Bussiness

Cost of living and inflation are not the same thing

Posted by November 20, 2024

There was no surprise that the rate of inflation jumped again, reflecting the recent hike in the energy price cap.The new news today is that other underlying me

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UK inflation: Four things the latest figures tell us

Posted by November 20, 2024

With inflation much lower than its peak, the Bank has - and still is - expected to reduce interest rates.But recent events, such as the Budget and now a higher-

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UK energy suppliers to spend £500m to cushion pain of…

Posted by November 20, 2024

Energy suppliers will spend £500m helping customers with their energy bills this winter, after the government helped broker a deal involving 12 of the biggest

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U.K. Media Groups, Including Sky News, Guardian, Partner With “Ethical…

Posted by November 20, 2024

U.K. media firms Sky News, the Guardian Media Group, the Financial Times, and dmg media, publisher of the Daily Mail, have signed a strategic part

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Lidl warns of price rises and HMV of job cuts…

Posted by November 20, 2024

Lidl has warned of potential price rises, with HMV predicting job cuts as a result of cost increases caused by the UK government’s budget.Doug Putman, the own

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Driving innovation into business through Innovate UK’s ICURe Programme –…

Posted by November 20, 2024

The ICURe SenseAI Team (left to right): Dan Somers, CEO, SenseAI; Charlotte Relf, Senior Enterprise Business Manager, Uni

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UK’s inflation jump dashes hope of interest rate cut in…

Posted by November 20, 2024

Any lingering hope that the Bank of England might deliver a pre-Christmas interest rate cut next month has evaporated, after official data showed inflation jump

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Santander puts aside £295m for car loan mis-selling

Posted by November 20, 2024

Santander UK has put aside £295m to cover potential payouts to car loan customers as the bank issued its first estimate of the financial fallout from the growi

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UK inflation rises to 2.3%, increasing pressure for delay to…

Posted by November 20, 2024

Inflation increased to 2.3% in October, heaping pressure on the Bank of England to delay further interest rate cuts until next year.Figures released by the Offi

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UK inflation accelerates sharply to 2.3% in October

Posted by November 20, 2024

Stay informed with free updatesSimply sign up to the UK inflation myFT Digest -- delivered directly to your inbox.UK inflation accelerated sharply to 2.3 per ce

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UK inflation: Higher energy bills push rate to 2.3% in…

Posted by November 20, 2024

Interest rates were cut for the second time this year to 4.75% two weeks ago, but further cuts are not expected until 2025.Grant Fitzner, chief economist for th

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