The UK’s economic landscape remains challenging as inflation persists, impacting the cost of living for households across the nation. Recent reports indicate that inflation rates are proving resistant to decline,
All posts tagged in cost of living
28Articles
>The Bank of England has acknowledged that inflation has consistently exceeded its forecasts over the past five years, raising concerns about its forecasting accuracy. An internal review revealed that inflation
The budget retail sector has undergone a significant transformation since Tesco introduced its Value range in 1993, a product line that initially carried considerable social stigma amongst consumers. Food writer
The British Library has advised its employees to forgo buying Christmas gifts this year, promoting time spent with loved ones instead, as the institution navigates industrial action over pay disputes
The price of meat in British supermarkets has risen significantly compared to plant-based alternatives, with new data revealing that the growing gap between the cost of meat and that of
Rachel Reeves, the Chancellor, is preparing to deliver her second budget amid calls for greater taxation of the wealthiest individuals in the United Kingdom. Political opponents, including leaders from the
UK annual inflation, as measured by the Consumer Prices Index, slowed to 3.6 percent in October, offering the first relief in five months and raising prospects of a potential interest
UK inflation has eased to a four-month low in October, underpinned by falling energy costs and subdued price growth across the services sector. New figures from the Office for National
The government is considering a significant shift in rail fare calculations that could reduce annual ticket price rises for millions of passengers in England. Sources indicate that Rachel Reeves is
Household energy consumption in the United Kingdom has fallen to near historic lows as soaring bills compel families across the nation to cut back. According to data released by officials
Households across the UK have sharply reduced their discretionary spending over the past year, reprioritising financial stability as the cost of living continues to rise. Figures from MoneySuperMarket’s latest household
Britain now boasts one of the highest minimum wages globally, outpaced only by Luxembourg, Iceland and the Netherlands. Workers aged over 21 in the UK earn £12.21 per hour, the
UK inflation has surged to its highest level in nearly two years, fuelling concerns over both household finances and the Bank of England’s path for interest rates. Figures to be
Downing Street is preparing measures to ease the financial burden of soaring household energy bills, with Chancellor Rachel Reeves considering removing VAT from fuel bills. Reeves has reportedly tasked officials
The United Kingdom is facing a renewed escalation in food price inflation, with August recording the sharpest increase in nearly one and a half years, worrying policymakers at the Bank
Inflation in the United Kingdom soared to a new 19-month high this July, putting additional pressure on Chancellor Rachel Reeves and testing the government’s strategy to address the ongoing cost
- 1
- 2
