3 h. ago Bono says he lived on instant mash and airplane food as a teenager after his mother died

‘Thinking back to being a teenager, food was just fuel,’ Bono told River Café’s Ruthie Rogers

Society

8 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

8 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

10 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

11 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

11 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

11 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

11 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

26 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

66 h. 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

5 d. ago Cash is scarce in Gaza. Palestinians are paying a high price to get it

Cash is the lifeblood of the Gaza Strip’s shattered economy, and like all other necessities in this war-torn territory — food, fuel, medicine — it is in extremely short supply

Economics

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

1 week ago WW3 fears rise as warning issued over emergency stockpiles of food, medicine and fuel

The European Union is urging its member states to build up emergency stockpiles of critical resources, including food, medicine and nuclear fuel, as it prepares for potential conflict

Events

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 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 UK transport secretary calls HS2 an ‘appalling mess’ as she confirms delay

Heidi Alexander vows to ‘sort out’ HS2 project; UK inflation dips to 3.4% as transport costs ease while food prices jumpUK inflation eases to 3.4% amid falling fuel and air fare pricesInflation pressures remain sticky in the UK, according to Rob Wood, chief UK economist at Pantheon Macroeconomics.Looking ahead, we continue to expect CPI inflation to average 3.4% for the rest of the year as strong wage growth, minimum wage hikes and tax increases pass through to retail prices. We think headline inflation will struggle to dip below 3% before April 2026. By that point, inflation will have been above target almost continuously for five years, risking further deanchoring of inflation expectations and persistent wage pressure.Granted, US president Trump’s trade war could lead to some diversion of Chinese exports previously bound to the US, which could cut UK inflation. But war in the Middle-East has boosted oil and natural gas prices, adding 10bp to our forecast inflation peak and risks p...

Politics

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