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Wage rises which the bank of england things are fuelling inflation. interest rates remaining high, forecast perhaps to go higher and i wonder how significant you think that warning is in the report that they could be 1 that warning is in the report that they could bei million uk mortgage holders who will have their payments go holders who will have their payments 9° up holders who will have their payments go up by £500 per month over the next three years. what kind of impact could that have on the wider economy? impact could that have on the wider econom ? . ., _ impact could that have on th...

He believes food price inflation finally has peaked. he is saying that because the cost of some essentials are starting to come down. milk, bread, cooking oil, pasta, he said was 16% cheaper this month than last. but other commodities like rice, coffee and sugar, are still going up and there are still precious with energy and labour costs. so the big picture is although there are signs that food inflation is easing, that doesn't mean overall food prices are going to fall. it is just that they aren't going to go up as quick and i think thatis going to go up as quick and i think that is what he ...

Wages are rising at their fastest level in 20 years according to the latest figures. they've added weight to expectations that interest rates will have to rise further. our economics editor faisal islam reports. at this metalwork company in leighton buzzard there has been £100,000 increase in the wage bill. at all levels. including the minimum wage. they all had between five and 7% in the last six months. and separately, when it comes to recruitment, we are seeing really high prices coming through from the new recruits we are looking to employ. that is seen across the economy with ordinary wa...

Unions and business lobby groups are at loggerheads over the Fair Work Commission’s 5.75 per cent wage increase announcement.

That is lower than it was the previous month when it was 10.4%. that means prices are still rising but not quite as fast as they were pulled up just to but not quite as fast as they were pulled upjust to be but not quite as fast as they were pulled up just to be clear, but not quite as fast as they were pulled upjust to be clear, prices are not falling, they are rising but not as fast as they were. it takes into consideration a whole range of goods and services and working at the average price from what it was 12 months ago. it is on average. some things will have gone up by even more than tha...