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The Latest Breaking News from Inflation

Scottish businesses 'risk underestimating inflation rates'

Research reveals only 73% of Scottish businesses have only accounted for a 3% to 5% level of inflation this year

Insider UK

Inflation and worker shortage fuel push on immigration bills - Roll Call

Lawmakers are pointing to high inflation and critical labor shortages in a push for the Senate to take action soon on immigration bills.

Roll Call

Asian Stocks Stumble on Global Anxieties over Inflation

Asian stocks fell Monday as investors remained anxious over inflation and the ongoing impact of China's Covid lockdown policies, despite an initial Wall Street bounce thanks to a solid US jobs report. Global markets have taken a beating over a series of crises including surging inflation, rising interest rates, China's…

Asharq Al-Awsat

From analysis to the latest developments in health,
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Ex-Bank of England chief economist Andy Haldane warns inflation here ‘for years’ as business calls for emergency budget

The British Chamber of Commerce want an immediate VAT cut and a reversal of recent National Insurance rises in an emergency snap budget

Evening Standard

Stocks, oil and bitcoin hit by recession worries – as it happened

Worries over global growth hit stocks and metals prices, and the pound falls again

The Guardian - UK

Asian shares mostly fall as rate hikes, China slowdown loom

Shares are lower in most Asian markets as interest rate hikes and a slowing Chinese economy weigh on investor sentiment

The Independent UK

West Midlands firms hit by soaring bills and cost of living crisis - report

Latest NatWest PMI data found business activity in the region ground to a halt in April as rising costs hampered demand

Birmingham Post

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Price rises at record level as businesses look to offset soaring costs

Soaring costs are a key challenge for businesses, a growing number of which are resorting to hiking their own prices to protect profit margins.

Birmingham Post

ASX slides, Westpac jumps after dividend improves and expenses forecast to fall

Australian shares have fallen, dragged lower by mining stocks, with investors globally maintaining a cautious stance over rate-hike worries and as tightening COVID-19 restrictions in Shanghai fuelled concerns about a possible recession.

ABC News

Many struggled even before rate increase

A new survey has found almost one-in-three borrowers were struggling to make ends meet even before the Reserve Bank of Australia raised the cash rate last week.

AAP

Jacob Rees-Mogg issues warning over cost of living crisis

The senior minister urged caution around increased public spending with inflation likely to be pushed even higher as a result

Wales Online

PMI: Northern Ireland economy remains active but inflationary pressures to weigh in coming months

Input costs rose at the second highest rate on record in April

Birmingham Post

Region's robust growth slows to seven month low as prices peak

Momentum easing from pandemic restriction lifting according to analysts

Birmingham Post

Scottish Power boss urges Sunak to take swift action on energy bills crisis

Keith Anderson says fresh support package is vital before households hit by further increases in October

The Guardian - UK

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Insider UK

Scottish private sector growth accelerates to 11-month high

Renewed expansion in manufacturing output boosts overall activity, but business confidence falls to 18-month low

Bangkok Post

Inflation heads industry agenda

Soaring inflation tops the agenda when the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) meets this Wednesday to discuss Thailand's economic outlook in the second half of the year.

ABC News

With high prices and soaring rents, what are political parties promising to do about housing?

In an election campaign largely centred around the cost of living, the spiralling cost of the single-biggest expense for most households — housing — is a key focus for policy. Here's what's being promised.

ABC News

What the median rental price can actually get you in Australia’s capital cities — and how it compares to other countries

The median rental price for a house across Australia's capital cities hit a new record high in the first three months of this year. But it's not just Australian's bearing the brunt of soaring rental costs.

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Newsroom.co.nz

Markets near lowest point since big Covid sell-off

NZ sharemarket at 20-month low as global markets continue to fall

Newcastle Herald

Letters: Darby Street plan raises parking questions

Newcastle Herald readers have their say.

The Conversation

A shouty, unedifying spectacle and a narrow win for Albanese: 3 experts assess the second election debate

Prime Minister Scott Morrison and Opposition Leader Anthony Albanese met in the second election debate on Sunday evening, before a panel of Nine Network journalists.

The Guardian - AU

Scott Morrison and Anthony Albanese clash over cost of living and integrity in messy leaders’ debate

There are heated moments in the second leaders’ debate of the federal election but Channel Nine’s audience fails to find a clear winner

The Guardian - UK

Rishi Sunak can fight recession risks with a cost of living support package

Pressure for summer mini-budget will increase as economic effects of Russia-Ukraine war take hold

The Hindu

Interest rate hike wasn’t surprising, timing was: Finance Minister Sitharaman

The Finance Minister asserted that the rising cost of funds will not impact the government’s planned infrastructure investments

The Guardian - UK

The economy is collapsing. Yet I can’t recall a government so devoid of a plan

The pound is weak, inflation is up, but it’s hard to discern any ideas from the Tories

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