The UK's inflation rate has risen for the first time since December, ticking up to 2.2 percent in the year to July.

According to experts, this rise is largely due to prices of gas and electricity falling by less than they did in 2023.

UK correspondent Gavin Grey says this increase was expected - but it's not good for the economy.

LISTEN ABOVE

The UK's inflation rate has risen for the first time since December, ticking up to 2.2 percent in the year to July.
According to experts, this rise is largely due to prices of gas and electricity falling by less than they did in 2023.
UK correspondent Gavin Grey says this increase was expected - but it's not good for the economy.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Gavin Grey: UK correspondent on UK inflation going up for the first time since December

President VolodymyrZelenskyy says Ukrainian forces have now gained control of 74 settlements in Russia's Kursk region.

The governor of Russia’s border area of Belgorod, Vyacheslav Gladkov, has declared a region-wide state of emergency - and is appealing to President Putin to declare a federal emergency.

New Voice of Ukraine editor Euan MacDonald says it's unlikely Russia expected this latest border attack.

LISTEN ABOVE

President Volodymyr Zelenskyy says Ukrainian forces have now gained control of 74 settlements in Russia's Kursk region.
The governor of Russia’s border area of Belgorod, Vyacheslav Gladkov, has declared a region-wide state of emergency - and is appealing to President Putin to declare a federal emergency.
New Voice of Ukraine editor Euan MacDonald says it's unlikely Russia expected this latest border attack.
LISTEN ABOVE

Euan MacDonald: New Voice of Ukraine editor on Ukraine controlling 74 settlements in Russia's Kursk region

Several Kiwi businesses have expressed relief as the Reserve Bank announces cuts to the OCR.

The cash rate has been dropped 25 basis points to 5.25 percent - the first significant cut to the OCR since 2020. 

Milford Asset Management's Katlyn Parker unpacks the wider market response.

LISTEN ABOVE

Several Kiwi businesses have expressed relief as the Reserve Bank announces cuts to the OCR.
The cash rate has been dropped 25 basis points to 5.25 percent - the first significant cut to the OCR since 2020. 
Milford Asset Management's Katlyn Parker unpacks the wider market response.
LISTEN ABOVE

Katlyn Parker: Milford Asset Management analyst on the market response to the OCR cut

There's shock and excitement across the nation, as the Reserve Bank makes cuts to the OCR for the first time since 2020.

The Bank's slashed the cash rate by 25 basis points to 5.25 percent.

NZ Herald Wellington business editor Jenee Tibshraeny unpacks what brought this change on - and what caused Governor Adrian Orr to announce this.

LISTEN ABOVE

There's shock and excitement across the nation, as the Reserve Bank makes cuts to the OCR for the first time since 2020.
The Bank's slashed the cash rate by 25 basis points to 5.25 percent.
NZ Herald Wellington business editor Jenee Tibshraeny unpacks what brought this change on - and what caused Governor Adrian Orr to announce this.
LISTEN ABOVE

Gavin Grey: UK correspondent on UK inflation going up for the first time since December

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