UK Food Inflation: The Shocking Reasons Prices Are Still High
New analysis reveals the complex mix of global and domestic factors, from climate change to Brexit, that are keeping UK food inflation stubbornly high and squeezing household budgets.
New analysis reveals the complex mix of global and domestic factors, from climate change to Brexit, that are keeping UK food inflation stubbornly high and squeezing household budgets.
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.
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
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Official figures show UK inflation eased in June, driven by summer discounts on clothing and stable food prices. What does this mean for consumers and the economy?
UK inflation unexpectedly climbs to 3.6%, dealing a blow to Chancellor Rachel Reeves and economists who predicted a slowdown. The surprise rise delays hopes for interest rate cuts and sparks fresh economic concerns.
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.
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