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cost of living crisis

  • The cost of living crisis is the fault of the public sector, not billionaires

    March 5, 2026

    The Green's newest MP was quick to blame billionaires for the cost of living crisis. Has she looked at the public sector, asks Paul Ormerod.

  • UK gas prices spike over 90 per cent amid US-Iran war

    March 3, 2026

    Gas prices in the UK have nearly doubled as the war between US and Iran ramped up since the weekend. The price of UK wholesale gas prices – which reflect the costs energy suppliers pay to producers for natural gas before selling to household and businesses – has rocketed by 93 per cent in just [...]

  • Keir Starmer urges public to ‘reach out’ as he acknowledges cost-of-living struggle

    December 24, 2025

    Prime Minister Keir Starmer has acknowledged that many are “still struggling with the cost of living” in a Christmas message posted on Wednesday morning. He said “we should each do our bit” as he urged people to “call around to a neighbour, check in on a friend or a relative who you haven’t heard from [...]

  • FTSE 100 Live: Budget to send borrowing costs soaring; New AIM IPO

    December 4, 2025

    Good morning and welcome back to the City AM liveblog. Sir Keir Starmer has asked the British public to judge his premiership on the government’s ability to “make people feel better off”. Well, in the capital the Prime Minister shouldn’t be expecting a warm reception from young Brits, who are feeling the pinch of the [...]

  • Are super clubs dead?

    October 21, 2025

    With young people now opting for smaller, cheaper and more intimate venues, the days of the super club look numbered, writes Sacha Lord.

  • ABF: Primark owner’s shares sink as sales slow at FTSE 100 giant

    September 10, 2025

    Shares in Primark owner Associated British Foods (ABF) have plunged after posting what analysts branded a “mixed bag” of results. The FTSE 100 warned that challenging conditions were weighing on the company’s trading, listing consumer caution, geopolitical uncertainty and inflation as top factors. Shares plunged 13 per cent on the news to their lowest value [...]

  • Champagne Lanson sales fail to fizz as prices rise

    May 9, 2025

    Champagne Lanson suffered a sharp drop in its UK sales in 2024 as drinkers turned their backs on bars and restaurants amid the cost-of-living crisis. New accounts filed with Companies House show the brand’s turnover was slashed from £45.2m to £35.5m last year while its pre-tax profit also fell from £1.7m to £819,000. The champagne [...]

  • Fentimans returns to profit after cutting costs

    March 27, 2025

    Fentimans, the soft drinks and tonic water brand, has predicted higher profits in 2025 as it returned to the black during its latest financial year despite the “ongoing challenging backdrop”. The Northumberland-based business has reported a pre-tax profit of £1.4m for 2024, according to new accounts filed with Companies House. The total comes after Fentimans [...]

  • Echo Falls and Lambrini owner loses over £100m as alcohol duty hikes bite

    March 27, 2025

    The owner of Echo Falls and Lambrini has slumped to a loss of more than £100m as the cost-of-living crisis and alcohol duty hike significantly impacted its finances. The UK arm of Accolade Wines, whose brands also include Hardys and Kumala, has reported a pre-tax loss of £103.8m for the 12 months to 30 June, [...]

  • Blackpool Pleasure Beach to close rides as costs spiral

    March 24, 2025

    High inflation, interest rates and “significant increases” in the minimum wage have made turning a profit “harder to achieve”, the owner of Blackpool Pleasure Beach has said as it fell back into the red. The attraction, which dates back to 1896, also said the rising costs will force it to close some rides this year [...]

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