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The Latest Breaking News from Inflation

Boris Johnson branded the 'Comical Ali' of the cost of living crisis

The Prime Minister hit back at accusations that he has ignored the rising costs facing working families ahead of local council elections.

Daily Record

The stock market is a mess

With inflation already an uncomfortable fact, a rout will add to the cranky mood of voters and consumers.

Axios

First Bitcoin and Gold Combo Exchange-Traded Product Is Here: Bloomberg

The first-ever exchange-traded product combining Bitcoin and Gold has launched in Europe, offering long-term rewards and inflation protection, at least in theory

Benzinga

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‘Ostrich’ Boris Johnson has head in sand over cost of living, claims Labour

The Prime Minister repeatedly claimed Labour has ‘no plan’ and defended his Government’s economic record during PMQs.

The Independent UK

China Lockdowns Pose Earnings Risk For Major Industrial Stocks and Autos like Tesla

Industrial firms warned against China's strict COVID-19 curbs, intensifying supply chain disruptions and rising uncertainty about the business outlook, Reuters reports. Even as companies shuffled to keep up with soaring costs of everything from labor to raw materials, the Russian invasion of Ukraine and related Western sanctions drove up energy prices.…

Benzinga

Ukraine war contributing to largest commodity shock in 50 years, says World Bank

Report warns energy and food price surges with highest increase expected for natural gas in Europe

The Independent UK

Martin Lewis on mission to help half a million people on minimum wage who are underpaid

The UK minimum wage increased on April 1

Belfast Live

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Martin Lewis says half a million people on minimum wage in UK face being underpaid

The Money Saving Expert website has issued a guide to help employees check if they're being underpaid

Manchester Evening News

You can now get paid to advertise from your window

UK residents can now be paid £1,000 to display advertising from their window, as blinds company 247 Blinds opens up a remote side hustle opportunity

Wales Online

Primark confirms major change to website - and it’s good news for shoppers

Primark shoppers will soon be able to use its relaunched website to create a wish list of clothes. This means you'll be able to keep tabs on the outfits you want to purchase later on

Daily Mirror

Cheap UK supermarket shoppers are scrambling to - and it's not Tesco or Asda

Two supermarkets are proving popular with shoppers as annual food bills rise by £271

Liverpool Echo

Editorial: Blaming Biden only goes so far in explaining current global inflation woes

A new International Monetary Fund report suggests that the economic hiccups roiling American politics are actually being felt worldwide and probably have little or nothing to do with President Joe Biden’s leadership. Biden certainly isn’t blameless for at least a portion of the nation’s current inflationary spiral, but the monetary…

St. Louis Post-Dispatch

Krispy Kreme offering a 41 per cent saving on Wednesdays

The offer will run for the next three weeks

Wales Online

Business backs government climate policy that Morrison says is a ‘carbon tax’ when attacking Labor

Business Council of Australia says safeguard mechanism ‘is already in place alongside a suite of other measures to reduce emissions’

The Guardian - AU

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The Guardian - AU

Unions point to 5.1% inflation in calls for NSW government to drop public service wage cap

Teachers are calling for pay rises of between 5% and 7.5% to address shortages and increased overtime

The Conversation

Politics with Michelle Grattan: Economist Saul Eslake on why Reserve Bank needs to raise rates next week

After Wednesday’s larger-than-expected inflation number, all attention has turned to the Reserve Bank’s meeting on Tuesday. If the bank moves next week, it will be the first time there’s been a rise in a campaign since 2007, the election John Howard lost.

Evening Standard

Lloyds Bank warning on economy as it tells customers “seek help”

BRITAIN’S biggest bank today issued stark warnings about what could happen to the economy if inflation takes grip and told customers in trouble to seek help sooner rather than later.

Chronicle Live

Primark warns shoppers of autumn price rises as costs increase

Primark has said it is no longer able to offset cost increases with savings and the price rises will take effect on its autumn and winter clothing ranges

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Bristol Post

Tesco's huge Clubcard 'shake-up' branded 'crazy' by shoppers

Another shopper said they now planned to boycott the store

The Independent UK

Lloyds sees signs of customer belt-tightening as cost-of-living crisis bites

The lending giant as seen 1.2 million subscriptions contracts cancelled over the past six months, with customers spending more on energy and food as i

ABC News

The Loop: Grim inflation figures revealed, senator told to 'pull your head in', Port Adelaide's recruitment coup

Get up to speed on today's headlines with The Loop.

The Conversation

Inflation hits an extraordinary 5.1%. How long until mortgage rates climb?

Australian consumer prices jumped an extraordinary 2.1% in the first three months of the year, the biggest quarterly jump since the introduction of the 10% goods and services tax at the start of the century.

Nottingham Post

Primark autumn range prices to rise as costs increase

It will come as a crushing blow for many

The Guardian - US

Revealed: top US corporations raising prices on Americans even as profits surge

A Guardian analysis uncovers how companies enriched themselves and their investors while boasting about jacking up prices

The Independent UK

Mothers paid 47% of minimum wage while on maternity leave

A ‘perfect storm of deprivation’ is brewing for families thanks to pitiful maternity pay rates

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