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Which prices are rising and falling fastest? Use our spending calculator to find out
Inflation jumped to 2.3% in October – a six-month high.A rise in household energy bills contributed to the higher-than-expected reading.Economists had forecast a figure to 2.2% after a three-year low of 1.7% in September.But how does all of this affect the cost of groceries, clothing and leisure activities? Use our calculator to find out. Which …
Business
Sky News
Inflation is up – but which prices are rising and falling fastest? Use our spending calculator to find out
Inflation has risen for the second month in a row to 2.6% in November.Today’s percentage is above the Bank of England’s 2% target and marks an increase from October, when inflation climbed to 2.3% after three months of decline.While the 2.6% figure was expected by economists, it is above the 2.4% rate the Bank had …
Business
Sky News
Inflation: Which prices are rising and falling fastest? Use our spending calculator to find out
Inflation unexpectedly fell to 2.5% in December, following two consecutive months of increases.Today’s inflation rate is above the Bank of England’s 2% target but lower than the forecast of 2.6% by economists.This means that prices are still rising but at a slower pace than before.Read more:Inflation falls slightly after two months of risesBut how does …
Business
Sky News
First inflation rate increase in three months as energy bills rise
Inflation has risen by more than expected due to an increase in energy bills, according to official figures.It’s the first rise in the rate of price increases, as measured by the consumer prices index (CPI), for three months. The figure stood at 2.3% in October, according to the Office for National Statistics (ONS), above the …
Business
Sky News
‘Helping themselves like they own the place’: Stores warn of ‘out of control’ shoplifting surge
A woman casually walks into a convenience store and starts filling a bread crate with goods from one of the aisles. A shop assistant tries to stop her, but she shrugs him off, undeterred. With the crate now full of items, she leaves without paying. It is a scenario that is played out day in …
Business
Sky News
Bank of England governor backs big retail on budget jobs threat
The Bank of England governor has said industry lobby group the British Retail Consortium (BRC) was right to warn of job losses as a result of the budget.There is a “risk” of unemployment rising due to increases in employers’ national insurance contributions and minimum wage rises announced by Chancellor Rachel Reeves last month, Andrew Bailey …
Business
Business Live
Informa forecasts robust year-end results, buoyed by strategic growth in India and the Middle East
Informa, the events and digital services giant, has announced that it is on track to meet its full-year guidance, with growth fuelled by its strong presence in India and the Middle East. The FTSE 100 company anticipates hitting its already upgraded full-year guidance of over £3.5bn in revenue and £975m in adjusted operating profit, with …
Business
Sky News
The £272 flat white: UK’s ‘most expensive coffee’ goes on sale to fund farm’s future
A Scottish farm has launched what it says is the UK’s most expensive coffee – a £272 flat white – as part of a fundraising drive to transform the business into a zero-waste dairy facility.Those that splurge out on the drink – consisting of espresso and steamed milk from Mossgiel Farm – will be given …
Business
Sky News
Three workers die in Hyundai car test in South Korea
Three workers died during a car test at a Hyundai factory complex in South Korea on Tuesday afternoon, police said. The three were found unconscious in a car while they were testing it in a “chamber” at the plant in the southeastern city of Ulsan, according to a union official. Two of the workers were Hyundai …
Business
Sky News
Harrods chief Ward to step down as chair of luxury goods group Walpole
The boss of Harrods is to step down next year from the group which represents Britain’s luxury goods industry – one of a number of roles he will have relinquished since allegations emerged about years of abuse perpetrated by the Knightsbridge department store’s former owner.Sky News has learnt that Michael Ward will hand over the …
Business
Sky News
Thousands of farmers descend on Downing Street to protest against tax changes after ‘betrayal’
Thousands of farmers from across the UK are gathering in central London in the biggest protest yet against the government’s changes to inheritance tax rules.The reforms, announced in last month’s budget, will mean farms worth over £1m will be subject to 20% inheritance tax from April 2026. Farmers say that will lead to land being …
Business
Sky News
Higher prices certain and job losses inevitable after budget, retail chiefs warn
Dozens of retail bosses have signed a letter to the chancellor warning of dire consequences for the economy and jobs if she pushes ahead with budget plans which, they say, will raise their costs by £7bn next year alone.There were 79 signatories to the British Retail Consortium’s (BRC’s) response to Rachel Reeves’ first budget last …

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