Brits to shoulder worst cost of living squeeze since 1991 January 20, 2022 Brits are set to shoulder the worst cost of living squeeze since the early 1990s, ignited by swelling energy bills and food prices compounding to spike household budgets. This week’s higher than expected inflation reading bounced one the world’s top investment bank’s cost of living forecasts. Wall Street titan Goldman Sachs lifted its expectations for [...]
TfL under fire over ‘unfair’ proposed Piccadilly line premium fare to Heathrow January 20, 2022 Transport for London (TfL) is under fire over a proposed increase to Piccadilly line’s journeys to Heathrow, according to recent reports. To be put in place between Zone 1 and Zone 6, the ‘premium fare’ would see commuters pay 60 per cent more to travel, with peak prices implemented all day instead of during rush [...]
Opinion-in-brief: Gas prices will exacerbate fuel poverty if we don’t act January 20, 2022 Gas prices will perpetuate the cost of living crisis in 2022, with hundreds of thousands of new households at risk of fuel poverty. On top of that, gas boilers still account for one in seven tonnes of carbon the UK emits each year. We need to act. The sooner we adopt low-carbon home heating and [...]
Britons, your country needs you. It’s time to take out your wallet and spend January 20, 2022 What stupid purchases have you made since Covid-19 arrived on these shores? Perhaps you bought a hot tub, some garden furniture or even a new shed. Perhaps you are more frugal minded, opting instead to squirrel away cash that would have otherwise been spent in the pub into your savings account. If you are the [...]
Rishi Sunak’s proximity to Johnson shot him to stardom but it could be his undoing January 20, 2022 Theresa May had a light smile on her lips as she expressed gratitude for the aviation industry and pressed the Prime Minister on his plans to drop testing rules for international travel. The one time Prime Minister was not the only Tory MP grateful for the joy of flight: Liz Truss, the Foreign Secretary, and [...]
Blockchain in emerging economies is one of the world’s most exciting markets January 19, 2022 Crypto AM columnist Dr Jane Thomason details why the world of blockchain in emerging economies is so important.
The world in 2022: a map to global politics January 19, 2022 In 2022 the fault lines of global politics will be tested again. City A.M. and the British Foreign Policy Group chart the year ahead. If the pandemic taught us anything, it is the deep ramifications that one country’s domestic politics have globally. From the future of the French President to continual Chinese aggression, here we [...]
Brits’ living standards eroded by inflation spike casting doubt over economic recovery’s strength January 18, 2022 An inflation squeeze that is choking Brits’ pay packets is threatening to throttle the consumer led recovery. Brits’ take home pay is being corroded by the cost of living spiralling to the highest rate in recent history, revealed figures published yesterday by the Office for National Statistics. The damning data comes as the City braces [...]
Government will take almost 400 years to complete cladding remediations at current pace of fund January 18, 2022 The government is anticipated to take almost 400 years to fix buildings affected by unsafe cladding, should works continue at their current pace. A dozen unsafe buildings – who have been registered with the government’s £5bn building safety fund – have seen remediation works completed. Out of 3,191 buildings with non-composite material cladding initially registered [...]
Joseph Rowntree Foundation urges immediate support for low-income households amid deepening energy crisis January 18, 2022 The Joseph Rowntree Foundation (JFR) is calling for immediate emergency payments for low-income households to alleviate the cost-of-living crisis.