Britain's leading energy suppliers have warned consumers to expect steep price increases from August this year, possibly by as much as 19% The energy providers have attributed the rises to Wayne Rooney's hair transplant, a situation being further exa...
Following the announcement that CPI inflation in the UK in the 12 months to April was 4.5% per cent, the Bank has published a letter from the Governor to the Chancellor, as required by policy. The letter is reproduced below:
Bank of England
London EC2R 8AH
The Rt Hon George Osborne
Chancellor of the Exchequer
1 Horse Guards Road
London SW1A 2HQ
As you w...
Chancellor George Osborne has sensationally claimed that inflation "isn't that bad."
These claims were made after figures revealed inflation in the UK would rise sharply in the next year following a statement from the Bank of England.
Scientists at the famed 'Terence Trent D'Arby Research Institute' released findings today claiming that in extreme cases, listening to soul legend Luther Vandross can cause inflation.
"We kept test subjects in isolation over a two year period, pla...
Inflation has reached a record high in the UK following the £24 million transfer of Darren Bent to Aston Villa.
Ever since the transfer, inflation has soared with Darren Bent's transfer causing UK goods and services to treble in price.
The Governor of the Bank of England has written a letter. It was sent to Chancellor of the Exchequer, George Osborne but was delivered to the wrong address by a postman who was discussing the latest political situation with a friend on his mobile. We...
BEJING China - Upon his arrival in China this evening, according to my source Noyen Tubuyca, Obambi declared that the US Treasury would issue its own currency independent of the Federal Reserve, the country of China, and the Bilberberg cabal.
WASHINGTON DC - President Obama today held a short informal press conference with a few lessor known reporters. He chose this venue, in his office, to make a lucid revelation of the solution to all economic problems. Follows his statement.
Harare, Zimbabwe. Ben Bernanke is very pleased with his visit at the central bank in the Zimbabwean capital, Harare. Dr. Bernanke is visiting his Zimbabwean colleague, Reserve Bank Governor Dr. Gideon Gono, and the Zimbabwe President, Dr. Robert Muga...
For the first time since the great depression, Britain is in deflation - a period of falling prices. Inflation rose by 0.2% to reach 3.2%, sending economic experts and commentators into panic about plummeting prices.
'Falling prices are terrible,'...
Government officials in Zimbabwe declared victory today over runaway inflation, stating it was finally defeated. To bolster the public's confidence in the nation's currency, Zimbabwe Mint officials issued a 100 trillion dollar coin as evidence demons...
Bad news for home owners in the virtual world of second life as the virtual terrorists have been at it again.
The Linden Dollar (L$) is the currency for this pretend world which people are paid for doing jobs and selling items that they have made.
The Sultan of Brunei, for years the world's richest man, is no longer 'loaded', but has fallen on hard times, and now "hasn't got a penny to scratch his arse with", it has been claimed.
Bank of England officials today were said to be sure that Britain was unlikely to go into recession any time soon not while there are words like stagflation about.
Harare - The Reserve Bank of Zimbabwe today announced the issue of a larger notes.
In a blatant attempt at trying to make something out of a non-event, British newspapers today suggested that an inflation rate of 2% was an unbelievably dangerous and devastating threat.
Figures released today by the Office for National Statistics (ONS) suggest that much-feared inflation is set to spiral out of control, leaving many people "without a penny to scratch their arses with."
New York, New York - Because of the food shortages, blamed on the rising cost of oil, fertilizer and increased production of biofuels in Europe and America, nations that recently made contributions to the Svalbard Global Seed Vault have been forced t...
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