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Inflation

Chocolate and sweets prices jump ahead of Easter (Picture: Getty Images/EyeEm)

Chocolate and sweets prices jump ahead of Easter

When the spring Cost of Living payment will hit your bank accounts

The Bank of England has pushed interest rates higher as it tries to put a lid on soaring prices after UK inflation unexpectedly jumped higher last month.
The Bank of England has pushed interest rates higher as it tries to put a lid on soaring prices after UK inflation unexpectedly jumped higher last month.

Bank lifts UK interest rates again but upgrades economic growth forecast

Interest rates will go up for the 11th consecutive time as the Bank of England is set to confirm an increase of 0.25% - Credit: Adobe
Interest rates will go up for the 11th consecutive time as the Bank of England is set to confirm an increase of 0.25% - Credit: Adobe

Bank of England to raise interest rates in bad news for mortgages

Food inflation has hit its highest level in 45 years.
Food inflation has hit its highest level in 45 years.

Inflation creep: The price shock facing consumers, businesses and BoE

UK inflation shot up unexpectedly last month as vegetable shortages pushed food prices to their highest rate in more than 45 years, according to official figures. (Photo by JUSTIN TALLIS/AFP via Getty Images)
UK inflation shot up unexpectedly last month as vegetable shortages pushed food prices to their highest rate in more than 45 years, according to official figures. (Photo by JUSTIN TALLIS/AFP via Getty Images)

What does high inflation mean? This is what happens when inflation rises

Surprise jump in February inflation due to salad shortages, food & booze
Surprise jump in February inflation due to salad shortages, food & booze

Shock as inflation rises to 10.4% unexpectedly - what it means

The rise comes after three consecutive months of slowing, driven by dining out and food price rises.
The rise comes after three consecutive months of slowing, driven by dining out and food price rises.

Inflation rate in surprise jump to 10.4% in February

Public awaits biggest change to TV licence fee in two decades amid turbulent times for BBC
Public awaits biggest change to TV licence fee in two decades amid turbulent times for BBC

Major change to TV licence fee on the way amid turbulent times for BBC

Chancellor of the Exchequer Jeremy Hunt has announced the UK Government’s budget in the House of Commons - but what does it mean for the average Scot? Pic: Jane Barlow/PA Wire
Chancellor of the Exchequer Jeremy Hunt has announced the UK Government’s budget in the House of Commons - but what does it mean for the average Scot? Pic: Jane Barlow/PA Wire

Here's what the Budget means for Scottish households

John Lewis has department stores in Edinburgh and Glasgow, above, having closed its Aberdeen store. Further cost cutting is now on the cards across the business. Picture: John Devlin
John Lewis has department stores in Edinburgh and Glasgow, above, having closed its Aberdeen store. Further cost cutting is now on the cards across the business. Picture: John Devlin

John Lewis: Bonus blow and huge cost-cutting as retail icon slumps to £78m loss

Jeremy Hunt announced plans for new investment zones that he said could be as successful as Canary Wharf in London (Picture: Oli Scarff/Getty Images)
Jeremy Hunt announced plans for new investment zones that he said could be as successful as Canary Wharf in London (Picture: Oli Scarff/Getty Images)

Hunt's Budget optimism can't hide the harsh economic reality faced by many

Britain’s Chancellor of the Exchequer Jeremy Hunt poses with the red Budget Box as he leaves 11 Downing Street in central London on March 15, 2023, to present the government’s annual budget to Parliament. (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images)
Britain’s Chancellor of the Exchequer Jeremy Hunt poses with the red Budget Box as he leaves 11 Downing Street in central London on March 15, 2023, to present the government’s annual budget to Parliament. (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images)

Budget 2023: Living standards to fall by 6% - OBR

Chancellor Jeremy Hunt addressed the House of Commons with his Spring Budget 2023 on Wednesday - Credit: Getty Images
Chancellor Jeremy Hunt addressed the House of Commons with his Spring Budget 2023 on Wednesday - Credit: Getty Images

Key announcements from Chancellor Jeremy Hunt’s Spring Budget 2023

The Energy Price Guarantee (EPG) will remain at £2,500 for an additional three months.
The Energy Price Guarantee (EPG) will remain at £2,500 for an additional three months.

Budget 2023: Energy Price Guarantee to be extended to June

The price of Royal Mail first and second class stamps are to increase
The price of Royal Mail first and second class stamps are to increase

Royal Mail to increase price of first and second class stamps

Pret will be giving staff their third pay rise this year
Pret will be giving staff their third pay rise this year

Pret A Manger to give staff third pay rise in 12 months

Primark owner Associated British Foods has upped its outlook for the full year after reporting a jump in sales at the budget fashion chain
Primark owner Associated British Foods has upped its outlook for the full year after reporting a jump in sales at the budget fashion chain

Primark reports unexpected profits as people shop early for summer

The price of pasta has doubled in the last two years as the cost of everyday essentials soars
The price of pasta has doubled in the last two years as the cost of everyday essentials soars

Pasta prices double in two years as cost of everyday essentials soars

Shoppers have been juggling with steep price hikes on many food and household items for months now.
Shoppers have been juggling with steep price hikes on many food and household items for months now.

