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The Latest Breaking News from Inflation

How household contracts could be fueling UK inflation

UK inflation has dropped to 3.6% but it remains well above the Bank of England’s 2% target. Beyond broader global uncertainties, there are also factors within our own homes that are quietly sustaining this stubborn issue. Namely, automatic annual price uplifts in everyday contracts for things like mobile phones and…

The Conversation

Losses shrink at Mulberry amid early progress in turnaround

Boss Andrea Baldo said it saw an ‘encouraging first half’ despite wider inflationary pressures in the sector.

Evening Standard

The days of 4% pay rises are behind us – wages are now barely growing faster than inflation

The recovery of real wages is expected to be so slow that it will take us until 2044 to get back to having as much purchasing power as in 2021

The Guardian - AU

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Watch live: Starmer faces final pre-Budget PMQs after inflation falls

Sir Keir Starmer is set to face his final Prime Minister’s Questions (PMQs) opposite Kemi Badenoch ahead of Labour’s highly anticipated Budget next week.

The Independent UK

Profit slide at Target hints at meager holiday season for the retailer

Target’s third-quarter profit tumbled as the retailer struggles to lure shoppers that are being pressed by stubbornly high inflation

The Independent UK

Fed Split Deepens As December Rate Cut Hangs In The Balance

Governor Christopher Waller has pushed for a 25-basis-point cut, citing a weakening labor market, rising reports of layoffs, and softening private-sector hiring. He argued that inflation, once temporary price pressures are excluded, is moving closer to the Fed's 2% target.

International Business Times

Why interest rates are likely to be cut after the Budget

The Bank of England opted to keep rates at 4 per cent in early November but next month will be a different proposition

The Independent UK

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Examples of where inflation jumped in October – and where it eased

The biggest downward pressure on prices came from household gas and electricity.

Evening Standard

UK inflation drops to 4-month low, paving way for December rate cut

Inflation in the U.K. fell to a four-month low in October, raising expectations of another Bank of England interest rate cut next month

The Independent UK

Bad news for property owners as house price growth slows

Average UK house price is now £272,000, according to the ONS

The Independent UK

‘Difficult news’ for homeowners as house price growth slows

The average UK house price is now around £272,000, the Office for National Statistics said.

Evening Standard

Uncertainties over economy threaten Federal Reserve interest rate cut

A December rate cut is far from certain as inflation continues to run above the Fed's target. At the same time, risks to the US job market remain.

Euronews

October inflation fall raises hopes of pre-Christmas interest rate cut

Economists think the latest inflation reading will encourage the Bank of England to reduce borrowing costs at its next decision in December.

The Independent UK

Starmer refuses to rule out freezing income tax thresholds in Budget - live updates

Starmer facing questions in Commons ahead of crunch Budget next week

The Independent UK

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The Guardian - UK

Fall in UK inflation looks like turning point that heralds interest rate cut

Rachel Reeves hints there will be budget measures to push down prices and Bank of England is likely to act

Evening Standard

UK inflation falls to four-month low after energy price hikes ease

The rate of Consumer Prices Index (CPI) inflation fell to 3.6% in October, from 3.8% in September, the Office for National Statistics said.

Evening Standard

Rate of inflation falls to 3.6% in pre-Budget boost for Reeves

Last set of inflation figures before the Budget shows food prices increases starting to pick up pace again

Evening Standard

FTSE 100 Live 19 November: Inflation dip fuels rate cut bets, WH Smith boss quits

Inflation fell to 3.6% last month as official figures today provided a pre-Budget boost for Rachel Reeves.

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The Independent UK

UK inflation drops to four-month low in pre-Budget boost for Rachel Reeves

Household services contributed the biggest decline towards overall falling inflation

The Guardian - UK

UK inflation eases for first time in five months to 3.6% before crunch budget

Drop in October’s annual rate raises hopes of interest rate cut after Rachel Reeves’s tax and spending statement

The Guardian - UK

UK inflation dips to 3.6% despite accelerating food price growth – as it happened

Chancellor Rachel Reeves will be keeping a close eye on inflation data ahead of her autumn budget, due next Wednesday.

The Conversation

Real wages have grown – just – over the past year. But they’re still down near 2011 levels

New data show wages have risen by a bit more than inflation, but overall real wages are still languishing near 2011 levels.

Clever Dude

The Real Reason Your Car Service Costs Went Up—It’s Not Just Inflation

Although I’ve been out of the shop for several years now, I’ve noticed the cost of repairs slowly climbing. And I know plenty of other drivers have too. If your last oil change or brake job made you do a double-take, you’re not imagining things. Car service costs have jumped…

Saving Advice

9 Reasons Your Property Taxes Keep Going Up Even Though You’re A Senior

Many retirees assume that once they reach a certain age, property taxes will level off or decrease. After all, seniors often qualify for exemptions or...

International Business Times UK

Americans Left Shocked As 79-Year-Old Trump Issues Chaotic Inflation Warning

President Trump told McDonald's owners that 'prices are coming down' and defended sweeping tariffs at a high-profile summit; official CPI data and budget trackers show a more mixed picture.

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