Mortgage costs jump £6k as rates top 8% – may soon hit 10% as BoE fights inflation
Mortgage rates looks to rise and rise as the Bank of England continues hiking interest rates in a desperate bid to curb inflation. Daily Express :: Finance Feed More...
Government had to borrow £25bn in April as inflation wreaks havoc with UK economy
Ministers greenlit borrowing tens of billions of pounds last month, trumping records set by the Government decades ago. Daily Express :: Finance Feed More...
Inflation, bank crisis, house price crash and now this: US is about to run out of cash
I’m feeling a little punch drunk from all of today’s financial woes but now the world risks getting another smack in the mouth. Daily Express :: Finance Feed More...
Experts keep promising inflation will fall – terrifying new trend suggests they’re wrong
A host of expert bodies led by the Bank of England keep assuring us that inflation is about to plunge. Money managers are betting it won’t happen. Daily Express :: Finance Feed More...
Diesel drivers ‘being fleeced at pump and its fuelling inflation’ says campaign group
Fuel suppliers are deliberately inflating the price of diesel at the pump, according to a new report. FairFuelUK says that if retail diesel was sold at a ‘fair price’, inflation would be below 10% and More...
Inflation is on the run – 5% figure great news for UK but don’t let Hunt claim credit
Consumer price inflation is on the run, with new figures from the US showing it hit a two-year low of five percent in March. The UK will soon follow and Chancellor Jeremy Hunt will be desperate to claim the credit More...
BoE urged to cut interest rates as falling inflation will require ‘reverse’ in rises
The Monetary Policy Committee’s Silvana Tenreyro expects inflation to start falling sharply due to cheaper energy, a cooling jobs market and the Bank’s rate rises. Daily Express :: Finance Feed More...
Pound rallies after UK inflation announcement defies economists’ predictions
The news comes as the UK remains in a difficult financial situation having narrowly avoided a technical recession. Daily Express :: Finance Feed More...
Jeremy Hunt isn’t smiling now: Today’s inflation shock shows he doesn’t know anything
Experts keep telling us that inflation is going to fall but after today’s disastrous figure, how can we believe any of them? Answer: we can’t. Daily Express :: Finance Feed More...
BoE faces ‘choice of poisons’ as inflation soars and banks collapse
The Bank of England faces a desperate choice when it decides whether to increase interest rates on Thursday. This is going to hurt, whatever it does. Daily Express :: Finance Feed More...