The scourge of greedflation
A fifth of the UK is going hungry. Yet this is a crisis the political class seems unable to grasp.
ByInflation
Inflation describes how much prices of goods and services are increasing (if they’re decreasing, this is known as deflation). In the UK the main measure of inflation is the Consumer Prices Index. The Office for National Statistics tracks the cost of living through the prices of items in a hypothetical “basket of goods” that includes everyday products and services. Here you can find all of our latest news, analysis and comment about inflation.
Chancellor’s adviser says Tories and Labour “lack boldness” on spending
Andy Haldane would “press pause” on interest rates and stop telling workers not to demand pay rises.
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Britain’s Brexit divisions are re-emerging
This time, inflation is the battleground.
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Opec is in a battle with Green Britain
The founder of British energy company Ecotricity says that disputing oil’s impact on inflation distracts from its true cost.
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Interest rates are fuelling a great banking rip-off
As the Bank of England tries to fight inflation, commercial banks are enjoying bumper profits.
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We are poorer – but what are our politicians doing about it?
Labour and the Conservatives promise high economic growth but have no plans equal to the scale of the task.
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Why didn’t Huw Pill point the finger at “greedflation”?
The furore over the chief economist’s comments suggests the Bank of England should be more open about the causes of…
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What the soaring price of milk tells us about Britain’s greedflation problem
Milk price inflation has risen to 38.4 per cent, driven largely by retailers’ markups.
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Sunak’s misuse of statistics exposes the real “anti-maths mindset”
The last two years have seen high levels of governmental number-fudging.
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Are zero interest rates coming back?
Did the IMF really predict the return of zero rates, or has it been misread?
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The dirty secret behind the cost-of-living crisis
It isn’t wage rises that are fuelling high inflation – it’s profiteering by large corporations.
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Britain’s rising inflation has a hidden cause: corporate greed
Inflation has risen to 10.4 per cent, driven in part by corporate profit-seeking.
ByExpert comment and analysis from Tulip Siddiq MP, Stella Creasy MP, Kevin Hollinrake MP and Joeli Brearley.
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Right or left? How we solve the cost-of-living crisis
Crippling inflation and the living standards squeeze are forcing politics and policy towards a crossroads.
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Interest rates have not peaked
Persistent core inflation and a recovering economy mean further hikes are likely.
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Fear grips the markets
After three US banks collapsed in a week, the global financial system is facing a new set of systemic risks.
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What is Jeremy Hunt doing to tackle the cost-of-living crisis?
As inflation rises once more, we summarise the measures announced in the Budget to help with rising prices.
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Public sector pay rises would not drive inflation, say leading economists
Christopher Pissarides, the Nobel prize-winning economist, says the government is misrepresenting the effects of pay rises.
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The Bank of Japan’s new governor has the hardest job in economics
Ueda Kazuo faces a more extreme version of the challenge facing the UK: the end of cheap money in a…
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The milkman on a mission
Simon Mellin, CEO of the Modern Milkman, says inflation has shown how poorly people understand the real cost of food.
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