Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Inflation

Boris Johnson poised to ditch key UK defence spending promise despite Russia's war

The Prime Minister will trumpet Britain's 2% of GDP spending on defence - but another part of his policy, to raise spending above inflation, could soon be scrapped. It came as Boris Johnson insisted "I don't think" Britain will end up at war with Russia

Daily Mirror

Europe's central bank ready to 'stamp out' surging inflation

The head of the European Central Bank says it will move gradually to combat soaring consumer prices with interest rate hikes in July and September but will keep its options open to “stamp out” inflation if it surges faster than expected

The Independent UK

Royal Mail staff vote on ‘biggest strike’ of summer as tram walkout begins

Union claims postal workers are facing a massive pay cut because of soaring inflation

The Guardian - UK

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

Also hit by inflation? Your local taco truck

Higher prices for gasoline, meat and vegetables and even cooking oil have put pressure on food trucks as they struggle to balance menu prices with customers' expectations of a low-cost meal.

WEKU

Inflation killed the $1 pizza slice. Long live the 99c iced tea

A viral tweet claimed the AriZona Iced Tea was raising its price from 99 cents to $1.29. It wasn't true, but could it happen in the near future?

WEKU

Firefighters could strike over ‘insulting’ 2% pay rise offer

The executive of the Fire Brigades Union (FBU) is recommending rejection of the offer, which it said is well below the soaring rate of inflation.

Evening Standard

Connecticut’s minimum wage rises again, to $14 an hour July 1. It won’t be the last increase

Connecticut’s minimum wage rises to $14 an hour July 1, up $1 and cheering low-wage workers while adding to business owners’ worries about labor shortages and inflation.

Tribune News Service

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

Doctors do not deserve 30 per cent pay rise, says minister

Doctors do not deserve a 30 per cent pay rise, a minister said on Tuesday as he warned of a “dog chasing its tail” inflation spiral if big wage rises are agreed.

Evening Standard

Asian Markets' Rally Fizzles as Rates, Inflation Fears Return

Asian markets mostly fell Tuesday as investors struggled to maintain a recent rally while weighing central banks' inflation-fighting rate hikes and the possibility of a recession. Renewed concerns about thinning supplies and rising demand also helped push oil even higher, after enjoying a big bounce Monday, said AFP. Shares rallied…

Asharq Al-Awsat

Central bank policymakers should not assume reputations will recover

As inflation soars, the Fed, ECB, Bank of England and others are more regularly challenged than in the past

The Guardian - UK

Cancelled flight? Shoddy clothing? Disappointing meal? Blame skimpflation, the hidden curse of 2022

Reluctant to raise prices, refusing to sacrifice profits, travel companies, retailers and restaurateurs are cutting corners wherever they can, usually without telling their customers. Is poor quality the new normal?

The Guardian - UK

Firms are driving up inflation - why doesn’t Johnson talk to them about restraint?

The government expects workers to shoulder the burden – while price spikes mean huge windfalls for some companies, says Carys Roberts of the IPPR

The Guardian - UK

Portishead rail line's future uncertain as questions raised over funding and inflation

The government is 'very nervous' about environmental issues, according to the metro mayor

Bristol Post

Councils warn of ‘disastrous’ cuts as inflation costs rise

Many authorities are already abandoning financial plans set just three months ago owing to the 'unprecedented crisis' and are appealing for Government help

Wales Online

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

Councils warn of ‘disastrous’ cuts and viability threat as inflation costs rise

The Conservative-led Local Government Association called for “adequate” long-term Government funding to protect communities.

The Guardian - UK

Inflation could push English councils into bankruptcy, say leaders

Rise of £2.4bn in costs could be ‘disastrous’ and essential services may need to be cut, says LGA chair

Bangkok Post

BoT predicts global recession evaded

The Bank of Thailand estimates the global economy will slow down next year, but not dip into recession amid attempts by central banks worldwide to contain higher inflation rates.

Bangkok Post

How G7 can help those with debt

From the weekend until today, G7 leaders have gathered in Germany to discuss a litany of overlapping global crises, including the war in Ukraine, food insecurity, inflation, backlogged global supply chains, the pandemic response and climate change. These challenges have a common denominator: All are falling hardest on low- and…

Get all your
news in one place.

100's of premium titles.
One news app.

Liverpool Echo

PwC offering hundreds of jobs with inflation-beating pay rise

The news comes amid the growing pressure on employers to increase their employees’ pay

Benzinga

The Fed to Pivot as Early as Q3 22?

Past Fed Chair Paul Volker has been invoked in countless discussions surrounding monetary policy these days. Many are wondering if current Chair Jerome Powell will have the resolve to exact the Volcker-style rate hikes necessary to combat inflation. Macroeconomic expert Luke Gromen believes that this is more about math than…

Benzinga

Just Eat Takeaway Hikes European Restaurant Commissions: Reuters

Dutch multinational online food ordering and delivery company, Just Eat Takeaway.com (OTC:JTKWY) has hiked the commission charged for restaurants by one percent in European markets, Reuters reported. The report further noted that the company had made an exception in Britain due to severe competition from Deliveroo PLC (OTC:DROOF) and Uber Technologies, Inc. (NYSE:UBER) Uber Eats. "I can…

Roll Call

Anyone for strawberries and cheese this Independence Day? - Roll Call

The Farm Bureau's menu for a Fourth of July cookout will cost 17 percent more this year than last, led by surging meat prices.

AAP

Sentiment lifts from the depths of despair

Consumer confidence has improved for a second consecutive week after a slump earlier in the month as a result of a large rise in interest rates.

Benzinga

EUR/SEK: Looking For More From The Riksbank

What can the Riksbank do to really shake things up for EUR/SEK? It could raise interest rates by less than 50 bps on Thursday, which would likely see EUR/SEK rise dramatically, but that seems unlikely. All 16 economists recently polled by Reuters expect the Swedish central bank to raise interest…

Tribune News Service

Series I bonds pay record 9.62% interest rate ⁠— here’s how to buy them

If you’re looking for an investment with a high interest rate, inflation protection and the safety of government backing, then Series I bonds could be an attractive addition to your portfolio. The interest rate on these bonds increases as inflation rises, ensuring that your payout keeps pace with rising prices…

1 … 904 905 906 907

People

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

Organisations

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.