Why is Britain getting inflation so wrong?

This month retired people saw their state pensions rise by 4.8 per cent. That’s comfortably above the current inflation rate and means that some pensioners have increases this year of as much as £575. That’s because of the Triple Lock guarantee which is a formula set 15 years ago ...  Show more

If you sail 90 miles from Key West in Florida you’ll make landfall on the island of Cuba, run by a regime that America has never liked. And since this is the year of bombs, drones and talk of regime change, the island has not escaped close attention. Donald Trump has talked about ...  Show more

Inflation has hardly been seen in the developed world economies for the last three decades. But now some economists are warning it could be returning with a vengeance, because of supply chain problems, post-Covid exuberance, and higher wage demands. What is going on, and should w ...  Show more

The latest hot inflation data makes difficult reading for the Bank of England, which may have to raise interest rates further. And it’s a political hot potato for the PM, who has pledged to halve inflation by the end of the year. We get reaction from Exchequer Secretary to the Tr ...  Show more

With food and heating prices going up, and wages not rising at the same rate, there is pressure on central bankers across the world to tackle inflation. But is this the right approach? And can it be done without crashing the economy?Ed Butler hears from parents at a cheerleading ...  Show more

Fresh data from the U.S. government on Wednesday showed that inflation was still climbing at a rapid pace, prompting President Biden to say that controlling the rising prices was his “top domestic priority.”

But not everybody experiences inflation equally. Why is that?</ ...