All news on the topic: Inflation

UK Chancellor Rachel Reeves is set to respond to the latest economic outlook as a sharp surge in global energy prices threatens to undermine expectations of easing inflation.

The UK is set to receive an influx of cheap Chinese imports that could lower inflation amid the effects of Donald Trump’s global trade war, leading economists have said.

The base interest rate was cut from 4% to 3.75% on Thursday, as Economics Editor Joel Hills reports.

Chancellor Rachel Reeves states the government will make a renewed attempt to revamp the welfare system as she prepares to allocate £3 billion in Wednesday’s Budget to abolish the two-child benefit cap.

Trump downplays economic woes as partisan spin, saying, ’Costs are way down’

The BBC has spent over £18m on taxis, hotels, and trains for staff and contributors in just the last three years, an LBC investigation has revealed.

Chancellor Rachel Reeves has said she will make "necessary choices" in the Budget after the "world has thrown more challenges our way".

Brexit is partly responsible for high inflation in the UK, according to Rachel Reeves, as she advocated for rebuilding ties with the EU.

The party of Argentina’s far-right president, Javier Milei, has won Sunday’s midterm elections after a campaign in which US president Donald Trump announced a $40bn bailout for the country and made continued aid conditional on the victory of his Argentinian counterpart.

Rachel Reeves is reportedly preparing to launch a £2 billion tax raid on high-earning lawyers, family doctors, and accountants.

Rachel Reeves was planning another tax raid on the middle classes last night – despite warnings she needs to cut state spending to prevent the economy from ’spiraling out of control’.

Rachel Reeves has been cautioned that imposing further tax hikes on employers in next month’s Budget would batter the jobs market, with confidence already "in free fall".

Pro-Brexit supporters have branded Chancellor Rachel Reeves a "complete fraud" for linking the UK’s economic problems to its exit from the European Union.

Rachel Reeves has faced another significant setback ahead of next month’s crucial Budget as the International Monetary Fund (IMF) warned that inflation will rise to the highest level in the G7 in 2025 and 2026.

Donald Trump has threatened once more to impose "massive" US tariffs on China, accusing Beijing of "very hostile" actions to limit exports of rare earths essential for American industry.

Councils face a funding shortfall of more than £4 billion next year, putting more strain on overstretched services, according to a report.

Czechs have begun voting in an election likely to oust their centre-right government, with polls favouring the populist billionaire Andrej Babiš to return to power on pledges to raise wages and improve growth while reducing aid for Ukraine.

The average UK house price increased by 0.5% month on month in September, following a 0.1% monthly fall in August, Nationwide Building Society said.

Rachel Reeves is formulating plans to lower household energy bills as part of an economic overhaul.

Rachel Reeves has announced the latest possible date for her second Budget in an effort to salvage Britain’s dire public finances.

The increase in the prices of chocolate, butter, and eggs has led to food price inflation hitting its highest point in 18 months, as reported by a survey.