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The Bank of England must guard against a wage-price spiral

Jhe recent outburst of industrial action, such as the rail strikes of the past week, shows how much the cost of living crisis is...

Inflation makes 4th of July celebrations more expensive than ever

Photography Inc. | E+ | Getty ImagesNothing says Independence Day like a good old-fashioned barbecue.In keeping with tradition, most Americans — about...

Heinz products are low at Tesco compared to the price line

KraftHeinz, the company behind Heinz Baked Beans and Heinz Tomato Ketchup, has stopped supplying certain products to the UK's largest supermarket, Tesco, over a...

Fuel retailers ride for a slump by raising prices

Yesou would think fuel retailers would exercise restraint ahead of the Competition and Markets Authority's "rapid high-level" review of the sector, due to be...

Ofgem reveals £21bn network overhaul to cut ‘long-term’ bills

EEnergy regulator Ofgem today unveiled a £21billion plan for the overhaul of local energy networks which it says will reduce bills "in the long...

Grocery charges up to £380 as prices hit 13-year high

BRitons are set to see their annual grocery bills soar by £380 this year as food price inflation hits a new 13-year high, according...

Glencore commodities trading on track for record profits

The mining giant said it now expects profits in the first six months of 2022 to top $3.2bn (£2.6bn), above the upper end out...

Millennial millionaires are delaying home and car purchases due to inflation

Millennial millionaires are temporarily suspending major purchases as interest rates and inflation rise, according to UKTN's Millionaire Survey.According to the survey, nearly half of...

Millionaires are raising money for fear the Fed can’t tame inflation and stave off recession

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, United States, May 9, 2022. Brendan Mcdermid | ...

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