Three in four small business owners worried about rising inflation this year January 10, 2022 71 per cent of UK small business owners are concerned about rising inflation, according to new analysis from Iwoca.
Cost of living crisis: Millions of savers miss out as UK banks pocket profits from higher interest rates January 10, 2022 The UK’s major banks have failed to pass on last month’s interest rate rise to millions of savers, according to Moneyfacts.
Why the energy crisis is set to derail the UK economy in 2022 January 7, 2022 A wave of concern over the swelling cost of living is sweeping across Britain. While households are bracing for higher tax bills and are already being stung by food prices leaping, it is swelling energy costs that will hit hardest in 2022. The UK’s benchmark gas prices have quintupled since January 2021, leaping from £54 [...]
Oil prices rise amid escalating unrest in OPEC+ producer Kazakhstan January 6, 2022 Oil prices have risen on both major benchmarks today, following escalating unrest in OPEC+ oil producer Kazakhstan and supply outages Libya.
Octopus Energy: We don’t know how much the consumer price cap will rise in April January 6, 2022 It is impossible to predict how much household bills will rise after the next review of the consumer price cap, warned Octopus' chief executive.
Angus Energy shares soar as it considers possibility of sale January 6, 2022 Angus Energy’s shares skyrocketed nearly 30 per cent today after it announced it will consider selling the firm to prospective buyers.
USwitch urges government to offer more support to households amid soaring energy costs January 6, 2022 USwitch has called on the government to support vulnerable households following reports the price cap will rise to £2,000 next April.
Electric vehicle registrations provide much-needed momentum for car manufacturers in 2022 January 6, 2022 A historically strong year for electric vehicle registrations provided some sparks of life to an otherwise morbid domestic car market in 2021.
Petrol retailers accused of ripping off motorists over Christmas January 6, 2022 Petrol retailers failed to pass on wholesale price savings to UK customers last month, according to data from RAC Fuel Watch.
Oil prices stabilise despite OPEC+ sticking to raised output targets January 5, 2022 Oil prices rose above $81 per barrel on Wednesday after OPEC+ opted to maintain its agreed output target rise for February.