UK’s cost of living crisis will swipe over £2k from Brits pockets with some groups expected to feel squeeze of recession even more January 9, 2023 The UK is just halfway through a cost of living crisis that will swipe £2,100 year from incomes with living standards remaining at pre Covid levels until at least 2028, a report out today has revealed. The cost of living crisis which, when combined with a tough recession, will leave households worse off than they [...]
Sunshine Saturday: Holiday bookings soar as Brits rush to get best deal amid cost-of-living squeeze January 6, 2023 Holiday bookings are set to skyrocket this Saturday as thousands of Brits rush to get the best deal amid the cost-of-living crisis. Figures published today by tour operator trade body ABTA show 61 per cent of people are planning to have a holiday abroad this year. Of those, 31 per cent say they want to [...]
Boom in law firm partner hires set to subside in 2023 as recession hits January 5, 2023 The boom in law firm partner hires seen over the previous year is set to subside in 2023 as the UK economy slides into recession, according to a new report. The global economic downturn is set to hit law firm’s revenues, in a shift that is in turn set to cool the partner hiring market, [...]
Cost of living crisis: UK lawyers braced for talent war and surge in fraud cases January 5, 2023 Lawyers working in top British companies are anticipating a hike in fraud, disputes, and debt recovery cases over 2023 as the UK’s economy takes a turn for the worse, a new survey shows. In-house lawyers expect they will be forced to deal with the fallout of the UK’s cost-of-living crisis as the economic downturn sets [...]
Pret launches a value sandwich meal deal, but what can you get and for how much? January 5, 2023 A sandwich for under £3 and a baguette deal for a fiver are part of Pret A Manger’s new value range meal deal announced today. With the cost of living crisis continuing to bite into millions of Brits’ earnings and savings, high-street favourite Pret is now offering food deals to make lunch cheaper. The new [...]
Warning of Lemsip, cough and cold medicine shortage as Brits battle winter flu January 4, 2023 Brits are struggling to get hold of cough and cold medicine as a nasty strain of flu sweeps the nation. It has been reported that there is a shortage of medicines such as throat lozenges, cough mixtures, Lemsip powders and pain killers. This comes after the UK Health and Security Agency issued a warning about [...]
Amazon Prime, Spotify set to be worst hit by Brits cancelling subscriptions January 4, 2023 British households are cancelling online subscriptions as the cost of living soars, with Amazon Prime and Spotify among the most-searched subscriptions to be cancelled, according to a new study. According to a new study by VPN Online, Brits are increasingly cancelling their streaming subscriptions to save money amid sky-high inflation. In 2022, the average Brit [...]
Cost of living fears don’t stop Brits spending record £12bn in supermarkets in run-up to Christmas January 4, 2023 BRITS brushed off cost of living and recession fears to spend a record £12bn in UK supermarkets in the run-up to Christmas.
2023 set to be just as ‘horrendous’ as 2022 with falling pay and soaring energy bills December 30, 2022 Next year looks set to be just as “horrendous” for many families’ living standards as this year, as they are hit with falling pay and soaring energy, tax and mortgage bills, a think tank has warned. Households face a cost-of-living “groundhog year” with disposable incomes plummeting even further than in 2022, which saw the biggest [...]
Govt accused of ‘rank double standards’ as civil servants paid £30m in vouchers December 29, 2022 The Government has been accused of “rank double standards” after giving almost £30 million in high-street vouchers to civil servants amid a pay freeze prompted by the cost-of-living crisis. Sixteen Whitehall departments in 2021-22 paid out a combined total of £29.57 million to staff in the form of ‘reward and recognition’ vouchers, a third more [...]