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UK inflation hits 7% as cost of living crisis deepens – business live

  • 📰 The Guardian
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Rolling coverage of the latest economic and financial news

Inflation is hitting business confidence too. Sentiment among financial services firms has dropped at its quickest pace since September 2019, the latest CBI/PwC Financial Services Survey released this morning found., a 40-year high, as gasoline and food prices jumped.

 

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My tenants are getting annoyed at me adding 2% inflation every month of their rental prices. It's only fair as it costs me more.

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UK jobless rate drops as more people leave labour market, and wage squeeze continues – business liveRolling coverage of the latest economic and financial news “Today’s statistics shows a mixed picture for the UK’s labour market recovery with employment stationery at 75.5% and unemployment dropping to 3.8%. However, the vacancy rate remains high at 1.3 million, and economic inactivity continues to rise to 21.4%”
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