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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Tesco vows to rein in prices as profits treble
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However, products that require a lot of energy to produce are experiencing the highest cost pressures. Tesco accepted a...
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Bank opens door to August interest rate cut
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The Bank of England has opened the door to cutting interest rates in August in what would be the...
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Abercrombie & Fitch launches investigation into ex-CEO sexual misconduct claims
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Alex, a straight man then in his 20s, said he was auditioned by Mr Jacobson, who praised his dancing...
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Firms opt for smaller Christmas parties over Omicron fears
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“The government needs to recognise that, while restrictions are not in place for the hospitality and night time economy...
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£23m support fund for struggling fishing firms
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Brexit: Fishing firms hold London protest over disruption
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Last day for an Eat Out to Help Out discount
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Media playback is unsupported on your device Media caption“I think it is going to be a tough winter” The...
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Post Office scandal: What the Horizon saga is all about
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Published 7 hours ago close panel Related Topics By Kevin Peachey & Michael Race BBC News The government is...
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What’s going on in the battle for the Telegraph?
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What’s in it for the other bidders? Nothing really. The other bidders have spent time and money preparing proposals...
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