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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People are worried that AI will take everyone’s jobs. We’ve been here before.
admin, , Business, TOP STORIES, 0
Even those who agreed that jobs will come back in “the long run” were concerned that “displaced wage-earners must...
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Boeing: Bolts missing from door, says blowout report
admin, , Business, 0
The incident happened minutes after Alaska Airlines Flight 1282 took off, and involved a panel covering an unused emergency...
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Defence firm Meggitt’s new US owner in jobs pledge
admin, , Business, 0
Sir Nigel Rudd, chairman of Meggitt, said: “Meggitt is one of the world’s foremost aerospace, defence and energy businesses,...
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Grant Thornton fined £2.3m for Patisserie Valerie scandal
admin, , Business, 0
There had been a similar failure 10 months earlier, when Carillion, a giant construction and services group, also ran...
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Winter fuel cut to put 50,000 into poverty next year
admin, , Business, 0
An additional 50,000 pensioners will be living in relative poverty next year as a result of cuts to the...
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UK train services cut due to Covid staff absences
admin, , Business, 0
Meanwhile, c2c’s website says that as well as improving reliability given increased staff sickness rates, the timetable it has...
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Reeves welcomes IMF’s improved growth forecast
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The UK economy is set to “accelerate”, the International Monetary Fund (IMF) has said as it raised its growth...
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Record mortgage borrowing as owners move or improve
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House hunters, particularly first-time buyers, might be helped in their quest to have enough for a deposit by families...
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