Prices rising fast: Brits face acute egg shortage as spiralling hen food costs and energy bills lead to mass exodus of farmers April 20, 2022 UK customers could face empty shelves as an exodus of British egg farmers is caused by a lack of support from supermarkets amid spiralling costs, industry players warned today. Farmers have previously called on supermarkets to increase their egg prices due to soaring feed and energy costs in the production process. However, the industry has [...]
End to ‘preighting’: European airlines no longer allowed to pack empty passenger planes with cargo April 20, 2022 Airlines across the European Union are no longer allowed to pack empty passenger planes with cargo, in a further sign that the aviation industry is recovering from the pandemic. The temporary exemption to allow so-called ‘preighting’ – using passenger planes to transport freight – was introduced during the pandemic as passenger flows dried up while [...]
Tax paid by Brits on at least £150k skyrockets as ‘fiscal drag’ makes HMRC increasingly lean on high income taxpayers April 20, 2022 The total income tax paid by high earners making £150,000 or more has increased by 77 per cent in the last decade, reaching £60.9bn in the 2019-20 tax year, up from £34.5bn in 2010-11, according to data that was shared with City A.M. Over the same period the total tax take from basic rate taxpayers [...]
Revealed: The UK’s biggest council tax increases, with some councils adding £145 this year alone April 20, 2022 The cost of council tax has climbed by as much as £145 in parts of the country, as yet another cost associated with our homes puts a squeeze on our household finances. From groceries to utilities, the rising cost of living is causing financial instability for homeowners and renters across the country. One of the most significant costs [...]
From Barnet to Fulham via Camden and Southwark: Here are London’s most expensive and decadent rental properties April 19, 2022 While the average London tenant will pay £1,574 per month, the average cost of residing at the very top of the capital’s rental market comes in at a huge £23,839, – a 1415 per cent rental price premium. London-focused rental platform Rentd looked at the average cost of renting in each London borough before comparing [...]
Cost of living crisis: High earners with salaries of at least £50k offered more and greater pay rises April 19, 2022 High earners are most likely to have been offered pay increases as the rising cost of living begins to bite, according to new research shared with City A.M. this morning. As inflation grew to its highest level in three decades and 22 million households brace themselves for soaring energy bills, a YouGov survey carried out on behalf of global [...]
Heathrow travel chaos eases as Easter is over: BA re-loading bags again after temporary stop April 19, 2022 Chaos at Heathrow seems to be calming as the weekend has passed, with a British Airways spokesperson confirming to City A.M. this morning that the airline is loading all bags on its planes after a temporary stop on Thursday evening. British Airways reportedly stopped loading luggage on numerous European flights as it struggled to cope [...]
Cristiano Ronaldo hit by family tragedy as devastated Manchester United forward announces death of baby son April 19, 2022 Manchester United star Cristiano Ronaldo has lost his baby son, the footballer and his partner Georgina Rodriguez announced late last night. The sad news was revealed in a message from the couple that appeared on Man U and Portugal forward Ronaldo’s social media accounts on Monday evening. It read: “It is with our deepest sadness [...]
Brexit felt all the way down in Falkland Islands as fishing exports take a hit after squid orders in EU dry up April 18, 2022 Brexit has “brought problems” for the Falkland Islands’ fishing industry, a Labour former defence minister has warned. Derek Twigg, chairman of the Falkland Islands All-Party Parliamentary Group (APPG), said there had “been a lot of concern” over the impact of the UK’s exit from the EU on Falkland Islands fishing exports, such as squid. As [...]
Ukrainians increasingly confident Zelensky is beating Putin as thousands of refugees make plans to return home April 18, 2022 Many Ukrainians who fled their country in recent weeks are increasingly confident the Russian Army is losing the war. A new poll in the Netherlands among refugees in the Benelux countries showed this Easter weekend that over half believe it is safe to return home to Kyiv as well as north, west and central Ukraine. [...]
