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4372 Search results for cost of living crisis

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  • Must Sizewell C justify itself in pounds, shillings and pence?

    Opinion

    Must every project justify itself in pounds, shillings and pence? Sizewell C critics are missing the point, writes Charlotte Nichols.

    Sizewell C nuclear power plant dome and buildings on a cloudy day, seen from sandy dunes with sparse grass.
  • Entrepreneurship is no longer a niche pursuit for young people

    Opinion

    Entrepreneurship is no longer a niche pursuit, but a mainstream route into work for a generation being written out of traditional employment.

    British startup founders relieved after Budget announcement, avoiding exit tax fears, fostering business ecosystem stability
  • OBR warns Healey: Stealth taxes to blame for living standards slump

    Economics

    Stealth taxes are one of three main reasons that British households are set to suffer near-stagnant disposable income growth in the current decade, the government’s budget watchdog has said.  Office for Budget Responsibility chief Professor David Miles said that fiscal drag, whereby a freeze on income thresholds pulled more people into higher tax rates as [...]

    John Healey holding the red Budget box surrounded by a crowd outside Number 12 Downing Street.
  • City AM Shadow MPC urges Bank of England to hike interest rates

    November 4, 2026

    The Bank of England should raise interest rates on Thursday in order to “protect credibility” and stamp out any risks of inflation spiralling out of control, top economists have said.  City AM’s Shadow Monetary Policy Committee, which consists of leading economists across industry and academia, has called on the Bank to lift interest rates by [...]

  • Pint prices to rise as Healey hikes beer duty

    October 28, 2026

    The price of a pint is set to rise by 2p after John Healey announced plans to hike beer duty, saddling pubs with more costs despite a commitment to cut their business rates. The Chancellor said alcohol duty, which is charged on every pint sold, will rise in line with Retail Prices Index (RPI) inflation, [...]

  • If the Chancellor wants growth he should abolish all taxes on jobs

    October 28, 2026

    The economic statistic we should all be most focused on is the number of job vacancies in the economy, writes James Reed in today's Notebook.

  • The Bed Tax: The Wrong Measure, for the Wrong Purpose, at the Wrong Time

    October 27, 2026

    As the Government urges the nation to prepare for crises, it risks undermining the very hospitality businesses that keep people safe, support essential workers and help London function. Central London Alliance is calling for democratic accountability, a proper economic and social assessment, and a fundamental rethink of the proposed Overnight Visitor Levy. The timing could [...]

  • Healey to ‘increase minimum wage by 3.9 per cent’

    October 26, 2026

    Chancellor John Healey will reportedly hike the minimum wage by nearly four per cent at the Budget, setting the floor for wages for all over 21-year-olds at £13.20 for the next year. Healey is expected to deliver a huge pay increase of 3.9 per cent to low-wage workers on Wednesday, according to The Times.  However, [...]

  • Budget 2026: Sainsbury’s boss urges Labour to tackle Neets crisis

    October 22, 2026

    The boss of Sainsbury’s has urged the government to tackle the UK’s youth unemployment crisis, as he hit out at previous hikes to the cost of hiring workers.  Simon Roberts, chief executive of the UK’s second-largest grocer, said John Healey must “focus on doing the right thing for young people” at next week’s Budget.  In [...]

  • As it happened: FTSE 100 losses ease as oil higher after Saudi drone attack

    October 22, 2026

    Welcome back to the City AM FTSE 100 liveblog. London’s blue-chip index is sliding this morning after a shaky week for trading. Oil pressures have climbed higher after a drone attack on Saudi Aramco’s Shaybah oil field killed two people. The incident renewed tensions in the Middle East and heightened concerns over further disruptions to [...]

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