Tag: prices
Falling petrol prices push UK inflation down
Falling petrol prices drove UK inflation down by more than expected in the year to March. Inflation was 2.6%, down from a rate of 2.8% in February, according to official data. But the fall may only be temporary as analysts say it’s expected to spike from April as rising bills and higher business costs take…
Musk, DOGE violated Constitution, judge says. And, when egg prices might drop
By Brittney Melton here to get it delivered to your inbox, and listen to the Up First podcast for all the news you need to start your day. Elon Musk and the Department of Government Efficiency likely violated the Constitution when they effectively shut down the U.S. Agency for International Development, a federal judge has ruled. President…
Trump’s Plan to Lower Egg Prices and a Threat to Bird Flu Vaccines Explained
The Latest on Egg Prices and a Bird Flu Vaccine in Jeopardy The CDC has sequenced bird flu viruses from people in Nevada and Wyoming, and the Trump Administration has released a strategy for reducing egg prices By Tanya Lewis edited by Dean Visser Join Our Community of Science Lovers! We’re regularly rounding up the…
US consumers warned to brace for higher prices due to Trump’s tariffs
Retailers predict prices ‘highly likely’ to rise almost immediately after 25% duty came into effect on exports from Mexico Americans have been warned to brace for higher prices within days after Donald Trump pulled the trigger on Monday and imposed US tariffs on goods from Canada and Mexico, and hiked tariffs on China. Global stock…
Retailers warn of higher prices in 2025 and urge ministers to ease tax burden
Companies grappling with higher employment costs say price of food may rise by 4.2% in latter half of year UK retailers have urged ministers to ease their tax burden as they said that the cost of food and other items will rise sharply throughout the year as companies grapple with higher employment costs. Food prices…
Food prices ‘not going anywhere but up’, say retailers
There is “little hope” of food prices “going anywhere but up” in the second half of 2025 due to changes announced in the Budget, a retail lobby group has warned. The costs of higher wages and National Insurance tax changes coming in April will be passed on to consumers, the British Retail Consortium (BRC) said.…
UK house prices dip for first time since March, says Halifax
Britain’s biggest mortgage lender says say affordability could hamper further rises in the months ahead UK house prices fell by 0.2% month on month in December – the first monthly drop since March – according to Britain’s biggest mortgage lender. Data released by Halifax, Britain’s biggest mortgage lender, also showed that the price of the…
UK house prices rise for fourth month in a row, says Nationwide
Cost of average home in December reaches £269,426, with value increasing over year by almost £12,000 House prices rose for a fourth consecutive month in December, ending 2024 on a “strong footing”, Nationwide said, with the cost of an average home hitting £269,426. The building society’s monthly tracker found prices in December rose 0.7% on…
House prices rose by 4.7% in 2024, says Nationwide
UK house prices ended 2024 some 4.7% higher than at the start of the year, according to the Nationwide. Property prices and housing market activity remained “remarkably resilient” despite affordability challenges facing buyers, the lender said. The average home in the UK cost £269,426 at the end of December, its figures show. Despite the latest…
Falling house prices and drop in Victorian rental numbers could mark rise of owner-occupiers
Buyers looking to move in could benefit from 6.5% drop in market since March 2022 as state claims largest share of first home buyer finance Owner-occupier buyers in Victoria could benefit from an investor sell-off that has been gathering momentum alongside falling house prices, an expert says. Data from Victoria’s Department of Families, Fairness and…
Australian property prices fall for the first time in two years
Australia’s property market has finally come off the boil after a resilient run of growth at a time of high interest rates and inflationary pain. The 0.1% fall in December followed a flat result in November and a gradual slowing in the pace of growth over the course of the year. Sign up for Guardian…
Energy prices rise with warnings of more pain to come
Domestic energy prices have risen with little respite expected for billpayers during the rest of the year. The second increase in Ofgem’s price cap this winter takes effect on Wednesday and means someone paying by direct debit and using a typical amount of gas and electricity will pay £1,738 a year. That is £21 a…