Prices, as measured by inflation, are currently rising at a rapid rate – the fastest since 1992. This means some people who were previously keeping to their DMP repayments are now finding it a lot more difficult. Rising domestic gas and electricity bills, and accelerating price rises, are likely to add to the strain.
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CF Industries: Government to meet CO2 firm’s costs to start plant
admin, , Business, 0
Now, there is a three week window for government, supermarkets and food producers to come up with a “sustainable...
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Odeon to open weekends-only at some cinemas
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Image copyright Getty Images Odeon is cutting the opening hours for some of its cinemas in the UK and...
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UK car production tumbles to ‘worst in a generation’
admin, , Business, 0
Shipments to the US, Japan and Australia last year all fell, down 33.7%, 21.6% and 21.8% respectively. Exports to...
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Ukraine lifts interest rate to highest in Europe
admin, , Business, 0
To mount its military defence, and support citizens who have lost their livelihoods, the government has rapidly increased its...
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Rolls-Royce says ‘worst behind us’ as it posts £4bn loss
admin, , Business, 0
While Rolls-Royce has lost billions and continues to burn through cash, investors will take some limited reassurance from this...
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NatWest boss Dame Alison Rose quits after row over Nigel Farage account
admin, , Business, 0
In a separate statement, Dame Alison thanked her colleagues “for all that they done”, saying: “I remain immensely...
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Rail passengers told to avoid travel in heatwave
admin, , Business, 0
Jac Starr, chief executive of the Rail Delivery Group, said: “During hot weather, it’s really important to carry water...
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Grab set for $40bn valuation in US share listing
admin, , Business, 0
“We’ve already seen this movie – how profit and growth has unfolded in the US, China, Europe and Latin...
Prices, as measured by inflation, are currently rising at a rapid rate – the fastest since 1992. This means some people who were previously keeping to their DMP repayments are now finding it a lot more difficult. Rising domestic gas and electricity bills, and accelerating price rises, are likely to add to the strain.
-
UK inflation and interest rates high – how do other economies compare?
admin, , Business, 0
But so-called “core” inflation, a measure which strips out energy and food, remains near its highest rate for 30...
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Sharp rise in UK firms at risk of going bust, insolvency data shows
admin, , Business, 0
“We call it director fatigue,” she said. “There are no solutions out there at the moment, and at the...
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‘I pawned my laptop to pay for food and petrol’
admin, , Business, 0
“We hope and believe that, once the FCA appreciate that the loss of access to pawnbroking services would have...
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House price rise since first lockdown revealed
admin, , Business, 0
Sarah Coles, senior personal finance analyst at Hargreaves Lansdown, said: “While homeowners might feel better off on paper, for...
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Cost of living: ‘My daughter won’t ask me for money for sanitary products’
admin, , Business, 0
Earlier in the week, Prime Minister Boris Johnson said: “We have got to do what we can, and we...
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Rental market unusually uncertain, Nationwide says
admin, , Business, 0
“As well as the enormous uncertainty surrounding the near-term path for the economy, there is also scope for the...
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Deliveroo shares rise on first full trading day as some riders go on strike
admin, , Business, 0
Some of the UK’s biggest investment fund managers, such as Aberdeen Standard, Aviva Investors, BMO Global, charity fund manager...
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Rishi Sunak sets out how pothole funding from HS2 savings to be used
admin, , Business, 0
Its spokesman, Darren Rodwell, said: “Longer-term, the government should award council highways departments with five yearly funding allocations to...
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