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cost of living crisis

  • Smartphones are the new laptops with 60 per cent of UK firms now mobile only – BT

    January 16, 2023

    Almost 60 per cent of business owners now rely solely on using mobile phones to run their operations, telecoms giant BT has revealed. The investigation by BT business showed more than half of entrepreneurs have embraced flexible working, and use mobiles rather than laptops or desktops. According to BT 59 per cent of British business [...]

  • Magners cider owner says cost of living and strikes help sink its profits as Brits stayed away from pubs

    January 13, 2023

    The company behind Magners cider and Tennent’s lager disappointed investors on Friday as it said that strikes and cost of living pressures had eaten into its performance in recent weeks. C&C Group said that it expects operating profit to reach between €84m and €88m (£75 million to £78m) in the financial year. The company had [...]

  • The Gym Group: Brits ditch the pennies and the £s as more fitness fanatics seek cheaper gym membership

    January 12, 2023

    The Gym Group today said it has continued to win over customers in the face of the UK’s cost-of-living crisis as Brits flocked to the low-cost gym in seeking out better “value for money”. The low-cost gym owner said it had increased its membership numbers by 14.3 per cent over the past year, to 821,000, [...]

  • 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 [...]

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