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4222 Search results for cost of living crisis

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  • 83 per cent agree that Britain has a housing crisis – here’s how we’ll fix it

    May 19, 2025

    The housing sector is reaffirming its commitment to addressing the UK’s housing crisis through building affordable, sustainable homes, empowering communities, and urging stronger collaboration with government to meet ambitious national targets, says Clare Miller Across the country, the public is clear: we need more affordable homes. And encouragingly, signs from government suggest they’re listening. As [...]

  • Government AI pushed stalled by old tech

    May 16, 2025

    The UK public sector is facing a digital crisis, with pressure mounting to roll out AI-driven services, enhance citizen engagement, and modernise remote working. But the sector is being dragged back by legacy systems, disconnected platforms, and chronic budget constraints. A new report from CX platform provider 8×8 and Cavell Group analysts has revealed that [...]

  • Rental crisis to worsen in the next decade, says UK’s biggest landlord

    May 15, 2025

    Ongoing supply constraints are set to worsen the UK’s rental crisis in the coming years, according to the country’s biggest landlord. Grainger said it expected rental demand to grow 20 per cent from its 2021 level by 2031, far above growth in housing supply. “The private rental market in the UK faces growing demand [and] [...]

  • What do Labour-Reform switchers want? It’s not what you think

    May 15, 2025

    Voters who have left Labour for Reform are more pro-European than the general public with nearly three quarters wanting a much closer relationship with the EU, finds Praful Nargund Tough rhetoric and tighter rules from the Prime Minister are all designed to neutralise one of the most volatile issues in British politics: immigration. But behind [...]

  • Green belt homes ‘needed’ to solve housing crisis, Sadiq Khan says

    May 15, 2025

    London is suffering a chronic housing shortage. Lacklustre rates of housebuilding have helped push up the cost of a home to well beyond the reach of ordinary Londoners. The price of an average terrace house in Camden has roughly tripled compared to twenty years ago to more than £1.5m today, Land Registry data shows, while [...]

  • Champagne Lanson sales fail to fizz as prices rise

    May 9, 2025

    Champagne Lanson suffered a sharp drop in its UK sales in 2024 as drinkers turned their backs on bars and restaurants amid the cost-of-living crisis. New accounts filed with Companies House show the brand’s turnover was slashed from £45.2m to £35.5m last year while its pre-tax profit also fell from £1.7m to £819,000. The champagne [...]

  • Revolut, Monzo and Wise: The UK fintechs slapped with the most complaints 

    May 9, 2025

    Fintechs may be giving banks a run for their money on innovation, but fresh data reveals they’re also competing on the unenviable field of complaints. New figures from the Financial Ombudsman Service (FOS) showed Monzo and Revolut topped the fintech industry for the most complaints. Both firms’ customer bases swelled to over 10m users in [...]

  • What the Bank of England’s interest rate cut means for your mortgage

    May 8, 2025

    The Bank of England has reduced rates by 0.25 percentage points to 4.25 per cent in a hotly anticipated cut that will leave homeowners with big decisions for their mortgage deals. The reduced cost for banks to borrow money will have broad implications for the mortgage market, as banks lower interest rates on loans. Major [...]

  • Bank of England cuts interest rate in split decision 

    May 8, 2025

    The Bank of England has cut interest rates to 4.25 per cent in a split decision dividing hawks and doves.  The Bank’s policymakers suggested that President Trump’s aggressive tariffs on China were “more likely to be disinflationary than inflationary”, with price growth expected to level off to its two per cent target by the end [...]

  • High-tax Britain is losing the race for global talent

    April 29, 2025

    High taxes, fiscal drag and the cost of living mean London is no longer the destination of choice for skilled employees – and competitors like the Basque Country are feeling the benefits, says Ivan Jimenez I’m a proud native of the Basque Country in northern Spain, but having spent a lot of time in the [...]

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