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.
Denne historien er fra August 04, 2022-utgaven av The Guardian.
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Denne historien er fra August 04, 2022-utgaven av The Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Rovers rejoice Batth pulls plug on Leeds' winning run
Danny Batth's last-minute equaliser rescued Blackburn a 1-1 draw at Elland Road and denied Leeds a 10th straight home win.
Ones to watch Ten young WSL and Championship stars to look out for in 2025
There is plenty of talent in England's top two divisions. Suzanne Wrack selects some promising players who could make their mainstream breakthrough this year.
Clement needs derby win to get fans onside and rouse drifting Rangers
Philippe Clement can only hope the law of averages is due to swing in his favour.
Boulter's win for GB helps sink fiance De Minaur's Australia
As the Great Britain and Australia teams lined up before their highly anticipated United Cup tussle, Alex de Minaur and Katie Boulter savoured the last moment of peace in their household for the day, greeting each other on-court with a friendly kiss on the cheek.
A year of two halves How global financial markets fared differently in 2024
Global stock markets climbed in 2024, helped by falling inflation and the US economy's success in avoiding a hangover after a strong post-pandemic recovery.
Plug-free hybrid cars must be banned by 2030, ministers told
Britain must press ahead with a ban on the sale of new hybrid cars with no plug from 2030 or risk taking \"a catastrophic misstep\" on the road to net zero, ministers have been warned.
Consumers warned against 'easy money' websites that buy IDs to use in betting
Consumers struggling to pay bills over the festive season have been urged not to sign up with companies that offer money in exchange for personal details in order to open multiple betting accounts in their name.
UK lost 37 shops a day in 2024 as high street continues to struggle
With the business rate discount falling to 40%, experts warn 2025 could be worse for high street shops
'We can be weirdos too' Black mermaids creating their own fantasy worlds
Dressed in a purple and turquoise seashell bra and an iridescent green tail, the professional mermaid Carrie Wata swam through a hula hoop that a group of children held underwater in a pool at a birthday party outside of Atlanta, Georgia.
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.
