The Latest Breaking News from Inflation

RBI postpones MPC meeting by a day to August 3

MUMBAI: The Reserve Bank of India (RBI) has postponed the meeting of its interest rate setting Monetary Policy Committee by a day to August 3 due to administrative exigencies.

The Times of India · Jul 21, 2022

Europe's central bank surprises markets with bigger-than-expected rate hike

The move comes as the eurozone faces record-high inflation and a huge economic blow from Russia’s invasion of Ukraine.

Axios · Jul 21, 2022

ECB hikes interest rates by 0.5% in its first rise in 11 years

Move will add pressure on Bank of England to follow suit

Evening Standard · Jul 21, 2022

Jubilee weekend fails to lift spirits at London pub operator Mitchells & Butlers

Inflation hits customer spending power and lifts costs across the hospitality industry

Evening Standard · Jul 21, 2022

Tory leadership race: Five key challenges for next Prime Minister

What’s top of the in-tray for Rishi Sinak or Liz Truss?

Evening Standard · Jul 21, 2022

Europe's central bank to join global push for higher rates

The European Central Bank is ready to join the U.S. Federal Reserve and the Bank of England in a global rush to raise interest rates and put a lid on galloping inflation

The Independent UK · Jul 21, 2022

Liz Truss vows to ‘bulldoze through’ policies needed to save Britain from recession

The Foreign Secretary denied her proposed tax cuts of around £30 billion would worsen the cost-of-living crisis by fuelling inflation

Evening Standard · Jul 21, 2022

The Mancunian Way: Stubbed toes in A&E

Read the Mancunian Way newsletter for Wednesday July 20, 2022.

Manchester Evening News · Jul 21, 2022

Soaring inflation pushes interest payments on UK debt to record high in June

Potential for future tax cuts narrows with budget deficit on course to top £100bn this year

The Guardian - UK · Jul 21, 2022

Asda, Tesco, Sainsbury's, Morrisons and Lidl shoppers issued bleak £454 warning

The report found that grocery price inflation has leapt a whopping 9.9% over the four weeks.

Daily Record · Jul 21, 2022