Rishi Sunak’s help comes far too late for Britain’s fuel poor
Ahead of the energy price cap rising, people and businesses are already struggling to keep the lights on.
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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.
Ahead of the energy price cap rising, people and businesses are already struggling to keep the lights on.
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The surge in inflation is a threat to both the SNP and the Conservatives.
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The cost of living in the UK rose by 5.4 per cent in the year to December 2021.
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Boris Johnson is too weak to implement measures to slow Omicron or to compensate businesses for loss of custom.
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A wage policy for the public sector and a new regime for household energy are needed.
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Turks are investing in electronic goods to store value as the currency collapses.
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With inflation now at 7 per cent, where are price rises steepest, what’s causing them, and how long will they…
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With the Bank of England’s chief economist warning inflation could hit 5 per cent, monetary policy is about to get…
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The threat of a Bank of England interest rate rise looms over the Conservatives’ poll lead.
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