Some economists think a sharp drop in petrol and diesel prices will have helped pull the overall inflation rate down to 2.4% in June, from 2.6% in May

Sources close to the Prime Minister-in-waiting repeatedly refused to rule out his incoming Government hiking the levy in the New Year and increasing it annually by linking it to…

Some economists think a sharp drop in petrol and diesel prices will have helped pull the overall inflation rate down to 2.4% in June, from 2.6% in May

Inflation is expected to have eased last month in a welcome but temporary boost for Andy Burnham’s incoming government.

British government bond yields saw a slight increase on Monday. Andy Burnham is set to become the country's seventh Prime Minister in a decade. Investors are anticipating one or…

Andy Burnham begins his premiership by unveiling plans to ease living costs. He aims to improve public finances and end political uncertainty. Measures may include capping bus…

British Prime Minister Andy Burnham said on Tuesday he would cut taxes on electricity bills in his first attempt to ease a lengthy cost-of-living crisis that has angered the…

Britain's new Prime Minister Andy Burnham has kickstarted his programme to ease the cost of living for millions of Britons by planning to remove tax on household electricity bills.

LONDON: British Prime Minister Andy Burnham said on Tuesday (Jul 21) he would cut taxes on electricity bills in his first attempt to ease a lengthy cost-of-living crisis that has…

Britain's new Prime Minister Andy Burnham on July 21 kickstarted his programme to ease the cost of living for millions of Britons by planning to remove tax on household…

Burnham is attempting to act quickly to deliver on promises to tackle the UK's cost-of-living crisis.

Andy Burnham told the inaugural meeting of his cabinet Tuesday that he would lead a "cost-of-living government", after unveiling an energy tax cut on his first full day as prime…

Andy Burnham gathered his new cabinet Tuesday as he got down to work on his first full day as Britain's prime minister, unveiling an energy tax cut aimed at easing cost-of-living…

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The new PM is already under pressure to explain how he will pay for his ambitious plans to remake Britain

Andy Burnham’s promise to cut VAT from electricity bills came alongside the news that government borrowing in June amounted to £16 billion - nearly bang on target.

Inflation shows the rate at which the price of goods and services rises over time

The rate of Consumer Prices Index inflation fell to 2.6 per cent in June from 2.8 per cent in May, the Office for National Statistics said today.

Newly appointed Chancellor John Healey said falling inflation is ‘news families want to hear’

Die Verbraucherpreise stiegen im Vergleich zum Vorjahresmonat um 2,6 Prozent. Grund dafür waren vor allem die gesunkenen Benzinpreise – infolge der Deeskalation im Iran-Konflikt.