inflation
Why the ECB is considering halving its QE purchases from next year
The European Central Bank (ECB) could cut its monthly bond buying program, otherwise known as quantitative easing (QE), by at least…
Discounters undercut the UK’s biggest supermarkets as people opt for cheaper food
German discount supermarket chain Lidl has overtaken Waitrose as the UK's seventh-largest grocer. Rising inflation has pushed cash-strapped consumers towards…
Spending on transport in the UK has fallen sharply — what’s behind it?
UK consumer spending fell for the third month in a row in July, the longest-running slump since February 2013, according…
Venezuela is on its knees: where next for the latest socialist casualty?
Tear gas in the air and the sound of police shotguns fill the streets -- every day since April thousands…
Bank of England workers strike for the first time in over 50 years
Bank of England (BoE) workers are staging a three-day strike from today in a dispute over pay. After talks at…
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People should brace themselves for higher food inflation until 2022
Food and grocery inflation is set to reach 2.5 percent this year – the highest level since 2013. While the…
Academics warn the UK government — failure to reach a deal with the EU will result in chaos
If the UK government fails to reach a deal with the EU, the consequences will be “widespread, damaging and pervasive”…
Brexit: UK companies are increasing their advertising spending despite economic uncertainty
British companies increased their marketing budgets in the second quarter despite economic uncertainty resulting from the UK's decision to leave…
UK inflation falls back as Brexit loses its bite
The UK's inflation rate fell back in June, as many economists had predicted. Inflation -- as measured by the Consumer…
UK business confidence will continue to drop in 2017, EY Item Club warns
The EY Item Club, the economic forecasting group, has lowered its forecast for the UK's GDP growth from 1.8 percent…