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20879 Search results for Inflation

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  • Reducing net migration has superseded the other four of the Prime Minister’s five key pledges

    December 23, 2023

    Nobody can doubt the Prime Minister’s commitment to his five priorities, but his new policy to curb migration has just made it even harder to deliver them, writes Ian Robinson

  • Best of opinion 2023: Housing special

    December 22, 2023

    Housing was a hot topic in 2023 – prices may have lowered a little (though by less than expected) but punishing mortgage rates and the impact of inflation have squeezed would-be buyers and sparked a mass landlord exodus. Renters’ rates have rocketed, up around 10 per cent year on year. All in all Londoners are [...]

  • Rail fares to go up by 4.9 per cent in March next year

    December 22, 2023

    Regulated rail fares in England will increase by up to 4.9 per cent next year, in a blow to UK commuters.

  • Wind industry facing turbulence in US and Europe as China emerges as low-cost competitor

    December 22, 2023

    Margins in Europe and the US have been squeezed amid low demand, supply chain disruptions and construction delays, but prices in China have fallen dramatically.

  • London Underground staff plan strikes in January. Here are the dates you need to know about

    December 22, 2023

    Members of the Rail, Maritime and Transport union (RMT) have voted overwhelmingly to take industrial action over a 5% pay offer.

  • Falling UK debt interest may allow room for tax cuts, Jeremy Hunt says

    December 22, 2023

    Lower levels of UK debt interest may allow room for the government to cut taxes, UK Chancellor Jeremy Hunt has said.

  • Retail sales growth exceeds expectations on back of Black Friday

    December 22, 2023

    Retail sales grew stronger than expected last month as shoppers snapped up Black Friday bargains and bought Christmas presents, according to official figures. The Office for National Statistics (ONS) revealed that retail sales volumes increased by 1.3 per cent in November. It was ahead of the predictions of economists, who had forecast 0.4 per cent [...]

  • Falling mortgage rates to provide support for house prices in 2024

    December 21, 2023

    Interest rates are expected to fall in the first half of next year after new figures showed that inflation dropped to 3.9 per cent in November, down sharply from 4.6 per cent the month before.

  • ‘Expect volatility’: How will sterling perform in 2024?

    December 21, 2023

    Traders around the world are dialling back their expectations for where interest rates will sit by the end of 2024.

  • UK retailers report weak December sales, downbeat about January

    December 21, 2023

     British retailers reported a downturn in already weak sales this month as consumers feel the squeeze from high borrowing costs and inflation, and they are gloomier about the start of 2024, a Confederation of British Industry survey showed on Thursday. The CBI’s monthly retail sales balance, a gauge of sales over the year to December, [...]

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