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inflation

Cut

November interest rate cut on the cards

Interest rates could be cut as early as November as the group of economists responsible for setting rates grows ever more concerned about the economic downturn. Read more
Balloons

Inflation hits kids' cash savings

Parents have been urged to petition the government and ensure that Child Trust Fund vouchers keep up with inflation. Read more

Gloomy outlook for UK economy

Consumers should expect rising prices to lead to a squeeze on their take-home pay for the foreseeable future, the Bank of England has warned, as high inflation shows no sign of abating. Read more
Kite soaring

Inflation soars to 4.4% in July

Inflation soared to an alarming 4.4% in July up from 3.8% the previous month, reflecting the rising cost of food and petrol. Read more

Cost of supermarket shop up £1,404

The cost of food has increased by nearly 30% in the past 12 months with households spending an extra £1,404 a year on their groceries. Read more
50% off

Over 50% chance of recession as economy slows

There is now over a 50% chance of the UK sliding into a recession, after the latest data reveals that the economy slowed sharply in the second quarter of 2008. Read more
Businessmen divided

Economists divided over interest rates

The team of economists that sets interest rates is divided as to whether rates should increase, decrease or stay the same. So what is the outlook for interest rates? Read more
Beef on BBQ

Rocketing food costs push inflation to 3.8%

Escalating food prices have pushed inflation up to an alarming 3.8% in June, well above the government’s official 2% target. Read more
Bank of England

Bank of England freezes interest rates at 5%

The Bank of England has voted to freeze interest rates at 5% for the third month in a row. Read more

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