On the eve of the latest decision on interest rates by the Bank of England, the Resolution Foundation think tank said price pressures were likely to be stronger and last longer than the Bank had previously forecast.
The Bank's monetary policy committee - which said in June that it expected inflation to peak at just over 11% in October - is poised to raise official borrowing costs today for a sixth successive month despite signs that the economy is weakening.
The latest monthly health check of the service sector from the financial information firm S&P Global and the Chartered Institute of Procurement and Supply found that activity among private firms operating in the service sector had fallen to its lowest level since the coronavirus pandemic lockdown of early 2021.
Diese Geschichte stammt aus der August 04, 2022-Ausgabe von The Guardian.
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Diese Geschichte stammt aus der August 04, 2022-Ausgabe von The Guardian.
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Rovers rejoice Batth pulls plug on Leeds' winning run
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UK lost 37 shops a day in 2024 as high street continues to struggle
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Judge's warning Threats called out
Allies and aides to Donald Trump should be increasingly concerned by Elon Musk's proximity to and influence on the US president-elect, the Yale historian and bestselling author Timothy Snyder has said.
