Consumer spending is forecast to grow 5.7pc this year, another downgrade from the 6.8pc previously predicted. EY Item Club said 2022 looks set to be the first…

In 2005, former chancellor Gordon Brown launched a tax-free savings scheme designed to help parents save for their children’s futures. Some six million children born between 2002…

The cost of living crisis has several roots – principally higher energy bills and other imports and post-Covid supply problems, about to be exacerbated by the self-inflicted…

Savers need to find an extra £1,100 to add to their emergency funds this year to keep up with rampant inflation, as rising prices add to the…

Question three:  How exposed is my portfolio to things that might reasonably be considered inevitable over the next few years? Whether or not we hit the net-zero…

Workers must demand their pay rises by 8.7pc just to keep up with spiralling inflation and upcoming tax increases, after prices grew at their fastest rate in…

Is gold the dog that refuses to bark in the current bout of inflation? The news on the cost of living continues to worsen but the precious…

Unemployment has also dropped back below 4pc and wage pressures are building in response to the rise in inflation, prompting debate among rate-setters over when to begin…

Former Fed chair Janet Yellen famously said that central bank policy should be like ‘watching paint dry: uneventful, unsurprising and dull. She didn’t get her wish in…

High-profile victims include Peloton and Robinhood, the share trading app that became famous during an explosion in retail trading at the onset of the pandemic.  Perhaps the…

Mr Hartnett says they have not paid much tax and therefore enjoy scant political goodwill. They will face a triple headwind: tight money, a regulatory sledgehammer, and…

Kane says firms like his have partly been victims of demand as well as supply – normally not a problem. A typical conservatory company might fit windows…

Bruno Le Maire, the French finance minister, said households faced rises in electricity prices of up to 40pc “if we don’t find a solution in the coming…

“Anything that makes our mortgage more expensive is not great,” says Felicity Meares, a 31-year-old architect from Surrey. “Luckily we have some time left on our fixed-rate…

We in Britain are unlikely to be so lucky: the loss of value of the pound domestically – which is what the consumer prices index measures –…

A year ago, when the S&P 500 stood at 3,750 a simple model that factors in earnings growth, the level of government bond yields, dividends and the…

This is true when it comes to wage mandates too: 56pc of panelists either “strongly disagree” or “disagree” with the proposition that the UK Government can raise productivity through…

Yet there is no sign of pay inflation rising across Europe and it is unlikely that the ECB will give any hint of an interest rate increase…

Mr Allen-Reynolds said: “With Covid cases rising, governments tightening restrictions, and supply problems constraining output, the economy looks set for a very weak fourth quarter.” Worries are…

This week we present the first full list of holdings of our Wealth Preserver portfolio and, again for the first time, report on the income they have…

The Bank for International Settlements has long warned that this would happen if central banks (it meant the Fed) did not break the addiction, and did not…

Turkey’s central bank has intervened to support the lira for the first time in seven years after weeks of sharp falls that dragged the currency to a…

Even so, there has been some back-tracking. Trade unions are becoming more hard line, the government is raising business costs – not least through increases in the…

The Bank of England has suggested that inflation will reach 5pc by next spring, whilst Citibank has forecast it could even hit 6pc.  Mr Lawson said the…