Category : Search result: economic inflation


IMF Slashes UK Growth Forecast in Blow to Starmer

The International Monetary Fund's stark growth downgrade exposes the economic challenges awaiting Labour's new government, with inflation concerns and fiscal constraints threatening Keir Starmer's ambitions.

UK Has Worst Inflation Among Advanced Economies

Exclusive analysis reveals Britain is suffering the worst inflation among world's wealthiest nations, with families facing unprecedented cost of living pressures as prices continue to soar.

Tesco sales jump as grocery inflation persists

Britain's largest supermarket Tesco reports strong sales growth as consumers flock to value ranges, while Asda sees inflation ease but food prices remain high across UK supermarkets.

IMF Warning: Global Economy Faces Perfect Storm

IMF Managing Director Kristalina Georgieva warns of multiple economic dangers converging simultaneously, urging nations to prepare for turbulent times ahead as growth forecasts darken.

True Patriotism: Solving Britain's Cost Crisis

As energy bills skyrocket and household budgets crumble, Keir Starmer's government faces the real test of patriotism - delivering economic security rather than symbolic gestures.

JPMorgan CEO Dimon Issues Recession Warning

JPMorgan Chase CEO Jamie Dimon sounds alarm on economic turbulence ahead, highlighting inflation pressures and geopolitical risks that could impact British businesses and households.

Gold Prices Hit Record High Amid Economic Fears

Gold prices have surged to unprecedented levels as investors seek safe havens amidst growing economic uncertainty and inflation concerns. Discover the factors behind this historic rally and what it means for your investments.

RBA Bets Against Rate Cut Despite Economic Signals

The Reserve Bank of Australia appears poised to pause interest rate cuts, signalling confidence in the economy despite contradictory data. Analysis suggests the RBA believes current conditions are stronger than indicators show.

FTSE 100 Plummets as UK Economy Shows Strain

London's FTSE 100 index faces significant losses amid economic stagnation fears and global market uncertainty. Expert analysis reveals what's next for UK investors.

UK Economy to Lag Behind with High Inflation Until 2025

Britain's economic growth is set to lag behind other advanced nations with inflation remaining stubbornly high, according to a damning new OECD report that highlights the UK's ongoing cost-of-living crisis.

OECD: UK to Lead G7 Growth in 2025 as Inflation Falls

The Organisation for Economic Co-operation and Development predicts the UK will be the fastest-growing economy in the G7 next year, with inflation expected to return to the Bank of England's 2% target. Chancellor Jeremy Hunt welcomes the 'major improvemen

Gold Prices Surge: Best Year Since 1979

Gold hits record highs as UK growth slows and global economic fears mount. Discover why investors are flocking to the safe-haven asset and what it means for your finances.

Greggs & Pret Prices Soar Amid UK Food Inflation

New data reveals sharp price increases for UK lunchtime staples. Greggs sausage rolls and Pret's meal deals hit record highs as retailers grapple with persistent inflation pressures.

UK Economy Stagnates with 0.0% GDP Growth in April

New figures from the Office for National Statistics show the UK's economic recovery stalled in April 2024, with zero growth following a 0.4% expansion in March. The services sector slowed while production fell, casting a shadow over the government's pre-e

Bank of England holds interest rates at 5.25%

The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates. Governor Andrew Bailey warns of persistent inflationary pressures despite economic slowdown.

Powell Warns: High Inflation to Delay Rate Cuts

Federal Reserve Chair Jerome Powell delivers sobering testimony, indicating prolonged high interest rates as inflation proves more persistent than anticipated, sending ripples through global markets.

UK Inflation Stuck at 3.8% in August

New ONS data reveals UK inflation remained stubbornly high at 3.8% in August, dashing hopes of a drop and piling pressure on the Bank of England. We break down the key drivers and what it means for your wallet.

UK Inflation Holds Steady at 3.8% in July

UK inflation remained unchanged at 3.8% in July, defying expectations of a fall. The surprise hold puts pressure on the Bank of England and impacts household budgets amid the cost of living squeeze.

UK Inflation Plunges to 2.3%, Nearing BoE Target

In a dramatic shift, UK inflation has fallen to its lowest level in nearly three years, hitting 2.3% in April. This brings it tantalisingly close to the Bank of England's 2% target, putting a summer interest rate cut firmly on the table. Discover what thi

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