When Craig, 42, from Falmouth, was told his rent was rising by nearly 20%, his first thought was his mother. The 77-year-old no longer recognises him, but since her dementia diagnosis three years ...

Borrowing costs also eased in light of the figures, with 10 and 30-year gilt yields, which have reached 16 and 28-year highs respectively in the past week, falling back as markets opened.