Inflation
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Inflation falls to lowest rate since March 2022
The 7.9% rise is lower than the 8.2% expected by City economists
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Britain only member of G7 where inflation is still rising
The UK is also in the bottom three of the OECD’s 38 rich nations
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Inflation will not hit 2% before 2026, warns Goldman Sachs
And interest rates will climb above 5% in the meantime
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Inflation has ‘turned the corner’, says Bank of England governor
Andrew Bailey says bank has “very big lessons to learn”
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Inflation set to drop back to single digits
ONS data suggests sharp decline in price growth could kick in soon
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Developers face a perfect storm of challenges
COMMENT Ion Property Developments’ Steve Parry on the road ahead for public and private schemes
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Inflation eases but stays above 10%
Interest rates predicted to rise as inflation stays in double digits
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Inflation will fall to 2% by end of year, says Citi
The prediction is well below the Bank of England’s target of 4%
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Eight in 10 London renters struggling with rising costs
Critical workers, including nurses, teachers and carers, are being priced out of the capital
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Inflation has closed more hospitality venues than Covid
18 sites are being lost a day, with a tenth of premises lost in the last three years
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Inflation will fall next year, say investors
But two-thirds say a recession is still on its way
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IMF says ‘worst is yet to come’ as it attacks mini-Budget
Global growth projection cut from 3.2% to 2.3%