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The Latest Breaking News from Inflation

Charity calls for immediate increase in child element of Universal Credit to help families with rising costs

The Joseph Rowntree Foundation said parents are skipping meals to ensure their children can eat.

Daily Record

Government must stop UK sleepwalking into recession due to ‘eye-watering’ inflation, says Chamber boss

Scott Knowles, 'More needs to be done to help consumers and businesses through this difficult period'

Birmingham Post

LOCALIZE IT: Ideas for local coverage of stock market slump

EDITORS/NEWS DIRECTORS:

The Independent UK

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More Americans apply for jobless benefits last week

More Americans applied for jobless aid last week, but the total number of Americans collecting unemployment benefits is at a 53-year low

The Independent UK

Shoppers warned milk prices will soar even higher amid cost of living crisis

Arla Foods' chief commercial officer Peter Giortz-Carlson said farmers are struggling with the price of packaging and feed for animals, and this will have to be passed on to shoppers

Daily Mirror

Why Cathie Wood Says Record-Breaking Inventories Could Lead To Weaker Prices

Benzinga

Grattan on Friday: Numbers fly as unedifying campaign draws towards its close

The text arrived on Thursday morning, from a woman who helps me with my horses. “And now I have to do that voting thing. Recommendations please? Who is best?”

The Conversation

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Michael Pascoe: Now Morrison fibs about immigration

Given the frequency of Scott Morrison telling lies, telling the AFR a fib about immigration levels just before an election is small beer, but also telling.

The New Daily

US earnings season and Australian real wage cuts dominate markets this week

Shares of US retail giant Target plunged 25 per cent this week, its largest drop since the 1987 market crash as investors panicked about surging inflation.

The New Daily

Jacinda Ardern says she’s lost all sense of taste after contracting Covid and misses flavour of cheese rolls

As a tradition Ardern shares cheese rolls with the finance minister for breakfast on Budget day

The Independent UK

How soaring inflation will affect your household finances over the next few months

The rate of inflation has now reached a 40-year high of 9%.

Daily Record

Three ways to help your finances right now, according to money expert

There are several things many people can look into

Wales Online

Expert warns people over council tax rebate scam

Peter Komolafe said scammers were calling people pretending to be from councils

Wales Online

Investors lose Rs 6.71 lakh crore as sensex crashes 1,416 points amid weak global cues

NEW DELHI: Equity indices posted its biggest drop in 2 months on Thursday tracking an extremely weak trend in the global markets.

The Times of India

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The Hindu

Will submit to the majesty of law: Sidhu after Supreme Court sentences him to one-year jail

Chandigarh

Axios

What stagflation means and what Biden could do about it

High inflation tends to break out when economic growth is really roaring.

The National (Scotland)

Martin Lewis in civil unrest warning as energy bills set to rise even further

MARTIN Lewis last night sent a warning to Westminster if the Government fail to act upon the cost of living.

The Times of India

Will submit to the majesty of law: Navjot Sidhu after SC sentences him to one-year jail

CHANDIGARH: Soon after the Supreme Court imposed a one-year jail term on him in a 1988 road rage case, former Punjab Congress chief Navjot Singh Sidhu said on Thursday he "will submit to the majesty of law."

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Reuters

Conservative incumbent in Canada's Ontario leads two weeks ahead of vote

Incumbent Progressive Conservative Doug Ford is leading the race to win a second term as Ontario premier with promises of tax relief at the gas pump amid soaring inflation and fixing clogged highways in Canada's biggest city, Toronto.

Insider UK

Union calls for change following strikes in North Sea

Oil rig workers have downed tools as wages no longer match rises in inflation

Daily Record

Calls to increase DWP benefits and State Pension before next April to help people with soaring living costs

The annual uprating is determined by the previous September’s inflation rate.

The Independent UK

Russia-Ukraine war impact draws focus of G7 finance leaders

Finance ministers for the Group of Seven leading economies on Thursday will deal with the immediate effects of Russia’s war in Ukraine and the COVID-19 pandemic, overtaking their more ambitious plans to reform the global economy

Evening Standard

Inflation threatens Sunday pub roast as Young’s takes chicken off the menu

CEO Patrick Dardis said: ‘We will sell out the fresh chickens we’ve got in our fridges, and we won’t be ordering any more.’

The Independent UK

Stock markets tumble as inflation surges and recession fears intensify

96 of top 100 shares fall into the red as warning signs flash for global economy

The Guardian - UK

Royal Mail warns another hike in stamp prices is likely after April increase

Postal service says potential rise would help offset higher staff and energy costs and fall in parcel deliveries

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People

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