The Latest Breaking News from Samuel Tombs

Concerns mount over cost of living crisis as November figures show additional £1.2bn borrowing on cards

The cost of living crisis wrought havoc in 2022, but 2023 is not expected to be much better

Figure of £11.8bn comes as high inflation drives interest payments to a record for the month

MARKETS believe the Bank of England will unveil the biggest hike in interest rates for over three decades when its decision makers gather for a…

Inflation in the United Kingdom slowed slightly in August as a drop in gasoline and diesel fuel prices gave consumers the first glimmer of hope that Britain’s cost-of-living crisis may be beginning to ease

The cost of petrol and diesel has fallen from record highs

Almost 400,000 have exited jobs market with long-term health problems since early 2020, ONS says

Analysts say manufacturing recession has begun as new orders fall amid soaring inflation and economic uncertainty

The level is higher than forecast with experts thinking it would stay below 10%