The disparity in pay across the UK is growing. For many workers, pay increases have failed to keep up with rising costs, but for many people on high wages, the last two and a half years have been very lucrative. The incoming Chancellor of the Exchequer is likely to face criticism over his move to […]
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UK inflation unexpectedly dipped last month to 9.9% after petrol prices finally reflected the recent drop in oil prices. The slight relief has been tempered by the 13 month consecutive rise in food prices coming on top of warnings the upward trend in underlying inflationary pressures will likely see another interest rate rise by the […]
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As people across the UK are struggling to make ends meet, it isn’t only energy companies that are raking in astronomical profits. The top four grain producers, too, have been earning record profits among growing concerns about price speculation and profiteering. This has prompted calls for a windfall tax. With food prices on the rise […]
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Councils across Britain are looking at opening “warm banks” to provide places for people struggling to pay their energy bills this winter. Art galleries, museums and libraries will all become refuges when bills soar to more than £3,500 in October – three times more than the cost last winter. Some 8.9 million households are predicted […]
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Liz Truss is reported to be considering a 5% cut to VAT which could save families £26 per week/£1,300 per year to deal with the deepening cost of living crisis. It would be the largest ever reduction in the headline rate of VAT (currently at 20%) which officials say would also help businesses struggling to […]
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UK energy bills will rise from £1,971 to £3,549 in October with Ofgem today confirming the 80% hike. Household bills are forecast to soar even further in 2023 with warnings already made that “people will die” because of the rises. Energy consultants Cornwall Insight predict the average gas and electricity will increase to £5,386 in […]
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Bin strikes in Scotland have started in 13 more local authorities after councils and unions failed to reach a pay agreement. The “international embarrassment” that is the bin strike in the middle of Edinburgh’s famed festival is only half way through its period of industrial action, and will continue until August 30. Scotland’s governing SNP […]
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Beachgoers in England and Wales have been warned to stay out of the water, not because of sharks but for something else beginning with ‘sh’. Pollution alerts have been issued by the Environment Agency after sewage was discharged on more than 50 beaches on Britain’s west, south and east coasts, including popular leisure spots. An […]
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UK energy suppliers are preparing to “wargame” emergency plans to avert blackouts this winter with warnings that low gas supplies could see power stations shut off. Government officials and sources at two power stations say they have been asked to review their plans to deal with threats of dangerously low supplies in order to prevent […]
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Almost half of Britons fear there will be riots if the government does not provide more help with the cost of living crisis as energy bills are forecast to surge past £4,200. More than half of the country (55%) believe an organised campaign not to pay energy bills is justified, according to the Independent, while […]
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