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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Hapag-Lloyd says Red Sea route still ‘too dangerous’
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“Amid a global recession, Egypt is grappling with shortages of foreign exchange reserves caused by the impact on the...
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Federal Reserve signals interest rate cuts next year
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“This gives real credence to the view that thinks inflation is under control and believes that policy is...
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Mortgage rates soar to cusp of mini-budget peak
admin, , Business, 0
The recent rises in mortgage costs are also likely to have a knock-on effect on renters who could face...
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Marmite maker Unilever to cut 1,500 jobs worldwide
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Unilever’s 80 brands are currently divided into three divisions: Beauty & Personal Care, Food & Refreshment, Home Care. The...
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Clintons boss: Supermarkets selling greeting cards ‘grossly unfair’
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But those deemed essential can continue to sell non-essential items if they are stocked on their aisles.
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Wine drinkers face higher prices and less choice, firm warns
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According to the Wine and Spirit Trade Association (WSTA), if wine is taxed according to its alcoholic strength in...
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HelloFresh fined over millions of spam texts and emails
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“Customers weren’t told exactly what they’d be opting into, nor was it clear how to opt out. From there,...
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No room for tax cuts or spending rises, IFS think tank warns
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“But poor growth and very high spending on debt interest over the next few years mean that the national...
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.
-
Banks warned over ‘weak excuses’ for savings rates
admin, , Business, 0
“If the high street banks continue to pay poor savings rates on their instant access accounts, they should make...
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What is the UK inflation rate and how does it affect me?
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close panel Prices in the UK are no longer rising as fast as wages, official figures show. However, inflation...
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Grab set for $40bn valuation in US share listing
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“We’ve already seen this movie – how profit and growth has unfolded in the US, China, Europe and Latin...
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Brexit letter warns of 7,000-truck queues in Kent
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Image copyright Reuters Exporters to the EU face 7,000-truck-long queues in Kent and two-day delays to trade after the...
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Russia threatens to stop supplying gas if not paid in roubles
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Germany, which gets about half its gas and a third of its oil from Russia, has urged its citizens...
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Amazon staff in Coventry to strike on Black Friday in pay row
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“We have some of the most talented colleagues around, and we’re proud to offer them competitive wages and benefits,...
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Bars and restaurants struggle with staff isolating
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Ian Payne, chairman of the nationwide Stonegate group of pubs, wrote on social media that the chain has around...
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‘They wanted to jail a banker – I was that banker’
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It was standard industry practice, according to the CCRC application for Mr Hayes, to select a rate within that...
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