Inflation

Businesses are "on their knees" thanks to energy prices, inflation and the wage crisis, according to Michael Queenan, co-founder and CEO of Nephos Technologies.

Insight and analysis into the energy market from BDSwiss CEO MENA demonstrates the undetermined nature currently facing one of the world's leading markets.

United Kingdom inflation eased to 10.1% in January 2023 and eased the pressure on the Bank of England. Many retailers, however, need to maintain higher product prices.

Research from Metapack, ShipStation and Retail Economics reveals consumers tend to pay more for less, with inflation adding £18.2 billion to UK non-food sales, regardless of the decline in volumes by 4.9%.

The National Education Union declared seven days of walkouts in February and March after nine out of 10 union teacher members voted for strike action.

The management of South London Pub opened a soup kitchen to help the homeless amidst inflation and hiring challenges on firms.

Even renowned hedge fund manager Paul Tudor Jones believes a bullish turnout is in the making for Bitcoin.

Senior economist Boris Glass said the U.K. economy has foregone economic activity of £6.6 billion in each of the 10 quarters since the 2016 referendum.

Almost six in 10 British households have admitted having to make 'significant financial sacrifices' during the festive period.

UK central bank expects economic growth to fall from 1.7% this year to 1.6% in 2018 before picking up again.

Reading underlines challenge facing the central bank as inflation remains below it's goal of just under 2%

Rail operators expected to hike fares by 3.5%, as trade unions complain of poor service for money.

New research suggests monthly incomes are at their lowest reflecting an ongoing squeeze on household incomes.

Analysts warn that if wages do not rise in line with inflation consumers' real purchasing power will decrease.

The amount that Brits wanted to borrow last year amounts to £251 for every person in the country.

Price of tobacco up 99% since 2005, and food prices have risen by 130% in three years.

Switching focus from consumer to producer prices when charting the UK economy's path in uncertain climes is worthwhile.

Monetary Policy Committee votes 7-1 in favour of keeping interest rates on hold at 0.25%.

The victims died after a high-voltage line reportedly fell on them.

Moody's reports emerging market currencies outperforming those of advanced economies.

Unemployment rate remains at lowest since 1975 but wage growth declines to 2.2%.

Dozens of protesters were reportedly injured in police crackdown during the demostrations in capital Caracas.

Research suggests investors are increasingly worried about Brexit aftermath and populist movements in Europe.

Inflation rises 2.3% year-on-year in February, beating expectations for a 2.1% rise.

Labour leader warned of under-investment and an over-reliance on consumer spending.

Philip Hammond is expected to have £12bn to play with, but he plans keep hold of it in case economy weakens.

Money managers' survey conducted by global ratings agency deems populism as the biggest threat to economic progress in Europe.

UK consumers are however spending big in restaurants and bars.

UK ports, which are highly reliant on imports, and UK airports could be most exposed to the consequences of Brexit.

Ratings agency S&P believes 2017 could mark the return rising inflation to Europe.