Browsing: inflation

Hooters is closing down dozens of underperforming restaurants as inflation wreaks havoc on the hospitality industry.The sports bar-style restaurant chain…

After months of sluggish performance, signs of life are emerging on the British High Street.Sales volumes increased by 2.9% in…

Homeowners are pleading for relief as they wait for a cut in borrowing costs.The Bank of England held its current…

The Bank of England has indicated a potential interest rate cut in August, a decision that could mark the first…

Inflation has finally reached its 2% target after nearly three years. Food prices have played a significant role in this…

UK inflation has slowed to 2 per cent in May, its lowest level since July 2021, aligning with the Government…

HSBC warns of potential economic consequences linked to Labour’s new wage proposal. The proposed ‘genuine living wage’ might escalate mortgage…

HSBC economists have raised alarms about Labour’s proposed living wage plans, suggesting they could lead to inflation and job cuts.…

The recent rise in minimum wage has led to significant cuts in summer job hires. Employers across key sectors are…

UK wage growth remains strong, maintaining pressure on inflation. This development complicates hopes for an interest rate cut by the…