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4316 Search results for cost-of-living crisis.

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  • Wednesday from hell for millions of Brits as rail strike gets underway

    October 5, 2022

    Millions of train travellers brace themselves for major chaos today due to another strike in the long-running dispute over pay, jobs and conditions. Members of the drivers’ union Aslef and the Transport Salaried Staffs Association (TSSA) will walk out, causing huge disruption to services with millions of Brits expected to work from home. Aslef general [...]

  • Our politicians must wake up to the public debt effect

    October 5, 2022

    In a novel by C.P. Snow, a physicist turned author who served as science minister under Harold Wilson in the 1960s, the master of a Cambridge college says that “gratitude isn’t an emotion, but the expectation of gratitude is a very lively one.” The prime minister and her Chancellor may well be having exactly the [...]

  • Aramco boss warns oil markets are still tight despite price slump

    October 4, 2022

    Investors should be focusing on the lack of global spare capacity to boost oil output rather than plummeting demand, argued Aramco.

  • Deliveroo hits the streets with West End grocery store

    October 3, 2022

    Online delivery app Deliveroo has opened the doors of its first brick and mortar grocery store on New Oxford St. Shoppers will be able to order groceries through digital kiosks, via the Deliveroo app for collection or home delivery. The Deliveroo HOP shop will be open from 8am to 11pm. The range of 1,750 products [...]

  • Kwarteng to U-turn on scrapping 45p tax rate: ‘We get it – we have listened’

    October 3, 2022

    Chancellor Kwasi Kwarteng will U-turn on scrapping the 45p tax rate amid opposition from his own MPs and former ministers. The government is to row back on the policy following vocal opposition from former cabinet ministers Michael Gove and Grant Shapps. On Sunday, the Prime Minister said she was “absolutely committed” to the policy. Posting [...]

  • Greater London boroughs most at risk of ‘monster’ mortgage rate hikes, say Lib Dems

    October 3, 2022

    Greater London boroughs are most at risk as “monster” mortgage rate hikes loom, according to research by the Liberal Democrats. Sutton, Bexley, Kingston upon Thames and Redbridge are home to the highest proportion of properties owned with a mortgage, with one in three households ladened with the debt – far above the city average of [...]

  • Where to eat, drink and sleep in Birmingham for Tory Party Conference

    October 2, 2022

    On 2 october, Tory Party Conference kicks off in Birmingham. It remains to be seen whether the city famous for its Bull Ring will witness any blood sport following the fallout from the chancellor’s mini-budget. But whether it’s toasting the new PM or ruefully navel-gazing over Keir Starmer’s poll lead, the city’s hotels, restaurants, bars [...]

  • EU brings in windfall tax but bloc divided over gas price caps

    October 1, 2022

    The EU has confirmed it will impose a windfall tax on energy firms' profits, as the bloc grapples with a cost of living crisis crunch this winter.

  • Truss urged to clarify ‘false’ claim “nobody is paying fuel bills of more than £2,500”

    September 29, 2022

    Prime Minister Liz Truss has been urged to clarify a reportedly false claim  that “nobody is paying fuel bills of more than £2,500”. Fact-checking charity Full Fact and consumer champion Martin Lewis both warned Truss’ claim was incorrect, and that there was a risk “vulnerable elderly people” think they can keep heating on without paying [...]

  • Amazon ups Stateside pay for frontline workers as union pressure mounts in UK

    September 29, 2022

    Amazon has agreed to boost the average pay of frontline workers in the US, adding increasing pressure on the firm this side of the Atlantic to bolster pay. The e-commerce giant said it would boost salaries from $18 to $19 (£16.60 to £17.60) per hour, while transportation teams would earn between $16 and $26 an [...]

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