UK Inflation

Is The Pay Squeeze Nearly Over?

PA/The Huffington Post | Posted 15.04.2014 | UK Politics

Inflation fell for the sixth month in succession in March paving the way for an end to the prolonged squeeze on wages, official figures showed today. ...

Good News For Osborne As Inflation Falls

The Huffington Post UK | Asa Bennett | Posted 25.03.2014 | UK Politics

Britons' pay packets are being eaten away less by inflation as official figures showed that the inflation rate under the Consumer Price Index fell to ...

Inflation Discovery Could Confirm Existence Of Other Universes

Huffington Post UK | Posted 20.03.2014 | UK Tech

We already knew that the announcement this week of the first direct evidence of cosmic inflation could rock the foundations of science. We didn't r...

This Physicist Predicted Cosmic 'Holy Grail' 30 Years Ago. This Is The Moment He Found Out He Was Right.

Huffington Post UK | Posted 18.03.2014 | UK Tech

In modern physics, no discovery or theory is made in isolation. Breakthrough findings -- like the so-called 'holy grail' evidence of cosmic inflation ...

Why Don't Economists Care More About Rising Resource Prices?

Julian Morgan | Posted 10.03.2014 | UK
Julian Morgan

Economists need to pay more attention to resources as there is a clear and pressing need to develop greater resilience to commodity price shocks. While this will not solve all our economic problems, it can make an important contribution to many of them. For this reason, the careful management of resources should be right at the heart of economic policy.

Good News For Mortgage Holders As Inflation Falls Below 2% Target

The Huffington Post/PA | Posted 18.02.2014 | UK Politics

Inflation has slipped below the Bank of England's 2% target for the first time in over four years, official figures from the Office for National Stati...

What Would Happen If Wages Rose As Fast As House Prices?

The Huffington Post UK | Asa Bennett | Posted 17.02.2014 | UK

As house prices have continued to rise, Bank of England governor Mark Carney has already admitted he can do nothing but "watch" the housing market. ...

GRAPH: Your Wages Fell More Since Recession Than ANY G7 Country

The Huffington Post UK | Asa Bennett | Posted 31.01.2014 | UK Politics

Britons' take-home pay has fallen by 6.1% since the recession hit in 2007, marking the biggest fall of all the G7 nations, official figures confirm. ...

Inflation Is Still a Major Risk to Our Economy

Syed Kamall | Posted 01.04.2014 | UK Politics
Syed Kamall

So the headline rate of inflation has finally hit its target, for the first time in over four years. But let us not get too carried away in jubilation. We know from the past four years just how stubborn it can be.

Could The BofE Be Forced To Hike Interest Rates?

The Huffington Post UK | Asa Bennett | Posted 25.01.2014 | UK Politics

Mark Carney could be forced to "admit defeat" and change his flagship forward guidance policy in order to avoid having to raise interest rates too soo...

Pressure Eases On Carney As Inflation Falls To New Low

The Huffington Post UK | Asa Bennett | Posted 25.01.2014 | UK Politics

Mark Carney will breathe a sigh of relief as inflation has fallen to the Bank of England's 2% target, the first time in over four years it fallen to t...

Swift ECB Action Aims to Defuse Deflation Risk

Martin Koehring | Posted 23.01.2014 | UK
Martin Koehring

Average euro zone inflation was a provisional 0.7% in October, much weaker than the ECB's official target of "close to but below 2%". It is not just the low level of inflation that has been a concern for the Bank, but the rapid decline in recent months: between July and October the rate fell by 0.9 percentage points, from 1.6% to 0.7%.

Which Water Giant's Bid To Hike Bills Has Been Rejected?

The Huffington Post UK | Asa Bennett | Posted 08.11.2013 | UK

Thames Water's bid to hike customers' water bills by an extra £29 next year has been thrown out by the industry regulator, which concluded it was unj...

Gold Grows on Trees, But Money Doesn't

Adrian Ash | Posted 23.01.2014 | UK
Adrian Ash

So money really does grow on trees, agree headline writers everywhere today. Gold, in fact, has been found in minute quantities in eucalyptus trees in Australia. Analyzing tree leaves and bark could now unearth gold deposits up to 30 metres below ground elsewhere in the world, geochemists say.

Will Carney Be Breathing Easy Now?

The Huffington Post UK | Asa Bennett | Posted 17.09.2013 | UK Politics

Inflation has fallen to 2.7% in August while the fuel and clothing costs eased, official figures have revealed. The fall in Consumer Price Index (C...

The Undercover Economist Strikes Back: Tim Harford's New Book Is Well Worth Your Time

Dr James Hannam | Posted 31.10.2013 | UK Politics
Dr James Hannam

Could it be good for the economy to bury stale chocolate coins and then pay people to dig them up? This isn't something I've ever asked myself. But in his new book, The Undercover Economist Strikes Back, Tim Harford not only poses the question, he answers it in the affirmative.

So When Will the Economy Recover? Probably Never

Owen Burek | Posted 14.10.2013 | UK Politics
Owen Burek

Forget the headlines, our economy is on the high road to ruin. Its apparent recovery is artificial and the reality is that our government is set to bankrupt our country. Don't believe me?

Train Fares To Keep Rising Next Year

The Huffington Post UK | Asa Bennett | Posted 13.08.2013 | UK

Train fares are set for another inflation-busting rise as they will soar by an average of 4.1% from January, the Office for National Statistics has co...

Rail Fares To Go Up Again

PA/The Huffington Post UK | Posted 13.08.2013 | UK

Rail minister takes a limo between Essex and Westminster It is the news guaranteed to raise the blood pressure of commuters struggling into work on...

Carney's Forward Guidance Falling on Deaf Ears So Far

Jeremy Cook | Posted 07.10.2013 | UK Politics
Jeremy Cook

The issue that I've raised the most in the past year or so is not inflation, but the difference between inflation and wage settlements. Especially with the decrease in the savings ratio of late, as people attempt to keep their lifestyle going by raiding savings pots, price increases and their relation to wages are key to the survival of the recovery. Without one, we cannot have the other.

Quarterly Inflation Report Will Be the Litmus Test for UK's Fledgling Economic Recovery

Jeremy Cook | Posted 01.10.2013 | UK Politics
Jeremy Cook

Next week is a big week for the new Governor of the Bank of England, and the UK economy as a whole. Wednesday at 09.30 will see Carney take the stage, the pound take a dive and the nation will hold its breath. By the end of Carney's first Quarterly Inflation Report we should have a much better idea of what we can expect next.

Minimum Wage Isn't Working, Says Creator

The Independent | Posted 30.07.2013 | UK

The national minimum wage is no longer working because its value has fallen, one of its key architects said as a new study showed it could be worth le...

Squeezing The Middle

PA | Posted 20.09.2013 | UK Politics

Around 1.5 million more families are feeling financially squeezed than a year ago despite signs of blossoming confidence in the economy, research has ...

What Has Mark Carney Voted Against?

The Huffington Post UK | Asa Bennett | Posted 17.07.2013 | UK Politics

Bank of England governor Mark Carney voted against printing more money under the “quantitative easing” programme at his first policy meeting earli...

Carney Escapes Grovelling To Osborne

The Huffington Post UK | Asa Bennett | Posted 16.07.2013 | UK Politics

Bank of England Governor Mark Carney has been saved the embarrassment of explaining to Chancellor George Osborne how rising inflation rose to just 2.9...