The Latest Breaking News from Inflation

Union Rejects Rolls Royce's Inflation Bonus: All You Need To Know

A union representing Rolls Royce Holdings plc (OTC:RYCEY) workers in the U.K. rejected the company's offer of a £2,000 one-off payment to beat the crippling inflation, the BBC reports. The offer also included a 4% pay hike. The union known as Unite argued that the offer "falls far short of the real cost…

Benzinga · Jun 22, 2022

Which Stocks Should You Consider As Recession Hits Retail?

Retail companies have faced multiple headwinds of late, including multi-decade high inflation and persistent supply chain disruptions. With recession fears looming, many retail companies have lowered their guidance for the current year. However, not all stocks are expected to be weighed down by the recession. Kroger (KR) has raised its…

StockNews.com · Jun 22, 2022

Superannuation funds set for worst returns since global financial crisis

Superannuation funds are set to record their worst performance since the GFC as sharemarkets plunge due to high inflation and rising interest rates.

The New Daily · Jun 22, 2022

Another day of disruption as strike hangover delays commuters

Dominic Raab said the “militant activity” of unions taking industrial action cannot be allowed to win

Evening Standard · Jun 22, 2022

Kuwait Looks Forward to Invest in US Infrastructure

The Kuwait Investment Authority (KIA) is waiting for a further expected decline in global markets before deploying investments and believes that will be by the end of the year, Managing Director Ghanem al-Ghenaiman said on Tuesday. Speaking at the Qatar Economic Forum organized by Bloomberg in Doha, Ghenaiman said he…

Asharq Al-Awsat · Jun 22, 2022

Best savings accounts to beat rising costs as inflation hits 40-year high of 9.1%

Soaring inflation means higher bills for UK households, and it is also eating away at the value of any spare cash you might have - but the good news is savings deals can help ease this pressure

Daily Mirror · Jun 22, 2022

Brits warned pizza and quiche getting rapidly more expensive

Soaring prices also affecting potatoes

Wales Online · Jun 22, 2022

Former Tory minister calls 10% rise in state pension ‘ludicrous’

Jim O’Neill scathing about decision to help pensioners while forcing real-terms pay cuts on public sector workers

The Guardian - UK · Jun 22, 2022

Rishi Sunak urged to slash VAT to help families struggling due to record high inflation

Scottish Liberal Democrat Treasury spokesperson and MP for Edinburgh West Christine Jardine urged the Chancellor to do more to help struggling families.

Daily Record · Jun 22, 2022

Some Asda shoppers setting strict £30 limit at checkouts and petrol pumps

Comes as inflation soars and remains at a 40-year high

Wales Online · Jun 22, 2022