Ofgem boss reignites calls to reform energy price cap as winter looms October 19, 2023 Ofgem boss Jonathan Brearley has doubled down on his criticisms of the energy price cap, raising doubts over its future role in the market.
Inflation across the world and in the UK will likely be stuck at a higher rate October 19, 2023 The very forces that kept inflation down - the labour market, less defence spending and energy prices - are now keeping it high and will be with us for years to come.
Steady inflation should not set alarm bells ringing at the Bank of England — yet October 18, 2023 After the excitement of August's surprise drop in inflation, September's figures cannot help but feel a bit disappointing.
Inflation remains stuck at 6.7 per cent due to rising fuel prices as Bank of England’s battle continues October 18, 2023 The data will do little to reassure the Bank of England that its task to tackle inflation is over.
UK to avoid recession despite Bank of England interest rate rises, EY predicts October 16, 2023 The UK will avoid a recession despite the impact of the Bank of England's interest rate hikes, new forecasts from the EY Item Club say.
Surging gas prices expose cost crisis for consumers this winter October 16, 2023 Gas prices have soared this week, with geopolitical volatility rattling spot markets - but the real concern should be bills not supply shortages.
Inflation to continue falling despite rising energy prices, experts predict October 15, 2023 Falling food prices are expected to help bring down the annual rate of inflation in September.
Pound slumps as US inflation remains stuck at 3.7 per cent in September October 12, 2023 Sterling slumped after US inflation came in slightly ahead of expectations.
Brits to face higher bills as Ofgem grapples with rising debts October 12, 2023 Households will be on the hook for Ofgem's plans to stabilise the energy sector to reduce the risk of suppliers going bust.
Interest rates: Wholesale inflation in US rises ahead of crucial consumer price data tomorrow October 11, 2023 US wholesale prices rose last month at the fastest pace since April, suggesting that inflationary pressures remain despite a year-and-a-half of higher interest rates.