Poorest hit hardest as supermarket value ranges increase by a fifth

Millions of O2 and Virgin Mobile customers will be hit with price hikes of up to 13.4% from April
Millions of O2 and Virgin Mobile customers will be hit with price hikes of up to 13.4% from April

O2 customers facing 13.4% increase in monthly payments

Millions of households have cut back on streaming services in recent months as the cost of living crisis deepens. Analysts Kantar found that the number of paid-for video streaming subscriptions in the UK declined by two million in 2022, from 30.5 million to 28.5 million.
Millions of households have cut back on streaming services in recent months as the cost of living crisis deepens. Analysts Kantar found that the number of paid-for video streaming subscriptions in the UK declined by two million in 2022, from 30.5 million to 28.5 million.

How to save money on streaming services including Netflix and Prime

Leading law firm says the anticipated housing market crash hasn’t hit the Lothians yet
Leading law firm says the anticipated housing market crash hasn’t hit the Lothians yet

Ad Feature Edinburgh property market: no sign of ‘crash’ in city

RCN nurses suspend next week’s strike and enter pay negotiations

Paperchase went into administration last month
Paperchase went into administration last month

Shops leaving the UK high street as retailers announce closures

Shoppers have been juggling with steep price hikes on many food and household items for months now.
Shoppers have been juggling with steep price hikes on many food and household items for months now.

Analysis: Government faces momentous challenge halving inflation by end of year

Supermarket shoppers will have noticed many everyday items increasing in price several times over the past year.
Supermarket shoppers will have noticed many everyday items increasing in price several times over the past year.

Inflation: 'Fight far from over' as inflation falls but remains in double digits

Huel was founded by entrepreneurs Julian Hearn and James Collier who named the product by combining the words “human” and “fuel”. The company claims when mixed with water, its powders provide “complete nutrition” and are a healthy alternative to traditional meals that help you “lose, gain or maintain weight”.
Huel was founded by entrepreneurs Julian Hearn and James Collier who named the product by combining the words “human” and “fuel”. The company claims when mixed with water, its powders provide “complete nutrition” and are a healthy alternative to traditional meals that help you “lose, gain or maintain weight”.

‘Misleading’ Huel adverts that claimed shakes save money banned

The rise in food prices has slowed in recent months
The rise in food prices has slowed in recent months

Official figures show UK inflation remains near 40 year high

The first £301 instalment of the money, which is intended to help vulnerable people pay their energy and grocery bills as inflation hits a 40-year high, is due to hit bank accounts this spring.
The first £301 instalment of the money, which is intended to help vulnerable people pay their energy and grocery bills as inflation hits a 40-year high, is due to hit bank accounts this spring.

1.7 million people set to miss out on £301 cost of living payment

The UK economy has avoided a recession
The UK economy has avoided a recession

UK economy avoids recession in second half of 2022

Wetherspoons have increased their prices on a pint by 7.5%.
Wetherspoons have increased their prices on a pint by 7.5%.

Wetherspoons increase prices on food and drinks across UK pubs

Andrew Bailey, Governor of the Bank of England, during the Bank of England Monetary Policy Report Press Conference in London. Picture: Yui Mok/PA Wire
Andrew Bailey, Governor of the Bank of England, during the Bank of England Monetary Policy Report Press Conference in London. Picture: Yui Mok/PA Wire

Inflation ‘guaranteed’ to fall in 2023 unless new global shock hits, says Bank

The Bank of England, above, has voted to increase the base interest rate from 3.5 per cent to 4 per cent.
The Bank of England, above, has voted to increase the base interest rate from 3.5 per cent to 4 per cent.

Interest rates jump to 4% but Bank of England offers glimmer of hope: reaction

The rules for Universal Credit are due to change in February.
The rules for Universal Credit are due to change in February.

Six major money changes coming in February

A woman holds a basket of shopping.
A woman holds a basket of shopping.

Average shopping bill to increase by £788 as food inflation hits 16.7%

Members of the Fire Brigades Union (Photo: Fire Brigades Union)
Members of the Fire Brigades Union (Photo: Fire Brigades Union)

UK firefighters’ strike 2023: everything you need to know

Chancellor Jeremy Hunt last week talked up the UK economy and its growth prospects in his first major speech in the post
Chancellor Jeremy Hunt last week talked up the UK economy and its growth prospects in his first major speech in the post

UK only major economy to shrink in 2023 - IMF

Chancellor Jeremy Hunt, who will meet with business groups on Wednesday over government plans for help on energy bills amid fears the support will be halved after the current scheme ends.
Chancellor Jeremy Hunt, who will meet with business groups on Wednesday over government plans for help on energy bills amid fears the support will be halved after the current scheme ends.

