Article 71JS9 UK inflation dips to 3.6% despite accelerating food price growth – as it happened

UK inflation dips to 3.6% despite accelerating food price growth – as it happened

by
Kalyeena Makortoff
from on (#71JS9)

Chancellor Rachel Reeves will be keeping a close eye on inflation data ahead of her autumn budget, due next Wednesday.

Elsewhere this morning, there's upheaval at WH Smith, as my colleague Joanna Partridge reports:

WH Smith's chief executive has stepped down with immediate effect, after a review found accounting failures in its North American division, prompting the retailer to slash its profit outlook.

Our priority now is to rebuild trust and credibility and to improve the performance and profitability of our North America division.

We are confident that the actions we have taken and will continue to implement over the months ahead will ensure a strong foundation for the business going forward.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments