The Latest Breaking News from Inflation

Jacob Rees-Mogg says EU red tape ‘revolution’ will not create Wild West

The Cabinet Office Minister has not set a target for how much remaining EU law on UK statute books would end up being removed or reformed.

The Independent UK · Jun 22, 2022

Jacob Rees-Mogg boasts his banker pals are 'jogging along' as inflation causes misery for millions

The Brexit minister made the boast as he pledged to hack away at swathes of laws and regulations from the European Union.

Daily Record · Jun 22, 2022

Royal Mail could be next workers to go on strike amid calls for ‘no strings’ pay rise

Communication Workers Union seeking inflation-based wages increase for its members

The Independent UK · Jun 22, 2022

Food and fuel fire highest inflation for 40 years

Good news! The rate by which prices are rising is increasing but by less than in previous months. Yes, that still takes inflation (9.1 per cent) to a 40-year high and sure, the Bank of England is forecasting 11 per cent by the autumn. But you take your wins where…

Evening Standard · Jun 22, 2022

Without a proper plan, stagflation will be the least of Britain’s problems

Rising prices and recession mean the last thing the government should do is muddle through and leave everything to the market, writes economics editor Larry Elliott

The Guardian - UK · Jun 22, 2022

3 Falling Stocks That Aren't Likely to Rebound Anytime Soon

Rising inflation and the Fed’s potential interest rate hikes to control it, combined with other economic uncertainties, have led to massive stock market sell-offs. Consequently, many fundamentally weak stocks have lost significantly. Carnival Corporation (CCL), NIO Inc. (NIO), and Shopify (SHOP), which are down more than 30% year-to-date, may not…

StockNews.com · Jun 22, 2022

Energy bills to soar to cover costs of suppliers going bust as inflation hits 9.1%

Back in September, over 30 energy firms collapsed under the pressure of the energy crisis. Now households are being warned that they will be charged to cover the cost.

Glasgow Live · Jun 22, 2022

DWP ‘broken’ benefit cap could see 35,000 more families miss out on extra money next April

If the benefit cap was uprated with inflation, awards would be £3,670 higher than they are now.

Daily Record · Jun 22, 2022

Pay rises in line with inflation ‘reckless’, says Downing Street

Workers asked to accept below-inflation pay hikes while pensions and benefits set for double-digit rise

The Independent UK · Jun 22, 2022

Winnebago Industries Q3 Earnings Top Estimates; Warns On Inflation Pressures

Winnebago Industries Inc (NYSE:WGO) reported third-quarter FY22 sales growth of 52% year-on-year, to $1.46 billion, beating the consensus of $1.20 billion. Towable segment revenue grew 45% Y/Y to $805.6 million, driven by pricing increases and solid unit growth due to a strong dealer order backlog. Motorhome revenue of $516.3 million increased 34% Y/Y.…

Benzinga · Jun 22, 2022