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The IMF issues a warning that UK inflation will worsen

The International Monetary Fund (IMF), which previously warned that the chancellor’s mini-budget would cause prices to rise, has increased its condemnation of...

US makes huge interest rate rise to tame soaring prices

To contain rising prices in the greatest economy in the world, the US central bank has announced yet another abnormally large interest...

Inflation pushes UK government interest costs in June to fresh record

Interest payments on UK government debt reached a record high in June as a result of rising inflation. The...

Is the Bank of England capable of halting spiralling inflation?

Fears of an “inflationary spiral,” the Prime Minister stated yesterday, had limited the amount of assistance the government could provide in the...

Inflation hits new 30-year high ahead of Sunak statement

Last month, the cost of living continued to rise, highlighting the problem facing the chancellor ahead of his spring budget statement on...

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