But so-called “core” inflation, a measure which strips out energy and food, remains near its highest rate for 30 years. That suggests there is still strong spending on non-essentials, treats, with some people using savings stashed away during the pandemic, or due to pay rises.
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Homebase to put mini-garden centres at Next stores
admin, , Business, 0
So the chain is making space at its stores in Shoreham, Ipswich, Warrington, Camberley, Bristol and Sheffield, for garden...
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Rail disruption set to continue into next week after train cracks found
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He told BBC business correspondent Katy Austin that while body shell cracking would not “cause the trains to crash...
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Sainsbury’s boss: We are not profiting from high prices
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While the headline rate of food inflation was around 19%, that didn’t mean households were spending 19% more on...
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City drivers ‘should think twice’ before buying SUVs
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“The auto industry is developing a wide range of cleaner, greener vehicles with some of the best in SUV...
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Wine drinkers face higher prices and less choice, firm warns
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According to the Wine and Spirit Trade Association (WSTA), if wine is taxed according to its alcoholic strength in...
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Record numbers not working due to ill health
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Speaking to the BBC’s Today programme, Darren Morgan, director of economic statistics at the ONS, said that since the...
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Thames Water troubles swell as parent firm defaults
admin, , Business, 0
It has issued a formal notice to its bondholders, but asked them to take “no creditor action” in order...
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Brexit deal is ‘best Christmas present I could have’
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By Mary-Ann RussonBusiness reporter, BBC News The UK and European Union (EU) have finally reached a post-Brexit trade deal,...
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