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 [...]
Government considers scrapping green levies as households face spiralling energy bills April 19, 2022 The government could scrap a green levy which adds £153 to the average energy bill to ease the cost of living crisis facing households.
Millions of Brits cancel streaming services as cost of living crunch sets in April 19, 2022 More than 1.5 million people have cancelled streaming platform memberships in the first quarter of 2022, as the cost of living crunch closes in on entertainment firms.
Government announces half-price rail fares to help with living costs squeeze April 19, 2022 The UK Government is set to slash rail fares by 50 per cent to help struggling Brits with the cost of living squeeze. Transport secretary Grant Shapps announced more than one million train tickets will be reduced to help Britons afford trips across the UK and boost domestic tourism. The scheme is run on a [...]
Business growth derailed by cost of living crisis April 18, 2022 Businesses are ill equipped to cope with spiralling costs and soaring energy bills, fresh analysis has revealed.
Most employees push for remote working following fuel price surge April 18, 2022 Most employees are pushing for remote working patterns as a result of the surge in fuel prices. According to 3,000 people survey by recruiter Randstad, nine out of 10 cite the cost-of-living crisis, and in particular hiking fuel prices, as the main reason for remote working. “For people who have to drive, being hit by [...]
Easter Reads part two: the best in our opinion pages on politics, the economy and Ukraine April 18, 2022 The much debated Online Safety Bill was introduced on March 17. It means US tech giants finally have a set of standards to adhere to, to safeguard online communities. The piece of legislation, however, is a behemoth bill of confusion, writes Leah Montebello. It’s not clear yet what content counts as “harmful”, and who should [...]
Deliveroo teams up with UK food bank charity to combat cost of living crunch April 18, 2022 Deliveroo have announced a new partnership with a UK food charity to provide up to two million meals and support for people facing hunger across the country.
Easter Reads part one: the best in our opinion pages on politics, the economy and Ukraine April 16, 2022 Back when partygate was “seemingly” subsiding, Giles Kenningham looked at another political headache for Johnson, one with a much longer legacy: the future of the Union. The pandemic gave a taste of greater independence to the devolved nations, and now some want to keep it – surely, that’s the case with Scotland’s Nicola Sturgeon. To [...]
Letters: Inflation puts us back on the brink April 14, 2022 [Re: Inflation reaches 7 per cent as Brits fear cost of living crisis, April 13] The fact that inflation has reached a thirty-year high is a reminder of the huge disparity between the needs of businesses facing financial difficulties and the lack of support from the Government in addressing these challenges. Britain has not seen [...]