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Inflation

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About Inflation


In economics, inflation is a sustained increase in the general price level of goods and services in an economy over a period of time.

No interest rate cuts for foreseeable future, says Bank of England

No interest rate cuts for foreseeable future, says Bank of England
Nov 27,2023 9:31 am

... Andrew Bailey said getting Inflation, which is the rate consumer prices rise at, down to the Bank s 2% target would be " hard work"...

Autumn Statement: Jeremy Hunt cuts National Insurance but tax burden still rises

Autumn Statement: Jeremy Hunt cuts National Insurance but tax burden still rises
Nov 22,2023 3:31 pm

... Mr Hunt used his hour-long Commons speech to claim the government had put the economy " back on track" by halving Inflation - the rate at which prices go up - and reducing borrowing...

'We've halved inflation' and other claims by the PM checked

'We've halved inflation' and other claims by the PM checked
Nov 20,2023 1:01 pm

... I promised you we would halve Inflation - we took the difficult decisions and we have delivered on that promise Rishi Sunak, from its level of 10...

Rishi Sunak: The time has come to cut tax

Rishi Sunak: The time has come to cut tax
Nov 20,2023 7:11 am

... Mr Sunak said his target of halving Inflation had been met so taxes would be reduced in " a responsible way"...

Is Rishi Sunak's approach convincing or confusing voters?

Is Rishi Sunak's approach convincing or confusing voters?
Nov 17,2023 9:11 pm

... Cutting NHS waiting lists is one of Rishi Sunak s along with halving Inflation - a target met this week - growing the economy, reducing debt and stopping the boats...

Can government claim credit for fall in inflation?

Can government claim credit for fall in inflation?
Nov 15,2023 5:51 am

...By Andy VerityBBC economics correspondentThis morning the prime minister tweeted: " In January we said we d halve Inflation...

Autumn Statement 2023: When is it and how will it affect me?

Autumn Statement 2023: When is it and how will it affect me?
Nov 7,2023 9:41 pm

... What are the key challenges facing the UK economy? Inflation is still too highInflation - the rate at which prices rise - has fallen sharply since the high of 11...

How does your pay compare with other jobs?

How does your pay compare with other jobs?
Nov 3,2023 10:11 pm

... Despite the increases in pay, most workers wages rose by less than Inflation, the rate at which the cost of goods and services rise...

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