Prices, as measured by inflation, are rising at a rate of 9% a year, the fastest for 40 years. Interest rates, which also affect the cost of living, were increased to 1.25% on Thursday by the Bank of England – the highest they have been for 13 years.
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Government borrows less than expected in September
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Take the interest payable on central government debt: not horribly high in September, but in fact third lowest since...
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ARM: UK-based chip designer sold to Nvidia
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By Leo KelionTechnology desk editor image copyrightGetty Images/ARM UK-based computer chip designer ARM Holdings is being sold to the...
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Liz Truss resists calls for earlier tax plans assessment
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Some Tories believe publishing the forecast sooner would reassure markets following a turbulent week.
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Will we be getting our cash from shops, not ATMs?
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Coronavirus is expected to have hastened a further decline.
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Train strikes: Passengers warned of more disruption as drivers walk out
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Passengers with advance, off-peak or anytime tickets affected by the strike on 13 August can use their ticket either...
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‘I’ve no idea when I’ll be told what shifts I have’
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It also found that full-time workers being paid less than the £9.50 an hour real living wage were particularly...
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Tobacco giant Philip Morris raises bid for respiratory drugmaker
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The London-listed company said on Friday that it believed it could better positioned under Carlyle’s ownership, noting the “reported...
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Windfall tax to end if energy prices drop
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In a statement, the Treasury said the windfall tax – called the Energy Profits Levy – will end if...
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