British Retail Consortium

Mounting cost pressures: food inflation hit its highest level in 14 years during August (Credit: Getty/carlosgaw)

Food inflation hits 9.3%

By Rebecca Weller

Food inflation soared to its highest level in 14 years during August as pubs continue to “feel the squeeze from every angle”.

Interest rates cut to 5.25%

Interest rates cut to 5.25%

By Ewan Turney

The Bank of England has cut interest rates from 5.5% to 5.25% in a bid to spark growth in the economy. The move will benefit homeowners and borrowers...