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Economy

Living costs rise as inflation rate ticks up

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Households are braced for further pressure on living costs as inflation rose last month while wage growth remained static.

Cost of living falls

Inflation plunge creates rates poser for Bank

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Inflation fell to 2.5% in March, from 2.7% in February, a bigger decline than had been expected. 

Slip in cost of living

Inflation dip may not halt interest rate rise

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A fall in inflation from 3% to 2.7% in February may not be enough to prevent the Bank of England raising interest rates in May, say analysts.

As key Scottish exports rise..

Deputy governor calms markets on rate hikes

A deputy governor of the Bank of England said the slump in markets probably reflected a failure by investors to price in the likelihood of inflationary pressures

Inflation fell to 3% in December from 3.1% in November, according to official statistics

Nancy Curtin, chief investment officer at Close Brothers Asset Management, said: “Consumers will breathe a sigh of relief that escalating living costs are showing signs of abating. “The Brexit vote broughtRead More

Survey of 1,000 savers

Investors fear inflation and rates more than Brexit

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Investors view rising inflation and low interest rates as more of a threat to their wealth than Brexit, according to a new survey.

Bank expected to act next month

Interest rate rise more likely as inflation hits 3%

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Inflation hit 3% in September, as expected, adding to speculation of an interest rate rise next month...

Tuesday markets

Pound falls on inflation data as FTSE steadies

London Stock Exchange
Investors expressed relief that inflationary pressures eased last month, allowing markets to maintain their current buoyancy. The news that inflation remained unchanged at 2.6% in July saw the pound fallRead More

Prices decline in June

Rate rise pressure eases as inflation in surprise fall

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A rise in interest rates looked less likely after inflation fell unexpectedly..

Cost of living going up

Inflation rise should prompt VAT cut says Cameron

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Inflation's rise to 2.9% has reinforced the case for a temporary reduction in VAT ..