Why does the UK have highest inflation in G7 and is Brexit a factor?
Britain appears to be an international outlier after the shock reading in double digits this week Live coverage: Inflation jumps as cost of living crisis intensifies UK inflation rate in surprise rise to 10.4% Inflation calculator: find out how much price rises affect you Britain has the highest inflation rate in the G7, as the […]
Bank of England raises UK interest rates to 4%
Hike of 0.5 percentage points lifts rates to 14-year high, but BoE says shorter and shallower recession now more likely Interest rates rise again but Bank of England hints at a brighter future The Bank of England raised interest rates for a tenth consecutive time on Thursday from 3.5% to 4%, but said inflation may […]
Britain has reversed its decline before, but things may get worse before they get better | Andy Beckett
The decay has set in across social classes, and more deeply than when the country last turned itself around in the 90s Decline is a spectre that has haunted this country for at least a hundred years. Through the retreat from empire, postwar recessions and growth panics, and our inward turn since Brexit, the worry […]