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Tag: inflation

Retailers remain cautious as...

Inflation fall means £220 boost to state pension

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Pensioners will receive a boost from the latest inflation figures which came in lower than expected. The Consumer Prices Index (CPI) inflation rate fell from 2.7% to 2.4% in September,Read More

Cost of living rises

Firms face £80m rates bill after inflation hits six month high

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Firms struggling with rising costs have reacted with alarm after the inflation rate soared unexpectedly to 2.7%. If this holds until next month, when the CPI figure is used toRead More

Hot summer hits crops

Shoppers facing first hike in prices in more than five years

Buchanan Street Glasgow, shopping
Shoppers are paying for the long,hot summer with the first hike in prices in more than five years.

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...