Pensioners warn of ‘tough times ahead’ as inflation hits 2.2% – what it means for their pensions and investments

Retired couple

Pensioners have been warned that tough times lie ahead as the UK’s inflation rate rises and hits the economy. The latest figures from the Office for National Statistics (ONS) have revealed that the consumer price index (CPI) rate rose to 2.2 per cent over the 12 months to July 2024. Analysts had previously forecast inflation … Read more

Zepto hits $5 billion valuation as fast-moving commerce heats up in India | TechCrunch

Zepto hits $5 billion valuation as fast-moving commerce heats up in India | TechCrunch

Zepto has closed a $340 million round that boosts its valuation to $5 billion, up from $3.6 billion in June and $1.4 billion in August, as the startup races to gain market share in India’s competitive fast-track commerce market. General Catalyst and Mars Growth Capital are jointly leading the Series G round, which will complete … Read more

Field Report: Bangladesh faces severe economic crisis as unrest hits businesses

Field Report: Bangladesh faces severe economic crisis as unrest hits businesses

Bangladesh, which remains on the brink of instability, is facing a severe economic crisis. According to data from the Bangladesh Bureau of Statistics, the consumer price index (inflation) hit a 12-year high of 11.66 percent in July. Food inflation, in particular, exceeded 14 percent in July for the first time in 13 years, The Daily … Read more