Record pay rises fuel fresh inflation fears
Posted on 11th Jul 2023
Wages continue to rise strongly, raising the prospect of more interest rate rises by the Bank of England.
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Finance
Posts in Category: finance
Rapid pace of price rises 'embedded', forecaster warns
Posted on 14th Jul 2023
Inflation is becoming entrenched, putting pressure on the public finances, the OBR says.
Australia names first woman to lead central bank
Posted on 14th Jul 2023
Michele Bullock will succeed Philip Lowe, who has led the Reserve Bank of Australia for seven years.
The pay pain isn't over yet
Posted on 14th Jul 2023
An agreement over public sector pay doesn't mean the pressure is off altogether.
America's oldest craft brewery shuts after 127 years
Posted on 14th Jul 2023
The owner of Anchor Brewing said it could not overcome the hit from the pandemic.
How much money is the UK government borrowing, and does it matter?
Posted on 13th Jul 2023
How does government borrowing work, and how and when is the money paid back?
Public sector pay: Will rises for doctors and teachers cause inflation?
Posted on 13th Jul 2023
The government warns that increasing public sector pay could cause inflation.
Warning public debt could soar as population ages
Posted on 13th Jul 2023
Debt could rise to more than 300% of the size of the economy by 2070, the government's forecaster says.
US inflation rises at slowest pace in two years
Posted on 13th Jul 2023
Inflation rose by 3% in the year to June but US interest rates are expected to rise again.
UK economy 'listless' with little growth in four years
Posted on 13th Jul 2023
The economy shrank by 0.1% in May and has barely grown since 2019 before the pandemic.
Mortgage payments set to jump by £500 for one million households
Posted on 13th Jul 2023
Bank of England says higher interest rates are yet to hit many homes but lenders are proving resilient.
Mortgages: What happens if I am struggling to pay?
Posted on 12th Jul 2023
Many homeowners are worried about higher mortgage costs, but lenders must help those struggling.
Record pay rises fuel fresh inflation fears
Posted on 11th Jul 2023
Wages continue to rise strongly, raising the prospect of more interest rate rises by the Bank of England.
Mortgage rates soar to highest level for 15 years
Posted on 11th Jul 2023
Lenders are questioned in front of MPs on Tuesday as the average two-year fixed deal hits 6.66%.
What is the UK inflation rate and why is it so high?
Posted on 11th Jul 2023
The rate at which prices are rising remains high, driven by soaring food prices.
China top threat to UK economic security - Dowden
Posted on 11th Jul 2023
The government intervened in eight takeovers of UK firms by Chinese buyers last year, figures show
How much money is the UK government borrowing, and does it matter?
Posted on 13th Jul 2023
How does government borrowing work, and how and when is the money paid back?
Public sector pay: Will rises for doctors and teachers cause inflation?
Posted on 13th Jul 2023
The government warns that increasing public sector pay could cause inflation.
Warning public debt could soar as population ages
Posted on 13th Jul 2023
Debt could rise to more than 300% of the size of the economy by 2070, the government's forecaster says.
UK economy hit by extra bank holiday in May
Posted on 13th Jul 2023
The economy shrank by 0.1% in May, partly down to the extra bank holiday for the King's Coronation.
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