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4291 Search results for cost of living crisis

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  • Ofgem ups energy price cap

    August 27, 2025

    The energy watchdog has announced that the energy price cap will be raised by a higher than expected two per cent between October and December.  Ofgem’s decision is set to push the typical household’s energy spend up to £1,755 per year, despite a fall in wholesale energy prices.  This comes following a price dip over [...]

  • Consumer confidence still a ‘far cry’ from optimism of summer 2024

    August 21, 2025

    Consumer confidence ticked up slightly in August but remains far below where it was last summer, when Labour was elected in landslide victory. Brits’ expectations over the next three months of their personal financial situation have improved one point to minus six, a seven-point drop from August 2024, according to new figures from the British [...]

  • We Out Here festival review: Dorset isn’t supposed to be this cool

    August 19, 2025

    We Out Here festival programmes a line-up of jazz-inflected music. Its diversity is exciting, says Adam Bloodworth Over fifty festivals have shuttered in the past year. Shockingly, turning a patch of rural grass into a temporary metropolis for the weekend doesn’t chime well with the cost of living crisis. For a midsize event, upfront fees [...]

  • Rental crisis in London worsens: ‘Payments border on the obscene’

    August 18, 2025

    Rents in London are taking up a larger portion of tenants’ earnings again after three years of improvements. Private renters on a median household income in the capital paid 41.6 per cent of their earnings on rent last year, up from 38 per cent in 2023 and the highest figure since 2021. The cost of [...]

  • Exclusive: UK football clubs owe £1m in tax to HMRC

    August 18, 2025

    Twenty lower league football clubs in the UK have fallen into arrears to the HM Revenue & Customs (HMRC), according to date from chartered accountants and business advisers Lubbock Fine shared with City AM. The value of Pay as You Earn (PAYE) payroll tax owed by football clubs was £1.04m as of 22 May 2025, [...]

  • ‘Alarming’ drop in UK consumer confidence over last year 

    August 16, 2025

    Consumer confidence in the future UK economy has plummeted over the last year, figures suggest. Confidence has tumbled by 31 points over the last year, from an average of minus nine between May and July 2024 to an average of minus 40 between May and July this year, Which?’s Consumer Insight Tracker shows. On average [...]

  • On this day: The special relationship is born with the Atlantic Charter

    August 14, 2025

    On this day in 1941, Churchill and Roosevelt made a joint statement that would come to be known as the Atlantic Charter - and the start of the special relationship.

  • Exclusive: Seven in 10 think fans are being priced out of football

    August 14, 2025

    Seven out of 10 football supporters in the UK believe traditional fans are being priced out of watching games, exclusive data for City AM can reveal on the eve of the Premier League’s return. Over 70 per cent of traditional football fans who have attended a match in the last 12 months have told City [...]

  • Fayder: The fan and athlete platform tackling sport’s funding problem

    August 11, 2025

    Vwaire Obukohwo dreams of rowing for Team GB at the LA 2028 Olympics, although her more immediate concern is how she will afford her weekly food shop. Like many elite athletes, the 23-year-old from south-west London receives some central funding to pursue the ambition of representing her country on the biggest stage.  But funding has [...]

  • Wilderness festival review: silliness and beauty combine to offer five-star escapism

    August 7, 2025

    Around a quarter of the people who attended Wilderness festival this year glamped, swerving the surely horrifying idea of pitching their own tent, and they quaffed champagne at banquet feasts and from lakeside hot tubs. There is no getting around it: Wilderness attracts what the festival likes to call a “bouji” crowd (bosses don’t like [...]

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