Bank of England chiefs are poised to further hike interest rates and pile more misery on mortgage holders after inflation unexpectedly remained frozen last month on 8.7 per cent. The Office for ...

Additional inflation relief looks to be delayed. That was one of the major takeaways on Tuesday when the latest inflation reading showed inflation in July at the same point it was in June – 2.7%.

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Inflation has been brutal over the past few years. After decades of running below 3%, starting early 2021, the Consumer Price Index increased rapidly as the economy opened back up after Covid-19 ...