However, inflation is yet to fall back to the Federal Reserve’s 2% target, and on Thursday, figures from the US Department of Commerce showed that inflation increased by 3.4% in the first three months of 2024. This is compared to an increase of 1.8% in the final three months of 2023.
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Cost-of-living payments branded insufficient as energy bills soar
admin, , Business, 0
Those payments were set when the typical energy bill was anticipated to rise by £800 – a prediction Ofgem...
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‘We’ll lose thousands if wedding rules don’t change’
admin, , Business, 0
“For every one wedding that we host here, there’s 30 people involved in putting on that day. From our...
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Boohoo ‘set to buy Debenhams brand and website’
admin, , Business, 0
Debenhams set to close putting 12,000 jobs at risk
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Water firms to say bill cap plan is ‘material risk’
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Water companies will say later today that a planned cap on bill increases would create a “material risk” they...
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Four Gupta steel firms face winding up orders, say reports
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The Community, Unite and GMB unions, who represent the steel industry, said in a joint statement: “This action by...
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No need to swap data for drinks, says privacy body
admin, , Business, 0
“I think it’s too easy to upload an app and straight away put your name, email address, payment details...
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Eat out to help out: ‘We’ve had 15,000 bookings’
admin, , Business, 0
Image copyright HawksmoorImage caption Will Beckett says the government’s scheme is positive because it is getting people to step...
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Mortgage affordability test scrapped by Bank of England
admin, , Business, 0
“The change in the affordability rules may not be as significant as it sounds as the loan-to-income ‘flow limit’...
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