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1180 Search results for cost of living fears

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  • Brits fear Rachel Reeves’ next Budget will make them worse off 

    October 7, 2025

    A majority of Britons believe Rachel Reeves’ next Budget will make them worse off while three in four have lost faith in the government’s growth mission, fresh polling reveals.  The Labour government has made growing the UK economy its central mission in government in a bid to claw back support across the electorate.  But the [...]

  • Bosses’ inflation expectations highest in two years amid employment freeze

    October 2, 2025

    Fears that inflation will remain well above the Bank of England’s two per cent target intensified on Thursday, after a closely watched survey of businesses revealed bosses plan to raise prices at their fastest rate since the height of the cost-of-living crisis. British businesses also have the weakest hiring intentions since 2020 with firms expecting [...]

  • ‘Packaging tax’ to force further price rises

    October 1, 2025

    UK businesses will be forced to pass the vast majority of costs incurred by a new packaging tax onto consumers, in a move that will stoke already rampant food inflation and compound financial pressures on hard-pressed households. According to fresh figures from the British Retail Consortium (BRC), retailers plan to pass over 80 per cent [...]

  • Retail body warns against tax hikes amid ‘nightmare’ inflation

    September 30, 2025

    Britain’s largest retail business group has warned the Treasury that further tax hikes on businesses will keep shop prices “higher for longer”, after data showed food inflation in September remained at its highest levels since the height of the cost-of-living crisis. British Retail Consortium (BRC) chief executive Helen Dickinson said even if the Chancellor chooses [...]

  • Why graduates face a brutal jobs market

    September 26, 2025

    While students flung mortar boards in the air after receiving their degrees, not everyone had cause to celebrate. Graduation was supposed to be the golden ticket to a dream career: get a good degree at a good university, and jobs at professional service firms, banks and consultancies would be there for the taking. For many [...]

  • A competent Chancellor would break Britain’s high tax, high spend doom loop

    September 25, 2025

    Economic alarm bells are blaring, but Rachel Reeves has stuck her fingers in her ears, says shadow chancellor Mel Stride Britain’s economy is on the brink. We’re set for the highest inflation in the G7; unemployment is at a four-year high; and GDP growth is pitiful – in July it was literally zero. Meanwhile, borrowing [...]

  • Autumn tax hikes would lead to inflation over five per cent ‘well into next year’

    September 23, 2025

    Food inflation will rise and remain above five per cent well into 2026 if the retail industry is hit by further tax rises at the Autumn Budget, a leading lobby group has warned. The British Retail Consortium (BRC) said that the government risks ‘losing the battle’ against inflation if business rates on large shops rise [...]

  • Backlash grows as Reeves eyes VAT raid on cabs

    September 21, 2025

    Rachel Reeves is facing a mounting backlash over plans to impose VAT on taxi fares, with campaigners warning the move will hammer rural residents, make it harder for disabled people to attend medical appointments, and heap pressure on the NHS budget. The chancellor is weighing proposals to introduce a 20 per cent levy on all [...]

  • Industrial strategy vs journalism: The battle for UK university funding

    September 17, 2025

    The future of journalism courses in UK higher education is under threat after the government confirmed plans to divert funding away from media and communications courses and towards subjects more directly tied to its industrial strategy. In May, ministers announced a £108m cut to the Strategic Priorities Grant (SPG) for 2025-26 – reducing the total [...]

  • Hawks vs Doves: Bank of England’s MPC will hold interest rates – but expect dissent

    September 17, 2025

    In the last year, the Bank of England has cut interest rates five times on the expectation that price rises were easing in the UK.  When inflation hit a 41-year high of 11.1 per cent in October 2022, policymakers at the Bank warned that its fight to battle inflation was “sacrosanct”.  The relentless spiralling of [...]

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