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
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
BREAKING! Hunger rekindled as Nigeria’s inflation hits 34.6% | TheNewsGuru … BREAKING! Hunger rekindled as Nigeria’s inflation hits 34.6% …C0NTINUE READING >>>>
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
Push for ‘clean energy’ expected to cause rise in household bills, Ed Miliband hints …C0NTINUE READING HERE>>> HOUSEHOLDS face paying higher energy bills before they drop in price in the drive for clean energy, Ed Miliband has hinted. The Energy Secretary says consumers will see costs eventually fall but didn’t rule out costs rising in … Read more
Reeves admits latest GDP figures are ‘disappointing’ as UK economy shrinks AGAIN – even before Budget tax raid …C0NTINUE READING HERE>>> RACHEL Reeves admitted she was “disappointed” today after the economy shrank for the second consecutive month. Britain’s GDP fell by 0.1 per cent in October, following an identical slump in September. The Chancellor insisted … Read more
ICELAND’S boss has said “food is too cheap” despite three years of rising prices during the cost-of-living crisis. Richard Walker said the relaunch of its interest-free loans for customers to spend in-store was not because groceries are too expensive but due to wider pressures on household budgets. Iceland set up its Food Club with charity … Read more
Blow for shoppers as ANOTHER major retailer issues price hike warning after Budget tax hit …C0NTINUE READING >>> ANOTHER major retailer has warned that prices will have to rise following Rachel Reeves’ Budget tax hikes. The boss of Currys has said price rises will be “inevitable” as it prepares to face £32million in extra costs … Read more