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    Midlands Radio

Inflation

5 Results / Page 1 of 1

cost of living crisis

What Does Inflation Have To Do With Rail Workers’ Salaries?

RMT secretary-general Mick Lynch on the picket lineThe stalemate between railway employers and workers continues this week, with neither side willing to give in over their idea of how much people should be paid.One of the primary arguments against increasing wages for striking rail workers is that it will lead to inflation, which is already at a 40-year high. But will it really?Here’s what you need to know.What are rail […]

today23 June 2022

boris johnson

Analysis: Boris Johnson Still Wants A High Wage Economy … But Not Yet

Boris Johnson used to talk about wanting a "high wage economy".At the Conservative Party conference last October, Boris Johnson was unequivocal.“We are embarking now on a change of direction that has been long overdue in the UK economy - we are not going back to the same old broken model with low wages, low growth, low skills and low productivity – all of it enabled and assisted by uncontrolled immigration,” he […]

today20 June 2022 1

cost of living crisis

Interest Rates Have Risen To Their Highest Since 2009. This Is Why That Matters

Woman taking cash out of UK cash machine and counting banknotesThe Bank of England has just announced it is raising interest rates to its highest levels since 2009. But what does that actually mean?This month’s increase sounds pretty marginal – from 1% to 1.25% – but this is actually significant when it comes to understanding what’s going on with the UK amid the global energy chaos and the 40-year-highinflation rate.Here’s […]

today16 June 2022 1

cost of living crisis

Which Grocery Items Have Gone Up (And Down) In Price Over The Last Year?

New data has revealed which groceries have increased in price over the last yearThe price of 30 grocery items in your regular food shop have changed in price over the last year, according to newly released data.By collecting online grocery prices from seven major supermarket websites and assessing the costs for the 30 items, the Office for National Statistics (ONS) has revealed how our grocery bills have changed compared to last […]

today30 May 2022 1

cost of living crisis

Inflation Reaches 9% – But It’s Even Higher For The UK’s Poorest

Inflation is causing growing concerns that portions of the population are being pushed into povertyFor the poorest households in the UK inflation rates have soared to 10.9% compared to an average of 9% for the rest of the country, according to new research.The ONS confirmed that inflation in the UK has hit a 40-year high on Wednesday, but as the Institute for Fiscal Studies (IFS) claimed, for the poorest 10% […]

today18 May 2022

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