16 h. ago Why has inflation risen unexpectedly and what does it mean for households?

Official data showed Consumer Prices Index inflation rose to 3.6% in June, up from 3.4% in May and the highest since January 2024.

Economics

17 h. ago Inflation latest: Rising fuel and food costs behind surprise rise

Latest on UK figures data plus stock markets updates, business and money news on Wednesday

Economics

19 h. ago Inflation latest: June figures show unexpected rise to 3.6% as fuel and food costs continue to increase

Latest on UK figures data plus stock markets updates, business and money news on Wednesday

Economics

19 h. ago Another huge blow for Rachel Reeves as inflation RISES to 3.6% defying predictions from analysts leaving hopes of interest rate cuts in the balance

The headline CPI rate had been expected to stay on hold at 3.4 per cent in the year to June, but instead increased to 3.6 per cent.

Economics

19 h. ago UK inflation rises unexpectedly to 3.6% driven by food and fuel prices

Annual increase in June follows two months of negative growth and with speculation mounting over tax risesBusiness live – latest updatesUK inflation unexpectedly rose in June driven by fuel and food prices, according to official figures, underscoring the challenge facing the chancellor, Rachel Reeves.The Office for National Statistics said the consumer prices index rose by 3.6% last month, up from a reading of 3.4% in May. City economists had forecast an unchanged reading. Continue reading...

Economics

20 h. ago Inflation latest: June figures show unexpected rise to 3.6% as fuel costs continue to increase

Latest on UK figures data plus stock markets updates, business and money news on Wednesday

Economics

20 h. ago UK inflation rises unexpectedly to 3.6% as Labour faces economic scrutiny

Annual increase in June follows two months of negative growth and with speculation mounting over tax risesBusiness live – latest updatesUK inflation unexpectedly rose in June, according to official figures, adding to the pressure on the chancellor, Rachel Reeves.The Office for National Statistics (ONS) said the consumer prices index rose by 3.6% last month, up from a reading of 3.4% in May. City economists had forecast an unchanged reading. Continue reading...

Economics

34 h. ago DWP makes major Universal Credit change with UK households given £725 boost

The Department for Work and Pensions has announced that the Universal Credit standard allowance will permanently rise above inflation, amounting to £725 by 2029/30 in cash terms for a single person aged 25 or over

Economics

3 d. ago Nurses strike threat rises as data shows they're now £8,000 worse off a year

Royal College of Nursing (RCN) figures show 'collapsing' wages are deepening a workforce crisis, with nurses £8,000 worse off than they would be if pay rises were in line with inflation

Events

6 d. ago Millions of households on DWP Universal Credit to get extra £725 a year

The Universal Credit standard allowance will permanently rise above inflation, amounting to £725 by 2029/30

Economics

2 w. ago Watch: The supermarket that wins in the cost of living crisis

Inflation is continuing to rise in food products 🥦

Economics

3 w. ago Business news live: Oil prices latest as FTSE 100 rises and UK pay growth slows to below inflation rate

Stock markets latest updates and business news on Tuesday

Economics

3 w. ago Business news live: FTSE 100 rises and new data shows UK pay growth slows to below inflation rate

Stock markets latest updates and business news on Tuesday

Economics

3 w. ago Courts pushing back on corporate carbon offsetting claims, LSE report finds

Scrutiny of how companies plan to meet climate commitments is growing, with many successful legal challengesJudges across the world are proving sceptical of companies’ attempts to offset their greenhouse gas emissions by buying carbon credits, a report has found.In an analysis of nearly 3,000 climate-related lawsuits filed around the world since 2015, the latest annual review of climate litigation by the London School of Economics found action against corporations in particular was “evolving”, with growing scrutiny of how companies plan to meet their stated climate commitments. Continue reading...

Events

3 w. ago Cheapest places to rent: The UK cities where rent is rising fastest, and one where it is falling

The cost of renting is continuing to rise across most of the UK, but the rate of inflation has slowed to its lowest level since July 2001.

Politics

4 w. ago Voices: Who’s to blame for food price hikes – supermarkets or Rachel Reeves?

The retail giants point the finger at the chancellor’s business tax rises as food inflation jumps to 4.4 per cent – so are they right, and will mortgages and petrol pump prices be next, asks James Moore

Economics

4 w. ago More woe for Rachel Reeves as 'sticky' inflation defies expectations to hold at 3.4%

Official figures showed headline CPI stuck at 3.4 per cent in May, worse than the 3.3 per cent analysts had pencilled in.

Economics

4 w. ago New blow for Rachel Reeves as inflation stays at 3.4 per cent

The latest data from the Office for National Statistics (ONS) means prices were still rising in May at a similar rate to April when a raft of bills increased for households up and down the country.

Economics

4 w. ago UK inflation set to cool as prices settle following April bill rises

The rate of Consumer Prices Index inflation is expected to have fallen to 3.3% in May, from 3.5% in April, according to a consensus of analysts.

Economics