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May 25, 2022

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Tag: Inflation

Business

UK economy has ALREADY ground to a halt and is ‘knocking on the door’ of recession, survey says

May 24, 2022 - by Admin - Leave a Comment

The UK economy has almost stopped in front of the rise inflationaccording to an influential survey. Private-sector growth was found to have slumped this month as the cost-of-living crisis began …

UK economy has ALREADY ground to a halt and is ‘knocking on the door’ of recession, survey says Read More
Business

Global financial system re-entering dangerous waters, Lehman crisis guru warns

May 23, 2022 - by Admin - Leave a Comment

The perennial focus of trouble is the half-built European monetary union, where the European Central Bank’s bond-buying spree has absorbed Club Med’s (and France’s) debt issuance as if there were …

Global financial system re-entering dangerous waters, Lehman crisis guru warns Read More
Business

Bank of England chief warns of more rate hikes amid cost of living crisis

May 21, 2022 - by Admin - Leave a Comment

Bank of England boss warns cost of living crisis is WORSE than 2008 credit crunch as he hints interest rates will rise AGAIN from 1% next month and says hikes …

Bank of England chief warns of more rate hikes amid cost of living crisis Read More
Business

Cost of living crisis: Iceland offers 10 percent discount for over-60s starting next week

May 20, 2022 - by Admin - Leave a Comment

Shoppers today criticized Iceland’s ‘very unfair’ plans to offer a 10 per cent discount for those over 60, with one asking: ‘What about single mothers and children?’ The budget supermarket …

Cost of living crisis: Iceland offers 10 percent discount for over-60s starting next week Read More
Business

Royal Mail warns customers of MORE price increases to combat rising costs as record inflation hits

May 19, 2022 - by Admin - Leave a Comment

The Royal Mail warned today that it will have to raise prices due to rising fuel and power costs and higher wage demands. The group said it expected “significant headwinds” …

Royal Mail warns customers of MORE price increases to combat rising costs as record inflation hits Read More
Business

Rishi Sunak warns easing cost of living crisis for families ‘won’t be easy’

May 19, 2022 - by Admin - Leave a Comment

R ishi Sunak warned that “the next few months will be difficult” as families face the cost-of-living crisis. Soaring energy bills have pushed the Consumer Price Index, the main measure …

Rishi Sunak warns easing cost of living crisis for families ‘won’t be easy’ Read More
Business

STEPHEN GLOVER: What is the point of our Governor of the Bank of England and his salary of £575,000?

May 19, 2022 - by Admin - Leave a Comment

Unlike the Governor of the Bank of England, Andrew BaileyI have no computer humming producing supposedly authoritative inflation and growth forecasts. I am not capable of instructing battalions of so-called …

STEPHEN GLOVER: What is the point of our Governor of the Bank of England and his salary of £575,000? Read More
Business

Elite groupthink is leading Britain into a nightmare of inflation, idleness and rage.

May 18, 2022 - by Admin - Leave a Comment

To the pundits, economists, and other idiot savants who inexplicably didn’t see this storm coming, thanks for nothing. All its acronyms, PhDs, fancy models and algorithms have proved useless: Britain …

Elite groupthink is leading Britain into a nightmare of inflation, idleness and rage. Read More
Business

Sunak rejects calls for immediate tax cuts as PM says cost-of-living crisis ‘hectic period’

May 18, 2022 - by Admin - Leave a Comment

Rishi Sunak dismissed Tory calls for immediate tax cuts today as boris johnson he downplayed the cost-of-living crisis as a “hectic period”. The Chancellor has repeatedly blamed ‘global forces’ and …

Sunak rejects calls for immediate tax cuts as PM says cost-of-living crisis ‘hectic period’ Read More
Business

Brandon Lewis slams BoE chief over ‘apocalyptic’ food price warning

May 17, 2022 - by Admin - Leave a Comment

The ministers today pointed to the Bank of England chief after he issued an extraordinary warning about ‘apocalyptic’ food price hikes. Northern Ireland Secretary brandon-lewis he said he was ‘surprised’ …

Brandon Lewis slams BoE chief over ‘apocalyptic’ food price warning Read More

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