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Work and Pensions Secretary Therese Coffey told the BBC that the government was focused on those claiming benefits under Universal Credit, a welfare payment for those who need help, including the unemployed.(REUTERS)

UK unemployment claims surge 69% as pandemic takes hold

London | By Press Trust of India
PUBLISHED ON MAY 19, 2020 02:47 PM IST
The Office of National Statistics says jobless claims surged by 856,000 to 2.1 million in April as compared to the month before.
While overall price growth remains largely subdued, the emergence of costlier items will encourage those who say it’s only a matter of time before inflation accelerates due to robust economic growth and tight labor markets.(Ruhani Kaur/Bloomberg)
While overall price growth remains largely subdued, the emergence of costlier items will encourage those who say it’s only a matter of time before inflation accelerates due to robust economic growth and tight labor markets.(Ruhani Kaur/Bloomberg)

From pork to pampers: Where inflation is showing signs of life

Bloomberg | By Bloomberg
UPDATED ON MAY 12, 2019 06:50 PM IST
While overall price growth remains largely subdued, the emergence of costlier items will encourage those who say it’s only a matter of time before inflation accelerates due to robust economic growth and tight labor markets.
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