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4232 Search results for cost of living crisis

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  • Brexit has dented Britain’s exports when we should be relaunching our global brand

    March 11, 2022

    It is fair to say that this government is facing a myriad of challenges. Having pushed Brexit through and just about overcome the pandemic, the government is now facing war in Ukraine and a cost-of-living crisis at home. On top of this, the structural challenges of “levelling up”, boosting growth, and making a success of [...]

  • Lib Dems call for £18bn cut to VAT to ease cost of living crunch

    March 10, 2022

    The Liberal Democrats are calling for an £18bn VAT cut that would see the rate slashed from 20 to 17.5 per cent in a bid to ease the cost of living crunch on British households. The Lib Dems say the new policy proposal, released on the eve of the party’s spring conference, would save households [...]

  • Gas prices hit record levels this month reveals Office for National Statistics

    March 10, 2022

    Gas prices soared 66 per cent in the week up to 6 March 2022 to record levels at 15.5p per kilowatt hour (kWH), according to the ONS.

  • Public willingness must match private money to break the housing deadlock

    March 10, 2022

    ANY Londoner is painfully familiar with the number of rough sleepers. Some spots are focal points for make-shift “camps” of people; for example outside Warren Street station, there are often at least 25 homeless people. During the first year of the pandemic alone, 130,000 households were made homeless. With a cost of living crisis already [...]

  • UAE hints at supporting boost in oil supplies following Russia’s invasion of Ukraine

    March 10, 2022

    OPEC member United Arab Emirates called for more oil supplies to be pumped into the market yesterday amid fears of supply shortages.

  • Russia-Ukraine war to take tax cuts off the table, IFS warns

    March 10, 2022

    Even higher inflation triggered by Russia invading Ukraine will take promised tax cuts off the table, a leading think tank warned today. Surging energy prices driven by concerns over the security of oil and gas supplies amid a ramping up in tensions between Moscow and the West will eat into Chancellor Rishi Sunak’s room to [...]

  • How stock markets perform after heavy falls

    March 9, 2022

    While public attention has understandably focused on the grave humanitarian consequences of the invasion of Ukraine, global markets have reflected investors’ concerns about financial and economic impacts. Our live blog on the Ukraine crisis will be updated regularly throughout the week, it can be found here.   To date the current crisis has seen major markets fall [...]

  • OPEC+ underperforms as politics weighs on oil output

    March 9, 2022

    Oil prices remain elevated in a volatile market, with OPEC+'s performance under increasing scrutiny amid escalating conflict in Ukraine.

  • As cost of living crisis rages, Extinction Rebellion plots to block oil refineries across the UK next month

    March 9, 2022

    Extinction Rebellion has announced plans to block major UK oil refineries in April. The direct action group said it intends to “stop the harm at the source” as part of its campaign to force the Government to stop the fossil fuel economy. The protest group Just Stop Oil will also be blocking refineries across the [...]

  • North Sea Oil won’t save us from the energy crisis if we don’t invest in renewables

    March 9, 2022

    The UK has a fundamental problem with its energy supply: gas. For as long as we’re tied to the global gas market, the successful greening of our economy by 2050 – and the economic benefits and lower prices it brings – is not much more than a pipe dream. Our reliance on foreign gas –and [...]

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