Martin Lewis issues urgent warning on ‘above inflation’ price hikes – will you pay more?
MARTIN LEWIS has issued an urgent warning on incoming price hikes which could affect millions of customers. In early 2021, one of the UK’s biggest telecom companies will be raising their prices but the Money Saving Expert explained some customers may be able to take action to mitigate the costs. Daily Express :: Finance Feed
State pension: Experts warn that inflation figures could put triple lock under threat
STATE pension payments under current rules are guaranteed to increase every year. The triple lock system ensures that pensions will rise either in line with inflation figures, average earnings growth or 2.5 percent. Daily Express :: Finance Feed
State pension: Inflation drops to three-year low in major boost for pensioners
STATE PENSION: The rate of CPI inflation has dropped to its lowest since November 2016, the Office for National Statistics has said today. Commenting on the news, it has been suggested that this could be “good news” for those claiming the state pension. Daily Express :: Finance Feed
Pound US Dollar GBP/USD exchange rate slides despite US inflation slumping to 8-month low
The pound slumped against the US dollar this afternoon with the pairing currently trading at around $ 1.220. The dollar continued to rise against the pound today despite data revealing US producer prices suffered their largest decline in eight months. Daily Express :: Finance Feed
Pound euro exchange rate: GBP/EUR eases despite Eurozone inflation hitting a two-year low
The pound euro exchange rate eased to €1.0916 today despite Eurozone inflation falling to its weakest point in more than two years. The July report showed the year-on-year figure dropped from 1.3 percent to 1 percent. Analysts at Bloomberg commented: “The report adds to negative data over the past weeks that may convince [European Central […]
Pound US dollar exchange rate: GBP/USD steady, UK inflation beats Bank of England’s target
THE pound US dollar exchange rate is holding steady, with the pairing fluctuating around $ 1.205. UK inflation figures for July beat forecasts, rising from 2.0 percent to 2.1 percent – overshooting the Bank of England’s 2 percent target. Daily Express :: Finance Feed
ECB warned: Draghi must act ‘quick’ as German inflation disappoints
THE European Central Bank has been warned it must be “quick on its toes” to adapt policies or risk leaving European Union economies dented from trade spats and political tension. Daily Express :: Finance Feed
No deal Brexit WARNING: Pound will CRASH and inflation to SOAR, says Carney
BANK of England Governor Mark Carney has warned the pound would crash, inflation will soar and interest rates would have to ripe in the event of a no-deal Brexit. Daily Express :: News Feed
India rupee latest: India retail inflation rate DROPS as rupee stabilises against USD
INDIA saw its retail inflation rate drop sharply in October as the rupee appeared to stabilise after plummeting in value against the US dollar this year. Daily Express :: Finance Feed
Pound euro exchange rate: GBP rises on Eurozone inflation rate upset
THE pound has traded higher against the euro today, with disappointing Eurozone inflation data enabling a GBP/EUR exchange rate rise. In the bigger picture, the pound is still trading at its best weekly exchange rate of €1.125 against the euro. Daily Express :: Finance Feed