Chancellor defends not cutting taxes calling Brexit a catalyst for bold choices

Robin Bulloch is the chief executive of TSB Bank. Picture: Andrew Parsons/Parsons Media
Robin Bulloch is the chief executive of TSB Bank. Picture: Andrew Parsons/Parsons Media

TSB Bank posts higher profits and says borrowers 'coping well', for now

Broadband prices are set to rise in 2023, adding even more pressure on families amid the cost of living crisis.
Broadband prices are set to rise in 2023, adding even more pressure on families amid the cost of living crisis.

How much your broadband bill could rise in 2023 - what to do about it

Lidl and Aldi customers have seen the highest price increases last year.
Lidl and Aldi customers have seen the highest price increases last year.

Aldi and Lidl prices has increased the most from soaring inflation

Supermarket shoppers will have noticed many everyday items increasing in price several times over the past year.
Supermarket shoppers will have noticed many everyday items increasing in price several times over the past year.

Analysis: Inflation cools but data masks some shocking trends

A man poses holding a petrol pump nozzle at a filling station in Birkenhead, north-west England. (Photo credit should read PAUL ELLIS/AFP via Getty Images)
A man poses holding a petrol pump nozzle at a filling station in Birkenhead, north-west England. (Photo credit should read PAUL ELLIS/AFP via Getty Images)

Top tips on how to make a tank of petrol last longer

Martin Lewis has given an update to households that have broadband (Photo: ITV)
Martin Lewis has given an update to households that have broadband (Photo: ITV)

Martin Lewis warns of broadband price rises - what to do about it

National ambulance and NHS trade unions have announced a day of strike action to take place tomorrow.
National ambulance and NHS trade unions have announced a day of strike action to take place tomorrow.

NHS advise when to use 999 as ambulance driver strikes begin today

Labour leader Sir Keir Starmer accused Rishi Sunak of lacking ambition and ideas.
Labour leader Sir Keir Starmer accused Rishi Sunak of lacking ambition and ideas.

Sir Keir Starmer accuses Rishi Sunak of 'sticking plaster politics'

“Less time to study, more time working and, in the end, that might have the effect that they’re not able to succeed in their course and again lead to the risk of them dropping out” Universities UK chief executive warns
“Less time to study, more time working and, in the end, that might have the effect that they’re not able to succeed in their course and again lead to the risk of them dropping out” Universities UK chief executive warns

University dropout numbers could rise amid cost of living crisis

A loaf of Tokyo Milk Bread will set you back £11.40
A loaf of Tokyo Milk Bread will set you back £11.40

Hackney bakery changing customers £11.40 for ‘softy, pillowy’ loaf

Glasgow-based strategist Craig Alexander Rattray plans to kick-off a six-month programme in January.
Glasgow-based strategist Craig Alexander Rattray plans to kick-off a six-month programme in January.

New initiative will offer construction bosses chance to 'prevent firefighting'

Meet some of the volunteers at Trussell Trust food banks in the UK

The RMT union is pressing ahead with strikes (Photo: Getty Images)
The RMT union is pressing ahead with strikes (Photo: Getty Images)

Train strikes: How to get refunds for tickets affected by RMT strike

RMT Union members stage an industrial protest. Picture: John Devlin
RMT Union members stage an industrial protest. Picture: John Devlin

If you think strikes are irritating try poor pay and working conditions

Children have the opportunity to meet Santa for free this Christmas

David Alexander
David Alexander

Government sleight of hand on real rental costs - David Alexander

Car finance costs jump by up to 40% in three years

The Scotsman Top Stories

Outgoing First Minister Nicola Sturgeon leaves the main chamber after her last First Minster's Questions in the main chamber of the Scottish Parliament in Edinburgh. Picture: Jane Barlow/PA Wire
Outgoing First Minister Nicola Sturgeon leaves the main chamber after her last First Minster's Questions in the main chamber of the Scottish Parliament in Edinburgh. Picture: Jane Barlow/PA Wire

Sturgeon officially tenders resignation as First Minister to King Charles III

The Scotsman's Conor Matchett, Alistair Grant and Alexander Brown discuss the SNP leadership result.
The Scotsman's Conor Matchett, Alistair Grant and Alexander Brown discuss the SNP leadership result.

WATCH: The Scotsman's politics team discuss election of Humza Yousaf

Humza Yousaf speaks after being elected as new SNP party leader
Humza Yousaf speaks after being elected as new SNP party leader

Humza Yousaf faces ‘full in-tray’ as half of Scots think country on wrong path