has been closely tied to low interest rates. If it takes a recession to get them back, it's a price investors are willing to pay.

Axios

How Wall Street is driving inflation

Deregulated Wall Street traders are driving price spikes on gas and food — but Biden could shut them down easily

Salon

Who are the winners and losers of the Fed hiking interest rates?

The Federal Reserve announced Wednesday it will increase its benchmark interest rate by 0.75%, the largest increase in decades. But what does that actually mean for everyday Americans?

WEKU

Bank of England under pressure to aggressively raise rates

The Bank of England is under pressure to raise interest rates more aggressively amid concern that the quarter-percentage-point hike expected Thursday will do little to combat price increases that have pushed inflation to a 40-year high

The Independent UK

Food prices in UK to rise by 15% this summer, grocery analysts say

Report warns more people could skip meals if inflation lasts into middle of next year

The Independent UK

How do interest rates affect inflation?

Interest rates are already at their highest level in 13 years

The Independent UK

Get all your
news in one place.

100's of premium titles.
One news app.

Birmingham Post

Inflation rise blamed by Simply Be, JD Williams and Jacamo owner N Brown for revenue decline

N Brown added that its earnings expectations for its full year remain unchanged

The Conversation

An extra 60,600 Australians found work in May. Here's why wages aren't moving much

The rate of unemployment remained steady at 3.9% between April and May.

Wales Online

Asos sees 'significant' rise in shoppers returning orders as UK inflation soars

Customers spending less in cost of living crisis

The Guardian - UK

Why are central banks pushing to raise interest rates?

Banks are raising rates to bring down inflation but there is a risk to economic growth

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

Bank of England poised to hike interest rates to 1.25% in battle against inflation

Base rate of interest currently stands at 1 per cent - its highest point in 13 years

The Guardian - UK

Bank of England says inflation will hit 11% after raising interest rates to 13-year high – as it happened

UK central bank has raised interest rates to 1.25%, warned inflation will exceed 11% in autumn, and cut growth forecast for this quarter

Evening Standard

FTSE 100 Live: Bank of England rates rise decision, ASOS warns on profits

The Bank of England today increased interest rates by 0.25% as policymakers continue efforts to tame inflation.

The Independent UK

Asia shares mixed after Fed assurance on rates lifts Wall St

Asian shares are mixed after the Federal Reserve raised its key interest rate by three-quarters of a point and signaled more rate hikes were coming to fight inflation

The Times of India

Revlon, facing high debt and supply chain pain, files for bankruptcy

NEW YORK: Revlon Inc filed for Chapter 11 bankruptcy, unable to manage its heavy debt load amid the supply chain crunch and steep inflation.

The Independent UK

Fed's aggressive rate hikes raise likelihood of a recession

Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation, now raging at a four-decade high and defying the Fed’s efforts so far to tame it

Bangkok Post

Curve flattening bond trade in SE Asia Is set to get hotter

Long bonds in Southeast Asia are set to outperform shorter-dated notes as policy makers turn more hawkish, turning the curve flattening trade into a hot bet.

1 … 843 844 845 846

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

European Central Bank

273 stories

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.