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KNOCKOUT PUNCH MEET THE APPRENTICE WINNER BOXING CLEVER IN CAMBERWELL P22 THURSDAY 17 AUGUST 2023
ISSUE 4,032
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FOOTBALL’S COMING HOME... LIONESSES ONE GAME FROM GLORY AFTER MATILDA MAULING FRANK DALLERES ENGLAND will appear in a football World Cup final this weekend, for the first time since 1966. The Lionesses saw off Australia
3-1 in Sydney yesterday, setting up a date with destiny against Spain on Sunday, with the game kicking off at 11am UK time. Goals from Ella Toone, Lauren Hemp and Alessia Russo saw
England silence a raucous home crowd, with only a Sam Kerr stunner briefly halting England’s march. £ READ MORE P28
...AND INFLATION’S COMING DOWN
HEADLINE PRICE HIKES FALLING BUT INFLATION STILL STICKY JACK MENDEL AND STAFF THE HEADLINE rate of inflation fell below the seven per cent mark yesterday but analysts warned it was too early to declare victory in the fight against rising prices. July’s year-on-year inflation figure sat at 6.8 per cent, according to official data released yesterday, down from 7.9 per cent in June. The rise was in large part driven by lower energy costs, with wholesale prices falling and a new,
lower energy price cap kicking in. The read-out marked the first time wage growth has outpaced inflation for more than a year. However, any optimism was checked by news that core inflation – which strips out energy, food, alcohol and tobacco prices – had stayed at 6.9 per cent. That implies wage growth has embedded itself into the wider economy forcing
up prices, in what is called a wage price spiral. Services inflation also crept up from 7.2 per cent year on year to 7.4 per cent. Analysts yesterday were forming a consensus that the Bank of England would hike rates at their September Monetary Policy Committee, but that could mark the end of a 15-in-a-row ratchet. ING economist James Smith said “stubbornly-high” wage growth would cement a September hike but “the committee appears to be laying the ground for a pause”.
INSIDE LONDON HOUSE PRICES BUCK UK TREND P5 SUNAK’S FIVE PLEDGES: HOW’S HE DOING? P12 OPINION P18-19 GOING OUT: WHAT TO SEE THIS WEEKEND P20-21 SPORT P25-28