Category: Inflation

Government under pressure on economy as British households anticipate worsening finances

CBI says businesses plan to cut jobs and raise prices while debt charity says millions are ‘facing worries’The government is under growing pressure to get momentum back into the economy amid warnings that businesses...

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Surprise fall in UK inflation to 2.5% eases pressure on Rachel Reeves

ONS data shows CPI below reading of 2.6% in November, meaning prices rose at a slower rateUK inflation unexpectedly fell in December, handing some breathing space to the chancellor, Rachel Reeves, after a week of turbulence in...

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UK inflation hits eight-month high, adding to pressure to hold interest rates

Annual rate increases to 2.6% in November, driven by rising cost of groceries and hike in tobacco duty in budgetBusiness live – latest updatesUK inflation has risen to its highest level in eight months, adding to pressure...

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UK job vacancies fall at fastest rate since pandemic as business confidence slumps

Blow to Labour growth hopes as poll finds demand for staff falling at ‘sharp and accelerated pace’, particularly in permanent rolesThe number of job vacancies in November fell at the fastest rate since the start of...

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Energy bills, mortgages, food: will cost of living surge again under Labour?

The government claims to be fixing the economy but households may face more pressure in the months ahead Labour swept to power in the wake of a cost of living crisis that hit households hard, with the price of food and energy...

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