Why the economy is threatened by early retirees
Droves of over-50s leaving the workforce may have led to entrenched inflation and a lower tax take – ramping up…
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.
Who sets our interest rates – the Bank of England or the US Federal Reserve?
The UK is raising rates in line with America, but our economy seems headed in a different direction.
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Rishi Sunak’s inflation promise is absurd – and the electorate will not forgive him
It is a political error to target an aspect of the economy the government cannot control.
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The end of the housing delusion
Britain is finally realising that its obsession with home ownership is built on a false promise. Is it time to…
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Why the IMF sees Britain as the sick man of the global economy
The UK’s growth is forecast to fall behind every other major economy, including Russia.
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Where did America’s recession go?
Six months ago US business executives were warning of an approaching economic “hurricane”, but it has failed to materialise –…
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The story behind Labour’s “Reagan Question”
Does Britain work better today than it did 13 years ago? Labour thinks its future lies in the answer.
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The inflation crisis is stopping us from building new homes, says Peabody chief
Ian McDermott’s housing association has had to refocus resources on warm banks and other initiatives to alleviate tenants’ hardship.
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The business forecast for 2023: An inflation rollercoaster and Elon Musk’s Twitter break-up
Predictions for a bumpy year ahead from the New Statesman’s business editor.
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Cheap energy bills aren’t coming back this decade
Forecasts suggest volatile prices and the UK’s poor gas storage infrastructure mean costs will remain high until after 2030.
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The cost of dying: “pauper’s funerals” have doubled since 2019
Exclusive figures reveal how more people are turning to public health funerals in poor parts of Britain.
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Why Jeremy Hunt is gambling with thousands of small businesses
The government’s Energy Bill Discount Scheme could force thousands of small firms out of business.
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People with dementia cut vital care to cope with inflation
Means-testing leaves people paying for their own care, exposed to rising fees and energy bills.
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What would happen if everyone knew your salary?
Pay transparency could help to increase productivity and fight inflation.
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Britain has never faced decline like this before
The difference with past periods of economic woe is how meekly the political class is accepting the UK’s fate.
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Rishi Sunak’s New Year speech showed how out of his depth he is
Has the Prime Minister given up, or did he not have any ambition to begin with?
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Why does nothing work in the UK anymore?
From GP appointments to trains, everything feels broken.
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Strikes show how the dream of a high-wage economy died
The Conservatives have given up trying to reset what Boris Johnson described as a “broken model”.
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Rishi Sunak needs to offer striking workers a better deal
It is not the strikes that should worry ministers most, it is that important public sector posts will be left…
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Why is the Bank of England raising interest rates when inflation has peaked?
The Bank has to account for the long-term effects not only of its own decisions, but also of government policy.
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