Category : Search result: inflation drop


UK Retail Sales Crash Amid Soaring Inflation

New data reveals a sharp decline in UK retail sales, with like-for-like growth turning negative. Soaring food inflation and the cost-of-living crisis are forcing consumers to cut back severely on non-essential spending.

Cracker Barrel's 'Woke' Rebrand Sparks Fury and Sales Crash

Iconic US restaurant chain Cracker Barrel faces a fierce customer backlash and plummeting sales after a drastic 'woke' rebrand alienates its conservative core base. The brand's attempt to modernise its values has been met with accusations of betrayal and

London House Prices Plummet in First Annual Drop Since 2012

Exclusive analysis of the latest ONS figures reveals a significant shift in the UK property market, with London leading a national downturn. Discover which regions are hardest hit and what it means for homeowners and buyers.

UK Inflation Rises, Halting Bank of England Rate Cuts

UK inflation unexpectedly jumped to 2.3% in July, dashing hopes for an August interest rate cut. Soaring air fares and rising clothing costs are blamed, putting the Bank of England's next move under intense scrutiny.

UK Inflation Rises to 2.5%, Dashing Rate Cut Hopes

In a fresh blow to household budgets, UK inflation rose to 2.5% in April, driven by soaring energy bills and stubborn service costs. The surprise jump dashes hopes for an imminent Bank of England interest rate cut, prolonging the cost-of-living squeeze fo

Grandfather fined £100 for airport drop-off

A grandfather was slapped with a £100 penalty for stopping briefly at Manchester Airport to drop off his family. Critics argue the enforcement is excessive, sparking debate over airport drop-off rules.

UK private rents drop for first time in five years

For the first time since 2020, average private rents in Great Britain have fallen, offering relief to tenants amid a cost-of-living crisis. Discover the latest trends and regional variations.

Bank of England holds rates at 5.25%

The Bank of England has kept interest rates unchanged at 5.25% for the fifth consecutive meeting, as inflation remains stubbornly above target. Governor Andrew Bailey signals cautious optimism but warns of persistent risks.

UK shop prices fall for first time since 2021

Shop prices in the UK have fallen for the first time in over two years, offering much-needed relief to struggling families as inflation slows. The British Retail Consortium reports a 0.1% decline in June.

Love Island shake-up as ratings plummet

ITV's hit reality show Love Island is reportedly undergoing a dramatic overhaul after disappointing viewer numbers, with producers scrambling to revive its former glory.

UK inflation rises to 4% in December

UK inflation surges unexpectedly to 4% in December, driven by rising tobacco and alcohol prices. Experts warn of prolonged cost-of-living pressures as the Bank of England faces tough rate decisions.

US Inflation Cools as Trump Tariffs Loom

New data shows US inflation easing in June, but economists warn Trump’s proposed tariffs could reverse progress. Here’s how it impacts markets and consumers.

Trump's Economy Hit by Soaring Grocery Prices

As inflation continues to surge, grocery prices skyrocket, dealing another blow to Trump's economic record. Experts warn of prolonged financial strain for households.

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