Why we should stop calling it the “cost-of-living crisis”
This clunky, recycled phrase suggests there’s nothing the government can do to help.
ByInflation
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.
Boris Johnson’s promise of “a high-wage economy” has become a cruel joke
Far from encouraging workers to seek higher pay, the government is now telling them to accept lower pay.
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The battle for Britain’s vanishing food markets intensifies as the cost of living soars
As the cost of basic food rises in 2022, traditional “bread and butter” markets are in decline.
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Lionel Barber’s Diary: Boris Johnson’s new leaf, inflation fears, and being headhunted by Ofcom
We are led to believe the Prime Minister is about to drop the habits of a lifetime, but the changes…
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Why inflation and the cost-of-living crisis won’t take us back to the 1970s
Surging energy prices force us to confront the suffering caused by inflation and our uncertain future. But a new wage-price…
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Why the Bank of England doesn’t want you to get a pay rise
The fact that Andrew Bailey is prepared to warn against pay rises is a sign of how worrying inflation has…
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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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Who will Scottish voters blame for falling living standards?
The surge in inflation is a threat to both the SNP and the Conservatives.
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How inflation has surged to its highest level since 1992
The cost of living in the UK rose by 5.4 per cent in the year to December 2021.
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Why inflation could break Britain
Inflation has reached 5.4 per cent, the highest level since 1992; high prices and falling wages will intensify the UK’s…
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Exclusive: over three-quarters of British voters notice their food shops are pricier
The cost-of-living crisis bites as polling for the New Statesman by Redfield & Wilton Strategies reveals the overwhelming experience of…
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After North Shropshire, there’s little reason for Tory MPs to support the PM
Boris Johnson is too weak to implement measures to slow Omicron or to compensate businesses for loss of custom.
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As inflation spikes, Labour must seize the agenda to argue for a fairer economy
A wage policy for the public sector and a new regime for household energy are needed.
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What is happening to the Turkish lira?
Turks are investing in electronic goods to store value as the currency collapses.
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Inflation is at a 30-year high – what does this mean for you?
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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Is the Tory electoral coalition ready for an interest rate rise?
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 big risk to Boris Johnson isn’t Labour – it’s inflation
The threat of a Bank of England interest rate rise looms over the Conservatives’ poll lead.
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