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cost of living crisis

  • Primark owner ABF raises dividend as markets ‘return to normality’

    April 23, 2024

    Primark owner Associated British Food (ABF) has raised its dividend following a strong set of results in the 24 weeks to 2 March. 

  • House prices fall as rents skyrocket by 9.2 per cent and outstrip wages

    April 17, 2024

    UK house prices fell by the least in eight months when the figure edged down by 0.2 per cent on an annual basis in February, against a 1.3 per cent decline in the previous month, the latest reading from the ONS has found. 

  • Asos ahead of schedule turning ‘stock into cash’ as revenue drops 18 per cent

    April 17, 2024

    Online retailer Asos said it was ahead of plan with its stock reduction process, as it ploughs ahead with its turnaround plan.

  • Furniture Village hit by ‘fragile economic backdrop’ as sales falter

    April 15, 2024

    A fall in customers visiting both its stores and website hit sales at Furniture Village during its latest financial year.

  • Bloom and Wild: Losses balloon to over £100m at flower seller as cost of living crisis bites

    April 15, 2024

    Losses at the group behind Bloom and Wild ballooned to more than £100m during its latest financial year after being hit by the cost of living crisis.

  • More than 7m Brits struggling with bills and credit repayments in January, regulator finds

    April 10, 2024

    Around one in seven, or 7.4m, UK adults were struggling to pay their bills and credit repayments in January, according to a survey by the City regulator, as the cost of living crisis continues to bite.

  • Barclays: Tiktok and Instagram ‘no spend challenge’ helps push non-essential spending to two-year low

    April 9, 2024

    Non-essential spending slumped to its lowest level in over two years, a new report has found, as Brits partaking in a popular no-spend challenge bruises restaurant and retail trade.

  • Why economists might be underestimating the UK economy

    April 3, 2024

    French argues that "household balance sheets have never been healthier," a point which he argues the consensus is underestimating.

  • London pubs to close as chain goes into administration

    March 28, 2024

    A number of pubs across London are set to close after the company that operates them entered administration.

  • London house prices: Desperate sellers knock £20k off asking prices

    March 28, 2024

    London home sellers are shaving £19,500 pounds off the asking price to achieve a sale, according to the latest report from Zoopla. 

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