Real terms pay falls by 2.6%
Prices rising higher than wages, ONS statistics show.
Economy grows by 0.2% in July
Soaring inflation contributes to slow growth.
Bank of England postpones interest rates decision
Interest rates expected to rise to 2.25%.
Energy-intensive industries to be hit hardest by crisis
Most impacted industries include energy supply and transportation.
Inflation set to hit 14%
British Chamber of Commerce warns of recession.