Inflation

Latest financial news and figures on UK inflation on inews.co.uk

Article thumbnail: Britain's Chancellor of the Exchequer Jeremy Hunt attends a joint press conference following the signature of the EU-UK Memorandum of Understanding on financial services regulatory cooperation at the EU headquarters in Brussels on June 27, 2023. (Photo by Kenzo TRIBOUILLARD / AFP) (Photo by KENZO TRIBOUILLARD/AFP via Getty Images)
Politics

Tory MPs dismayed at Jeremy Hunt's warning that hopes of tax cuts before election are fading

Jeremy Hunt has said cutting inflation is ‘going to be more challenging than we thought’ and ruled out tax cuts before it is lowered

Vicky Spratt

'A crisis is coming': Falling house prices are just the start

Property and Mortgages

When mortgages could go down as high street lenders hike rates again

Article thumbnail: BRUSSELS, BELGIUM - JUNE 27: British Chancellor of the Exchequer Jeremy Hunt and the EU Commissioner for Financial services, financial stability and Capital Markets Union (Unseen) talk to media after they sign a Memorandum of Understanding on financial services and regulatory cooperation in the Berlaymont, the EU Commission headquarter on June 27, 2023 in Brussels, Belgium. This memorandum of understanding "is an important step in post-Brexit relations between the United Kingdom and the EU", says the Treasury in its press release, recalling that British financial services, engines of the economy across the Channel, weighed 12,790 billion (11,000 billion ??) in 2020, of which 44% on behalf of international customers including from the EU. (Photo by Thierry Monasse/Getty Images)
Business

Ask Rocio: How will watchdogs get fair deals for consumers?

Hamish McRae

I was wrong about UK interest rates – economists like me need to understand why

Article thumbnail: STOKE-ON-TRENT, ENGLAND - MARCH 03: A lady walks past a street of terraced houses advertising properties To Let on March 03, 2021 in Burslem, England. UK Chancellor, Rishi Sunak, announced the return of 95% mortgages to help first-time buyers. He also announced that house buyers would be exempt from paying stamp duty for a further three months with the scheme ending on 31st June 2021. (Photo by Nathan Stirk/Getty Images)
Article thumbnail: STOKE-ON-TRENT, ENGLAND - MARCH 03: A lady walks past a street of terraced houses advertising properties To Let on March 03, 2021 in Burslem, England. UK Chancellor, Rishi Sunak, announced the return of 95% mortgages to help first-time buyers. He also announced that house buyers would be exempt from paying stamp duty for a further three months with the scheme ending on 31st June 2021. (Photo by Nathan Stirk/Getty Images)
Article thumbnail: File photo dated 29/09/22 of The Bank of England, which is expected to push interest rates higher on Thursday in what analysts believe will be one of the last in a cycle of successive hikes. PA Photo. Issue date: Sunday January 29, 2023. The decision will pile more pressure on already-strained borrowers, but with inflation beginning to edge back down off its highs, economists say there is a glimmer of hope in the economy's more distant future. See PA story ECONOMY Rates. Photo credit should read: John Walton/PA Wire
Article thumbnail: File photo dated 29/09/22 of The Bank of England, which is expected to push interest rates higher on Thursday in what analysts believe will be one of the last in a cycle of successive hikes. PA Photo. Issue date: Sunday January 29, 2023. The decision will pile more pressure on already-strained borrowers, but with inflation beginning to edge back down off its highs, economists say there is a glimmer of hope in the economy's more distant future. See PA story ECONOMY Rates. Photo credit should read: John Walton/PA Wire
Article thumbnail: A view of the Bank of England as it is poised to raise interest rates for the 13th time in a row after disappointing inflation figures showed price rises have not eased. Picture date: Thursday June 22, 2023. PA Photo. See PA story ECONOMY Rates. Photo credit should read: Aaron Chown/PA Wire
Article thumbnail: A view of the Bank of England as it is poised to raise interest rates for the 13th time in a row after disappointing inflation figures showed price rises have not eased. Picture date: Thursday June 22, 2023. PA Photo. See PA story ECONOMY Rates. Photo credit should read: Aaron Chown/PA Wire
Article thumbnail: FILE PHOTO: A employee walks inside a Sainsbury???s supermarket in Richmond, west London, Britain, June 27, 2022. Picture taken June 27, 2022. REUTERS/Henry Nicholls/File Photo
Article thumbnail: FILE PHOTO: A employee walks inside a Sainsbury???s supermarket in Richmond, west London, Britain, June 27, 2022. Picture taken June 27, 2022. REUTERS/Henry Nicholls/File Photo