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The Latest Breaking News from Inflation

Germany eases cost of living crisis with €9 a month public transport ticket

Millions set for summer of cheap travel on all modes of transport

The Guardian - UK

Oh no. Is Jeff Bezos preparing to run for office?

When an unaccountable billionaire suddenly starts putting himself out in the world as a Public Policy Thinker, alarm bells should ring

The Guardian - US

Stock Market Sell-Off: 4 Bargain Stocks Begging to Be Bought

The stock market has experienced a sell-off of late due to investor concerns about the Fed’s aggressive interest rate increases to tame inflation and a prospective economic contraction. Nevertheless, the sell-off has created opportunities for investors to buy quality stocks at bargain prices. We think Horizon Therapeutics (HZNP), TDK (TTDKY),…

StockNews.com

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Quarter of Brits are dipping into savings due to cost of living crisis

While half of us expect our financial situation to worsen

Chronicle Live

Pakistan holds bailout talks with IMF in Qatar as economy falters

The new Pakistan government is seeking the release of more funds from a $6bn rescue programme agreed with IMF in 2019.

Al Jazeera

Chief BoE economist: we’ll squeeze economy more to tame inflation

Bank of England’s Huw Pill warns ‘further work needs to be done’ after recent base rate rises

The Guardian - UK

Explained: 'India looks a lot like Sri Lanka'?

NEW DELHI: In one of his several attacks on the Centre over economic situation of the country, Congress leader Rahul Gandhi slammed the government over rising inflation and unemployment.

The Times of India

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Cost of living: HMRC tax refund could pay your energy bills for two years

This could prove an incredibly useful hack to cope with the current cost of living crisis including gas, electricity, food and transport

Chronicle Live

Newspoll and Ipsos both give Labor clear leads in final polls; counting of early votes

The federal election is on Saturday. Polls close at 6pm local time; that means 6pm AEST in the eastern states, 6:30pm in SA and the NT and 8pm in WA. 124 of the 151 House of Representatives seats are in the eastern time zone, 12 combined in SA and the…

The Conversation

How soaring inflation can be particularly harmful for young people

Inflation rates have become almost impossible to ignore. In the UK, inflation has soared in recent months, now reaching 9% – the highest rate for 40 years. The Bank of England expects it to rise to 10% this year and for the economy to slow down.

The Conversation

Markets rebound: Sensex jumps 1,534 points, Nifty settles at 16,266

NEW DELHI: Equity indices rebounded sharply on Friday amid broad-based buying across all sectors, a day after crashing to nearly 2 month low.

The Times of India

New warning as interest rates may rise further

Deputy prime minister Dominic Raab says support is already in place

Evening Standard

Royal Mail warns price of stamps and sending parcels could rise again

It comes a month after the price of a first class stamp aas hiked by 10p

Manchester Evening News

Interest rates might have to rise further to tackle soaring inflation says Bank of England chief economist

Welshman Huw Pill was speaking at an ACCA Wales event in Cardiff

Birmingham Post

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The Independent UK

House prices: Will rising interest rates cause a property market crash?

House prices jumped 9.9 per cent in the year to March 2022. With interest rates increasing, is a crash on the way?

Daily Record

Tennent's boss warns of further price hikes as Scots return to pubs for cup final

The cost of living crisis and inflation has led to "anxiety" about the future of the pub industry.

Reuters

G7 offers $9.5 billion new aid for Ukraine, ready with more

The Group of Seven's financial leaders agreed on $9.5 billion in new aid to Ukraine on Friday and promised enough money to keep the country's devastated economy afloat as long as it fights against Russia's invasion.

Birmingham Post

Bristol deputy mayor says inflation 'real risk' to green business goals

Cllr Craig Cheney and NatWest’s head of climate change met small businesses in the city working towards more environmentally friendly operations

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Liverpool Echo

Martin Lewis' stark civil unrest warning as households face more bill hikes

The founder of the MoneySavingExpert website says the public mood is desperate and angry

Daily Record

Sunday Times Rich List: Rishi Sunak and wife Akshata Murty enter list with £730m fortune

The Conservative chancellor and Akshata Murty, his wife, have joined the elite of millionaires and billionaires as most households battle rising inflation and soaring energy prices.

Wales Online

Quarter of us are dipping into our savings in cost of living crisis

Half of us expect household finances to worsen

Tribune News Service

Is it time to freak out about the stock market and the economy?

With inflation surging, the war in Ukraine roiling global markets and the after-effects of the pandemic still clogging supply chains, everyday investors have been jittery. But some had their nerves pushed to the edge this week after the Dow Jones Industrial Average took a swoon on Wednesday of more than…

The National (Scotland)

Combined wealth of Scotland's billionaires grows as cost-of-living crisis hits public

SCOTLAND'S 10 billionaires saw their combined wealth grow over the last year, the Sunday Times Rich List 2022 has revealed.

Chicago Tribune

Commentary: Biden’s trip to Chicago highlights the deeper problems in Democratic leadership

In Joe Biden’s America, life is not easy. For those of us who call Illinois our home, it’s not hard to see how Democrat policies have negatively affected our lives — even more so than our families who live in neighboring states.

The Independent UK

Consumer confidence plunges to lowest level on record as living costs soar

Worst outlook for almost half a century after inflation surges

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