The Latest Breaking News from Inflation

Truss tells Tory rebels she’s ‘ready to listen’ in row over benefits

Speculation grows PM is getting ready to give in to Cabinet pressure to increase benefits in line with inflation

The Independent UK · Oct 9, 2022

Thousands of salaried Tesco workers forced to take real-terms pay cut

A 3% pay rise for team managers amid 10% inflation comes after a string of wage rises for hourly staff

The Guardian - UK · Oct 9, 2022

Economic uncertainty and high inflation cause South West business activity to fall

Companies reported increases in costs, as higher payments for energy, wages and raw materials pushed up expenses

Birmingham Post · Oct 9, 2022

India will stand out with 7% growth rate in FY23 amid global gloom, says EAC-PM member Sanyal

New Delhi Amid fears of the world slipping into recession, India will perhaps emerge as the stronges

The Hindu · Oct 9, 2022

Cabinet to 'ambush' Liz Truss over benefit cut that'd put 200,000 kids in poverty

The PM is being warned she won't get the cut through as Tories plot with Labour in a civil war - and an ex-Sainsbury's boss warns the crisis is the worst since the 1970s

Daily Mirror · Oct 9, 2022

North East businesses weighed down by inflation and fears of recession

The NatWest North East Business Activity Index points to third consecutive contraction in region's private sector

Birmingham Post · Oct 9, 2022

Better than the bank: Where to find a greater rate of return

Banks are great for easy access to funds and short-term savings goals. However, to keep ahead of inflation you need to look at the long term.

The New Daily · Oct 9, 2022

IMF Provides Highest Financing to Arab Countries in Decades

Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), said that the world was going through a delicate stage due to successive shocks and uncertainty in the global economic system. He underlined the need for international cooperation to face challenges, especially with…

Asharq Al-Awsat · Oct 9, 2022

The White House is turning to TikTok stars to take its message to a younger audience

A third of young people say they prefer to get their news on social media. The White House is having special briefings for influencers to get its message out to their massive audiences on TikTok.

WEKU · Oct 9, 2022

When your seatmate on the plane talks about the Fed, you know things aren't right

The woman next to me, who described herself as knowing "zero" about the economy, asked whether I thought the Federal Reserve would continue raising interest rates. I felt an acute sense of dread.

WEKU · Oct 9, 2022