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4249 Search results for cost of living crisis

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  • Over a third of Londoners now travelling into the office more frequently as strikes fail to deter commuters

    May 31, 2023

    Rail strikes have failed to stop Londoners heading into the office this year, new data shows. Almost two in five Londoners (38 per cent) are commuting more frequently than they were at the start of the year, according to new data from Virgin Media’s O2 Business Mover Index, covering January to March. Wednesday was the [...]

  • Rail union boss ‘not seen anyone from government’ since January as fresh strikes bring UK to a halt

    May 31, 2023

    Rail union Aslef’s general secretary has said he “hasn’t seen anyone from government” since 6 January, as workers start a wave of strikes, bringing trains to a halt across the country. “They are not interested, they don’t care, they are not interested in a resolution to this dispute,” he told Kay Burley’s Sky News Breakfast [...]

  • It has to be Heinz? Not in this economy, till reports suggest

    May 31, 2023

    Shoppers are continuing to switch to supermarket ketchup, milk and cereal own-brands to cut down on spending amidst the cost of living crisis.  Volume sales in store branded products surged 63.3 per cent in the fast moving consumer goods (FMCG) category during May, figures by consumer intelligence company NIQ show.  Food prices have surged since [...]

  • Slowing UK economy appears good news for discount retailer B&M

    May 31, 2023

    Brits seeking out bargains has helped drive B&M customer numbers up every month since June, as the group plans to roll out 30 more stores across the UK to up keep demand.  For the year, the budget chain, which sells homewares and food, gained revenues of £4.9bn up from £4.6bn, as the group improved its [...]

  • The cost of living crisis has an unlikely winner: the book industry

    May 31, 2023

    Publishing group Bloomsbury raked in record sales last year as Brits buried their heads in books and "cut back on more expensive forms of diversion" through the cost of living squeeze, the firm revealed today.

  • Politicians don’t understand housing and asylum seekers will pay the price

    May 31, 2023

    The government wants to temporarily scrap HMO licensing for asylum seekers' accommodation. It risks creating a set of dangerous sub-standard homes unfit for the future, writes Elena Siniscalco

  • Brits put recession fears aside to bowl strikes at ten-pin operator

    May 30, 2023

    Hollywood Bowl reported record revenues of £110.2m in its half year results this morning, up 20.7 per cent on 2022 amid strong sales, and said it would continue to eye expanding its UK estate and leisure centres. However, the bowling operator reported a drop in its pre-tax profits to £26.7m for the six months to [...]

  • Are gone-off goods the answer to the cost of living crisis?

    May 30, 2023

    An online grocery store which sells goods that would otherwise be sent to landfill is growing in popularity in the UK, as cash-strapped Brits search for new ways to save money amid the cost of living crisis.  “I think there’s a lot of focus on price at the moment… and we can cater for something [...]

  • Over-fifties add second jobs as cost of living bites into savings

    May 29, 2023

    The number of people aged 50 and older with a second job has increased by more than 100,000 in the past decade, according to new research. The total jumped to more than 440,000 in the first quarter of the year, almost a third more than the same period in 2013, said Rest Less, which offers [...]

  • Government to ‘encourage’ supermarkets to cap food prices

    May 28, 2023

    Government plans to encourage supermarkets to impose price caps on food staples to help with the cost of living will have no “element of compulsion”, a Cabinet minister has said. Downing Street is understood to be drawing up proposals that would seek to get retailers charging the lowest possible amount for some basic products like [...]

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