UK inflation rises to 2.9% as Iran war fuels living costs squeeze
Higher energy costs push up CPI but jobs slowdown could deter Bank of England from raising interest ratesBusiness live – latest updatesUK inflation ...
Last updated: 2026-08-20 07:55:41 ET
Higher energy costs push up CPI but jobs slowdown could deter Bank of England from raising interest ratesBusiness live – latest updatesUK inflation ...
When inflation rises faster than workers' wages, it feels like they're getting a pay cut. Companies, meanwhile, benefit.
The home improvement retailer beat Wall Street estimates in its second quarter as its customers continued to take up smaller projects.
Sentiment climbed again on a bumper earnings season, while the economy overcomes some of the shock of the war in Iran.
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