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Prices could spiral for longer than predicted, warns ex-IMF chief economist, amid squeeze on disposable incomes

Jonathan Cable 3 minute read Summary reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=GBBASEQP BoE poll Reuters poll graphics on the UK inflation, monetary policy and economic growth outlook:https://tmsnrt.rs/2UPNwRv Reuters poll graphics on the UK economic outlook:https://tmsnrt.rs/3enAdip LONDON, July 16 (Reuters) - Britain's economy will expand rapidly this quarter as additional coronavirus-related restrictions are lifted and further pent-up demand is unleashed, a Reuters poll found, but growth is at risk from new variants of COVID-19. The country has suffered the highes...

UK inflation hits 2.1%, vaults past Bank of England target British inflation unexpectedly jumped above the Bank of England’s target in May when it hit 2.1%, part of a post-lockdown climb in prices that is expected gather pace. The acceleration of the consumer price index from April’s 1.5% largely reflected how weak inflation was in May 2020 when the economy was reeling from its first tight lockdown. The figure represented the first time inflation has gone above the BoE’s 2% target in almost two years and was above all 33 forecasts in a Reuters poll of economists which had pointed to a r...

It gave us cause to party and communities came together to toast the happy couple across Colchester and Tendring. Here are some of our favourite pictures, putting the spotlight on celebrations in Colchester, Wivenhoe, Mersea Island, Clacton, Frinton, St Osyth, Manningtree and Elmstead Market. What are your memories and do you have your own pictures to share from the big day? Email matt.plummer@newsquest.co.uk Patriotic - a wedding party featuring food, entertainment and stalls took place at the Mica Centre, in High Street, West Mersea Picture: NIGEL BROWN Community spirit - a wedding ...

William Chorley and his family, including his wife, daughter and grandson It has been published by Guild Care. The authors are Chris Hare and Lela Tredwell, who both live in Worthing. Chris explains: “In the years before the welfare state and the NHS, poorer people were entirely reliant on charity for their health care. Few charities did more to help the disadvantaged than the Southern Convalescent Homes, founded by Victorian preacher and philanthropist, William Chorley. “For decades the poor of London found rest, recuperation and convalescence in the homes opened by Chorley in Lancing. ...