UK Inflation Rises at Fastest Rate for 40 Years as Food Costs Jump

Prices are continuing to rise at their fastest rate for 40 years with food costs, particularly for bread, cereal and meat, climbing. UK inflation, the rate at which prices rise, edged up to 9.1% in the 12 months to May, from 9% in April, the Office for National Statistics (ONS) said. Fuel and energy prices […]

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Firms Warn Time is Running Out to Save UK Economy

The boss of a business lobby group has told the government to get its “house in order” to “save the economy” as firms struggle with higher prices. Shevaun Haviland, Director-General of the British Chambers of Commerce (BCC), told a conference that time is running out to help the economy grow. It comes after Bank of […]

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Every Household to get Energy Bill Discounts of £400 this Autumn

Every household in the UK is to get an energy bill discount of £400 this October as part of a package of new measures to tackle soaring prices. The poorest households will also get a payment of £650 to help with the cost of living, Chancellor Rishi Sunak said. It follows warnings that millions could […]

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