The Latest Breaking News from Inflation

View from The Hill: Chalmers warns he'll deliver bad news in parliament's first week

The first week of the new parliament will contain some depressing news, with Treasurer Jim Chalmers on Monday softening up the community to expect a “confronting” statement on the economy.

The Conversation · Jul 18, 2022

2 Value Stocks Every Investor Will Want to Look at This Summer

Concerns over aggressive interest rate rises to confront multi-decade high inflation, and the risk of an economic recession have all contributed to recent market volatility, leading the stocks of some high-quality companies to trade at attractive valuations. So, we believe fundamentally good value stocks Adam Resources & Energy (AE) and…

StockNews.com · Jul 18, 2022

NatWest announces £1.25 billion package for farmers facing inflation challenges

The capital will be deployed through new loans, asset finance and increased overdraft limits

Insider UK · Jul 18, 2022

UK interest rates could top 2% in next year, says Bank of England’s Saunders

Monetary policy committee member says Bank must act to prevent high inflation becoming embedded

The Guardian - UK · Jul 18, 2022

The risk the big F1 teams face with the updated cost cap

After months of wrangling about the impact of inflation on the Formula 1 cost cap a resolution was finally agreed on the eve of the Austrian GP.

Motorsport · Jul 18, 2022

Direct Line issues profit warning as inflation drives up cost of claims

Insurer’s shares fall as higher used car prices, costlier parts and longer repair times weigh on business

The Guardian - UK · Jul 18, 2022

Higher inflation won’t hurt T.N.’s economy: Palanivel Thiaga Rajan

Finance Minister says Tamil Nadu will hit its growth targets

The Hindu · Jul 18, 2022

Homeowners warned interest rates could soar over 2 per cent

Millions of homeowners have been put on notice of a higher than expected rise in interest rates over the next year as one of the Bank of England’s rate setters said they may have to be lifted to 2 per cent or higher to tame soaring inflation.

Evening Standard · Jul 18, 2022

Interest rates could hit 2% or higher in the next year, says Bank policymaker

Outgoing Monetary Policy Committee member Michael Saunders said increases ‘still have some way to go’ in order to get inflation under control.

The Independent UK · Jul 18, 2022

Economics of War: Pain for Europe Now, Later for Russia

Across Europe, signs of distress are multiplying as Russia’s war in Ukraine drags on. Food banks in Italy are feeding more people. German officials are turning down the air conditioning as they prepare plans to ration natural gas and restart coal plants. A giant utility is asking for a taxpayer…

Asharq Al-Awsat · Jul 18, 2022