Moto raises prices to battle inflation as motorway service station giant’s owners mull £2bn sale July 10, 2024 Motorway service station giant Moto upped its prices to help battle the rise in costs during its latest financial year as its owners weigh up putting the company up for sale for £2bn.
FTSE 100 close: London markets close in the green after US inflation print August 10, 2023 London’s markets ended higher as investors were boosted by data which suggested the US had got a firm grip on its inflation problem. The FTSE 100 index ended 0.4 per cent higher up to 7,616.38 while the mid-cap FTSE 250 index climbed 0.3 per cent to 18,986.76. Although US inflation increased slightly for the first [...]
Inflation set to fall – but fears Red Sea crisis could push prices higher take hold January 15, 2024 December's inflation data will be released amid widespread concern that an escalation of conflict in the Middle East could see a resurgence in inflation.
The Notebook: George Lagarias on why we’ve all been asking the wrong question about inflation January 15, 2024 George Lagarias, chief economist at Mazars, takes the Notebook pen to talk inflation, films and Winter Wonderland.
UK economy will ‘flatline’ as stubborn inflation and a tight jobs market drag on growth June 8, 2023 Britain remains on course to dodge a recession this year but growth will "flatline" as stubborn inflation and a tight jobs market continue to drag on the economy, according to the latest forecast from the British Chambers of Commerce.
Triple lock: Pensioners could be set for inflation-busting state pension rise next April October 18, 2023 Under the triple lock, the state pension usually rises each April by inflation, wages or 2.5 per cent – whichever is higher.
Inflation to remain above Bank of England’s target until 2025, think tank warns August 9, 2023 Inflation may remain above the Bank of England’s two per cent target for the next few years as price increases have increasingly spilled over into the wider economy, a think tank warned today. According to forecasts from the National Institute of Economic and Social Research (NIESR), inflation is forecast to fall to 5.2 per cent [...]
FTSE 100 close: London markets dip sharply after inflation remains stagnant in September October 18, 2023 Markets were uneasy after new figures showed that inflation had not budged in September after August's surprise fall.
Bank of England’s Huw Pill: Interest rates must remain high to tackle ‘persistent’ inflation October 16, 2023 Markets doubt whether a further rate hike will be necessary, but Pill reiterated that the Bank "still has some work to do in order to get back to two per cent".
Interest rates: Wholesale inflation in US rises ahead of crucial consumer price data tomorrow October 11, 2023 US wholesale prices rose last month at the fastest pace since April, suggesting that inflationary pressures remain despite a year-and-a-half of higher interest rates.