A BATTLE is brewing within the Bank of England as the nine people who decide Brits’ borrowing costs are at odds over the timing of interest rate cuts. The Bank yesterday held interest rates at 4.75 per cent amid rising fears that inflation is creeping higher again. 6 The Bank’s Governor, Andrew… Bank of England … Read more
A GOOGLE employee has shared clever shopping hacks to keep your Christmas costs down. It’s easy to accidentally spend over the odds when you’re trying to stuff stockings – but there are some ways to shop smarter. 2 A Google employee has shared tips and tricks for finding the best prices online… Google employee reveals … Read more
President Bola Tinubu has said that the 2025 budget forecasts that inflation will decline from current 34.6% to 15% next year. He said this during his presentation of the N47.9 trillion 2025 budget proposal to a joint session of the National Assembly on Wednesday. The President also… Inflation will reduce by15%, Dollar …C0NTINUE … Read more
HOPES that interest rates will soon start falling were dashed yesterday after an unexpectedly big increase in wages stoked inflation fears. Official jobs figures showed that wages rose by 5.2 per cent in the three months to October. 3 After the surge in wage growth, traders have now put a… Wage surge dashes hopes for … Read more
MOTORISTS have dodged a massive fuel hike at the pumps this Christmas – but new figures show festive trips will still cost an extra quid a tank. Petrol prices have crept up 2.5p a litre since October, hitting 136.5p this week, while diesel has soared nearly 4p to 142.7p. 1 Motorists’ festive… Motorists dodge massive … Read more
UK average earnings rose by 5.2% in the three months to October, the latest data from the Office for National Statistics (ONS) reveals. Wages including and excluding bonuses were up 0.3% from 4.9% from the three months before. 1 Official figures have been released this morningCredit: Getty Annual… Wage growth rises as UK firms start … Read more
ALDI has attracted more shoppers than ASDA and Sainsbury’s for the first time as people try to save on grocery bills. The discount supermarket had 19.58million in the year to December, say industry stats by Kantar, seen by Sun Business. 3 More customers are joining Kevin The Carrot by heading to… Aldi attracts more shoppers … Read more
Nigeria’s inflation rate surged to 34.6% in November 2024 from 33.8% in October, according to the latest Consumer Price Index (CPI) report by the National Bureau of Statistics (NBS). This represents a year-on-year increase of 6.4 percentage points compared to 28.2% in November 2023. On a… Nigeria’s inflation rate hits 34.6%, driven by rising food … Read more
Price of coffee hits record highs as weather hits market – amount you pay for cup set to skyrocket …C0NTINUE READING HERE>>> THE price of coffee is set to hit record highs yet we continue to dig deeper into our pockets to fight the winter chills with a warm drink. While the cost of robusta … Read more
Britain on ‘recession watch’ after economy shrinks for second month in a row, experts warn …C0NTINUE READING HERE>>> BRITAIN is on “recession watch” after the faltering economy shrank for the second month in a row, experts say. Output contracted by 0.1 per cent in the four weeks before October’s Budget. 1 Experts say that the … Read more