“Our data shows that the cost-of-living payments do offer some respite to people, but this is short lived. Historically high energy bills, unaffordable housing and other spiralling costs are keeping people in crisis,” said Morgan Wild, of Citizens Advice.
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Fed raises interest rates to highest in 22 years
admin, , Business, 0
“We think they’re at a point where the Fed funds rate is restrictive enough to slow the economy, slow...
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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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Reeves welcomes IMF’s improved growth forecast
admin, , Business, 0
The UK economy is set to “accelerate”, the International Monetary Fund (IMF) has said as it raised its growth...
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Covid: 1,700 employers planned redundancies in September
admin, , Business, 0
On 24 September, Chancellor Rishi Sunak unveiled a new scheme to support jobs hit by the crisis, and in...
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US labels Switzerland a currency manipulator
admin, , Business, 0
The designations came in the US Treasury Department’s semi-annual report, which examines currency practices of major US trade partners.
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Michael Gove: Levelling up must not fail new Tory voters
admin, , Business, 0
Speaking on a visit to Grimsby, one of the constituencies the Tories won from Labour in 2019, Mr Gove...
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Ex-BHS director must pay £50m over firm’s collapse
admin, , Business, 0
Ex-BHS director Dominic Chappell has been ordered to pay £50m to cover losses the firm incurred before its collapse....
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Oasis ‘dynamic pricing’ row prompts government probe
admin, , Business, 0
Ministers are set to look into the use of “dynamic pricing”, amid an ongoing row about the “depressing” and...
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