The coming economic storm
As inflation reaches a 40-year high and with Britain facing a punishing recession, the Conservative leadership contenders have failed to…
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Economics
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Economics
Can interest rate rises reduce the UK’s “astronomical” inflation?
Inflation is now predicted to rise above 18 per cent, despite six consecutive rate rises by the Bank of England.…
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How inflation is worse for women
Prices are rising faster for items aimed at women, who tend to be poorer already.
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Inflation could end the current economic model
The 50-year arrangement between producer economies and consumer economies is breaking down. What comes next?
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Two thirds of UK families to enter fuel poverty by January
If annual bills rise to £4,200, 66 per cent of families will be considered fuel-poor.
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The UK’s inflation rate is higher than any other G7 country
Britain is the only major Western economy in which inflation has hit double digits.
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UK real wages have fallen at a record rate
Earnings remain below their 2008 level after falling 3 per cent over the past eight months.
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Higher inflation spells danger for the UK’s public services
An extra £8.3bn will now be needed to maintain current public service spending levels.
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