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Inflation

Five charts that will underpin chancellor’s mini-budget

Kwasi Kwarteng will announce the details of his mini-budget on Friday with Britain already in a recession. In...

Aldi becomes fourth largest supermarket as grocery inflation hits 12.4%

Aldi has overtaken Morrisons to become the UK’s fourth largest supermarket for the first time, as grocery inflation hit...

UK real wages keep falling and vacancies drop, as jobless rate hits lowest since 1974 – business live

From 1h ago 07. 28 Introduction: Real wages still falling, but jobless rate lowest since 1974 Good morning, and...

Fragile state of UK economy scrutinised as nation mourns

The fragile state of Britain’s economy will be underlined this week by official figures showing a renewed slump in...

Bank of England delays interest rate decision after Queen’s death

Businesses, financial institutions and unions have cancelled or postponed events as a mark of respect to the Queen, with...

Bank governor defends inflation record as Truss review awaits

Andrew Bailey has defended the Bank of England’s record of managing inflation under his command amid growing pressure on...

TikTokers are calling out examples of ‘shrinkflation’ as the cost of living crisis has consumers paying more for less

Shrinkflation videos on TikTok have over 200 million views. @bradridler/TikTok; @addison. jarman/TikTok; @invasivespeciesguy/TikTok; @lisaremillard/TikTok "Shrinkflation" is when brands charge...

‘People are much angrier now’: why Britain is going on strike

C harlotte Larbi likes working as a Network Rail customer services assistant even if it means the 28-year-old single...

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