Labour must end its denial over Brexit
Leaving the EU has been an economic and geopolitical disaster for the UK – when will Keir Starmer say so?
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.
Is Brexit to blame for the UK’s extra inflation?
Inflation in the UK has reached 9.1 per cent; economists say life outside the EU could make these conditions more…
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Could a new debt crisis split the eurozone?
Fears that Italy will struggle to repay lenders are troubling central bankers, caught between prudent countries and big spenders.
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Inflation will be far higher for the poorest Britons
Lower-income households are hit much harder by rises in gas and electricity bills.
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Why the UK should prepare for a spike in food prices
Record-high food inflation could lead to more families on lower incomes skipping meals.
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Is recession the Bank of England’s only choice?
UK and US central banks are faced with a dilemma: allow inflation to keep rising, or hike interest rates to…
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Britain is once again the sick man of Europe
The UK is predicted to record the worst economic growth of any major country except Russia next year. What has…
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China’s never-ending Covid lockdown story
Parts of Shanghai have again been put under lockdown restrictions, with further implications for the global cost-of-living crisis.
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Crisis calls for a new economic paradigm
Just as rising prices and flagging growth did away with Keynesianism in the 1970s, so today they are killing of…
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The ostrich economy is heading for a reckoning
Since 2008, politicians and bankers have kept recession at bay by pretending it wasn’t happening. That strategy is beginning to…
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Klarna’s woes are a warning of the recession to come
The “buy now, pay later” fintech start-up is laying off staff as cash-strapped households cut spending and fall back on…
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“This might be worse than Covid”: Shevaun Haviland on why businesses need help to survive inflation
The director-general of the British Chambers of Commerce says Andrew Bailey told her inflation would be “fine by September”.
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Labour must back strikes to fight the cost-of-living crisis
Those in the party who favour performative confrontations with the trade unions must be faced down.
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As China’s growth stalls and supply chains falter, the West faces a stagflation trap
Soaring energy and food prices mean inflation is rising globally – and it will only come down if banks engineer…
By26 January 1935: inflation and what is not.
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How Britain’s failure to reckon with global forces led to a cost-of-living crisis
At the end of the era of globalisation and market-led capitalism, there is no clear successor to this crumbling model.
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Five ways the government failed to shield the UK from inflation
For all the Tories’ attempts to blame the Bank of England, Britain’s unique exposure to the crisis is caused by…
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The UK is sleepwalking into recession
Tory MPs are berating the Bank of England to distract from Brexit and other economic calamities.
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Will the Tory government be brought down by inflation?
Inflation reaches 9 percent for the first time since 1982.
We’re not all in it together – the cost-of-living crisis is a matter of class
Most of us are having to cut back on our spending. For some this is an inconvenience; for others it…
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