Inflation

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Inflation has reached 11.1%, a 41-year high, the newest figures from the Office for National Statistics (ONS) shows. A jump in energy costs, despite the Energy Price Guarantee (EPG), and rising food prices, which rose by 16.4% — the biggest annual increase since 1977 — pushed C

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The consumer price index rose marginally in September with inflation having reached 10.1% as the fall in fuel prices was largely offset by the rising cost of food. The current inflation rate is the highest in 40 years. Multiple U-turns on fiscal policy from the UK government have left experts uncert

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Deloitte's Q3 UK CFO Survey has shown that CFOs view credit as being more costly than at any time since 2010 with over half (56%) rating credit as costly while over a third of finance leaders (39%) note that new credit is not easily available. The financial market impact of the government’s mi

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The Office for National Statistics (ONS) has reported a fall in retails sales volume of 1.6% for August continuing a downward trend since summer 2021 and significantly worse than expectations. This follows the lifting of restrictions on hospitality which has likely caused a shift in where consu

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As the the recent increases in petrol prices slightly unwound, the Consumer Price Index (CPI) recorded a 0.2% drop in inflation for August, bringing inflation to just below 10% at 9.9%. The drop was largely influenced by a 6.8% month-to-month fall in petrol prices, but at the same time food prices r

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The Consumer Prices Index has risen to 10.1% in the 12 months to July, the highest it has been since 1982. A 0.6% increase from 9.4% in June, now the highest level of inflation in 40 years, has surpassed economists' forecasts of 9.8%, worsening the cost of living crisis. Some experts speculate the B

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