Hunt has raided the piggy-bank for his tax cuts. Will it work? November 23, 2023 By spending all of the extra inflation windfall in one go, its hard to avoid the conclusion that Hunt has taken a big gamble.
Soft drink maker Britvic posts boosted revenue amid warnings of inflation ‘across business’ January 27, 2022 Soft drink maker Britvic has reported soaring quarterly revenue even as hospitality venues were impacted by a return of Covid measures last month. The FTSE-250 firm posted total revenue hit £373.9m on a constant currency basis, up 16.5 per cent compared to the October to December period in the previous financial year. Total revenue rose [...]
Bank of England finds no evidence of greedflation among UK firms November 16, 2023 Firms in the UK and the EU have not been using the cover of inflation to gouge their customers, new research from the Bank of England suggests.
Moving markets today: What’s shaping the FTSE 100 this morning November 13, 2023 Moving markets: FTSE 100 traders set to keep an eye on Asian inflation figures, oil prices and the US debt ceiling
‘A long way to go’: Fed chief signals possible interest rate hike November 10, 2023 Jay Powell said he is 'not confident' that the fight against inflation is won, hinting at the need for a further Fed interest rate hike
Office for National Statistics throws men’s suits out of inflation calculation basket and adds meat-free sausages March 14, 2022 The Office for National Statistics (ONS) has added meat-free sausages, sports bras and anti-bac wipes to the basket of goods its statisticians use to calculate price hikes. In its annual shake up of the basket, the ONS added 19 items to its Consumer Prices Index and threw out 15 items. Products to be added include [...]
Brits brace for multi-pronged living standards crunch as inflation hits new 30-year high February 16, 2022 Brits will be hit by a multi-pronged squeeze on their living standards this year, economists are warning after new figures published today revealed inflation has climbed to a fresh 30-year high. A combination of accelerating price rises, tax hikes and higher interest rates will erode Brits’ finances at the worst rate since the late 1940s, [...]
Bank of England’s Haskel prefers holding rates on back of ‘tight’ labour market July 8, 2024 A Bank of England rate-setter said he would prefer to leave interest rates on hold to ensure the surge in inflation has been decisively tamed.
Inflation nears 30-year high as consumer price index climbs to 5.5 per cent February 16, 2022 UK inflation has remained at a near 30-year high after rising further in January as Britain remains in the grip of a tightening cost-of-living squeeze, according to official figures. The Office for National Statistics (ONS) said Consumer Prices Index (CPI) inflation reached 5.5 per cent in January, up from 5.4 per cent in December and [...]
The FTSE 100’s biggest winners of 2023 December 28, 2023 It has been a tumultuous year on London’s markets as a cocktail of inflation, aggressive rate hikes and geopolitical instability roiled listed equities.