What’s worse, inflation or a recession?
We might have to pick our poison.
ByInflation rate 2022
It’s time to stop kidding ourselves the Bank of England can control inflation
Only the government can administer the required medicine of subsidies and price controls.
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How benefits payments have failed to keep pace with inflation
The standard monthly welfare payment is now £52 lower in real terms than in 2010.
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The Bank of England is right to hold its nerve
It is not the job of central bankers to bail out a reckless government.
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Financial markets have rejected the Tories’ economic vandalism
The slide in sterling indicates that traders are cynical about Liz Truss’s big gamble on growth.
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Why the UK is vulnerable to high interest rates
Britain does not want the fever of inflation – but it is unprepared for the cure.
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Could today’s bank holiday push the UK into recession?
The extra bank holiday for the Queen’s funeral could cost the British economy £2bn.
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What does stagflation actually mean?
Inflation has hit double figures for the first time in 40 years, while the economy is shrinking.
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Food inflation is higher than at any time since 2008
Fresh produce increased in cost by 10.5 per cent in the 12 months up to August.
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The Tories are playing a dangerous game with the Bank of England
A financial crisis is coming and Liz Truss has the air of a gambler who bets the lot at the…
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The UK’s broken food system requires radical change
Record inflation for milk and other essentials demands immediate action, but Britain’s food security needs more than a quick-fix.
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Can interest rate rises reduce the UK’s “astronomical” inflation?
Inflation is now predicted to rise above 18 per cent, despite six consecutive rate rises by the Bank of England.…
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How inflation is worse for women
Prices are rising faster for items aimed at women, who tend to be poorer already.
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The UK’s inflation rate is higher than any other G7 country
Britain is the only major Western economy in which inflation has hit double digits.
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Higher inflation spells danger for the UK’s public services
An extra £8.3bn will now be needed to maintain current public service spending levels.
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The top 1 per cent are the only group whose pay has grown faster than inflation
Pay growth at the top has reached 11 per cent while the bottom tenth of earners have seen their wages…
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The UK is going into recession, and even Liz Truss might not be able to save it
The power politicians and the Bank of England have to bring down inflation is sadly very limited.
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Why public sector pay rises are actually cuts
Higher inflation cancels out offers for nurses, doctors, teachers and dentists.
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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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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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