Even before the cost of living crisis, Brits struggled to understand their own finances April 11, 2023 Even before the pandemic, inflation and the energy crisis put the "cost of living" at the forefront of our minds, Brits across the country were struggling to manage their finances, writes Nicholas Lyons.
Gender pension gap: Women trail men by thousands – and the gap could widen April 11, 2023 Women’s pensions are on average £17,014 smaller than their male counterparts, per a new study by pensions consultants TPT. The research found that among those who knew how much they had put aside, the average man in his 50s would retire with far more money than a female counterpart. Women workers, by contrast, fear that [...]
Cost of living fears outweigh mental health and climate change as biggest concern for parents – poll April 7, 2023 Fears about the cost of living outweigh those of mental health, climate change, social media and bullying for a third of UK parents, a survey suggests. Almost a quarter of parents (24 per cent ) said finances and savings were a key concern for their children’s futures but just 9 per cent said they were [...]
Can CEO Rishi Sunak turn the Conservative party around in time for an election? April 6, 2023 Rishi Sunak has billed himself as a quiet competent manager, the CEO of Britain, in a bid to turn the Conservative Party's prospects around, writes John Oxley.
New car market increased 18 per cent last month to mark release of new number plates April 5, 2023 The UK’s new car market has grown for eight consecutive months, figures show. Some 287,825 new cars were registered last month, up 18.2 per cent on March 2022, the Society of Motor Manufacturers and Traders (SMMT) said. The increase was attributed to an easing of global supply chain shortages. Large fleets, which include vehicles owned [...]
Gas prices: How long before they return to pre-energy crisis levels? April 5, 2023 Gas prices will not return to pre-crisis levels for another three years despite the recent drop-off, warns investment group Stifel.
Co-op warns cost of living crisis will eat into future profits as food to funeral care firm feels pain of inflation April 5, 2023 The Co-operative Group has warned that ongoing inflation and economic uncertainty is likely to reduce its profits in 2023. The food, insurance and funeral care provider revealed its underlying profit remained flat at £100m for the year while EBITDA was down £15m to £490m compared to £505m in 2021. Group revenue for the year was [...]
If 15 minute cities can start a wave of conspiracies, almost anything can April 4, 2023 The hysteria about the 15-minute city in Oxford is proof that conspiracy theories are reaching further and further deep into every corner of our society, writes Elena Siniscalco
Let’s face it: Profiteering is feeding the inflation beast, not just pay rises April 4, 2023 Inflation is a pernicious beast that is plainly bad for people and businesses. It can ease governments’ debt burdens by (artificially) boosting tax revenues, but that can lead to severe bouts of price rises that, often, lead to societal decay. So it’s easy to see why policymakers in the UK are sweating over the rate [...]
‘Worse than the pandemic’: Pub bodies warn of closures as energy bills relief scheme ends April 4, 2023 Hospitality bodies have warned that business failure is worse now than it was during the pandemic as the sector braces itself for the first month of trading following the end of the government’s energy bill relief scheme. “We’re seeing an acceleration of business failure which is now worse than the pandemic,” Emma McClarkin, chief executive [...]