Cooling UK labour market ‘questions need’ for Bank of England rate hikes; grocery inflation slows to two-year low – business live
2 sources·Updated August 19, 2026
Covered by 2 sources
- Guardian World·2h agoUK inflation rises to 2.9% as Iran war fuels living costs squeeze
Higher energy costs push up CPI but jobs slowdown could deter Bank of England from raising interest rates UK inflation rose to 2.9% in July as the impact of the Iran war on energy prices triggered a renewed cost of living squeeze for British households. Underscoring the…
Read at Guardian World → - Guardian Business·1d agoCooling UK labour market ‘questions need’ for Bank of England rate hikes; grocery inflation slows to two-year low – business live
Brent crude climbs above $91 a barrel as US-Iran ceasefire ends Grocery inflation in the UK has slowed to the lowest rate in almost two years, bringing some relief to households, a monthly survey shows (ahead of tomorrow’s official inflation data). Inflation at supermarkets and…
Read at Guardian Business →
