UK Inflation

Bank Governor Facing Humiliation Over Inflation

The Huffington Post UK | Asa Bennett | Posted 16.12.2014 | UK Politics

Mark Carney faces the humiliating prospect of having to explain to George Osborne why the Bank of England has failed to keep inflation under control a...

And You Thought The Pay Squeeze Was Finally Over...

The Huffington Post UK | Asa Bennett | Posted 18.11.2014 | UK Politics

Britons will have to wait a bit longer to feel the benefit of the pay squeeze ending, as official new figures indicate any wage gains have been comple...

Got A Mortgage? Carney Definitely Won't Ruin Your Christmas...

The Huffington Post UK | Asa Bennett | Posted 22.10.2014 | UK Politics

Bank of England officials have decided to keep interest rates low, fearing that rising them too quickly could "leave the economy vulnerable to shocks"...

Here's Why You're Actually Earning Less (Despite What Your Pay Slip Says)

The Huffington Post UK | Asa Bennett | Posted 14.10.2014 | UK Politics

The pay squeeze is not yet over, despite the resurgent economy, as official figures show that inflation is continuing to eat into wages. The Offic...

Here's Why You're Still Getting Poorer...

The Huffington Post UK | Asa Bennett | Posted 17.09.2014 | UK Politics

Britain's economy continues to grow as more people are in work, but the wellbeing is undercut by the fact that Britons' wages are still falling in rea...

Got A Mortgage? Carney Won't Be Ruining Your Christmas

The Huffington Post UK | Asa Bennett | Posted 16.09.2014 | UK Politics

Mark Carney is set to only start increasing interest rates next year as Britain's level of inflation has stayed below the Bank of England's 2% inflati...

What Kind of Growth Do You Want?

Phil Shanks | Posted 21.10.2014 | UK Politics
Phil Shanks

All the indicators suggest to me that the growth that we have is almost entirely due to the velocity of cash within the economy. The more times a pound is spent and re spent the greater the flow and this has an upward effect on growth.

Rate Hike Votes Three Years in the Making

Jeremy Cook | Posted 20.10.2014 | UK
Jeremy Cook

Today, the UK economy is in a lot better shape. Growth of 3.2% in the year to July - the strongest in the G10 - and the fears that to hold off on rate rises would create potential for dangerous bubbles in credit markets have been enough to move the votes of Martin Weale and Ian McCafferty to vote for a 25bps increase.

Brace Yourself For Yet Another Rail Fare Hike

The Huffington Post/PA | Posted 19.08.2014 | UK Politics

Rail passengers will suffer yet another price hike from January 2015, with some fares set to go up by as much as 5.5%. The new-year rise, means tha...

'I'm Not Muddled, You're Muddled'

The Huffington Post UK | Asa Bennett | Posted 13.08.2014 | UK Politics

A defensive Mark Carney accused his critics of being "muddled" as he signalled that the Bank of England will finally hike interest rates when Britons'...

Managing Housing Market Risks in the United Kingdom

Ruy Lama | Posted 27.09.2014 | UK
Ruy Lama

House prices are rising rapidly in the UK at an annual rate of 10.5 percent. House price inflation is particularly high in London (20 percent per year...

The Political Cost of Economic Mismanagement

John Mills | Posted 22.09.2014 | UK Politics
John Mills

The extent to which the UK and most of the rest of the Western world are currently mismanaging our economies clearly has a huge financial cost. In the longer term, however, the political cost will be even greater than the economic price - unless we see radical changes in policy. The failure of the West to deliver a reasonable economic performance - combined with the related problem of widespread inability to get difficult decisions taken - has led an increasingly large number of people across the world to consider whether more authoritarian of running modern diversified economies might work better than those based on liberal democracy.

What Recovery? Your Wages Are Still Falling Actually

The Huffington Post UK | Asa Bennett | Posted 16.07.2014 | UK Politics

Britons' wages are still growing much more slowly than inflation, raising fears that the pay squeeze is far from over, according to official figures. ...

Debunking the Myths Surrounding Exchange Rate Realignments

John Mills | Posted 14.09.2014 | UK Politics
John Mills

The UK is in trouble. It cannot pay its way in the world. We charge too much for our exports and we import far too much. Too few people buy British-made goods, because they are too expensive. We have high unemployment, high rates of inequality and the UK is falling deeper and deeper in debt...

Your Standard of Living Depends on the UK Exchange Rate

John Mills | Posted 15.08.2014 | UK Politics
John Mills

As soon as anyone suggests that the UK exchange rate is too high and that the pound is overvalued, there's an immediate reaction - and not usually a good one! But the problem is that the high pound is causing us all sorts of difficulties and it's affecting every man, woman and child in the UK right now, today.

Here's Why Your Wages Still Won't Be Rising Yet

The Huffington Post UK | Asa Bennett | Posted 20.05.2014 | UK Politics

Inflation rose for the first time in 10 months in April, dashing hopes that the recovering economy could finally see wages start to rise in real terms...

Shocking Error Could Wreck 'Cosmic Holy Grail' Team's Nobel Chances

The Huffington Post UK | Posted 14.05.2014 | UK Tech

It was hailed as the 'holy grail' of physics, and immediately deemed worthy of a Nobel Prize. … Not so fast. Rumours are emerging -- just goss...

Inflation Down But Market Failures Still Contribute to 'Cost of Living Crisis'

Tony Dolphin | Posted 14.07.2014 | UK Politics
Tony Dolphin

With the large increases in employment seen over the last couple of years now starting to create shortages of workers in some areas, there has also been an increase in the growth rate of average earnings in recent months. The result is that earnings in real terms - that is after adjusting for inflation - are no longer falling.

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 10.05.2014 | 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. ...