Click to Enlarge
Facebook
Twitter
The Financial Times leads on a forecast from analysts at investment bank Citi forecasting UK inflation could exceed 18.6% in January, which would be the highest rate among Western nations. This month the Bank of England predicted higher gas prices would push inflation above 13%, but the sector’s rapidly increasing costs has left economic projections out of date, the paper says.

Financial Times Front Page 31st of October 2024

The Chancellor has introduced a £40 billion increase in taxes to address financial challenges and public service issues, with the majority of the fiscal responsibility falling on businesses and the wealthy, while also significantly increasing borrowing to fund £100 billion in capital expenditure.

Read More »