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4350 Search results for cost-of-living crisis.

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  • Slap up Valentines Day meals boosts UK diner volumes

    February 17, 2022

    Couples treating themselves to a slap up Valentines Day meal boosted the volume of diners in the UK over the last week, revealed official figures released today. The number of restaurant goers in Britain surged 17 percentage points in just a week and is now nearly a third above its pre-pandemic level, according to the [...]

  • Entrenched supply crunch stoking inflation risks throttling global economy, IMF warns

    February 17, 2022

    Supply chain breakdowns stoking inflation are inflicting “harm” on the global recovery from the Covid-19 crisis, the world’s economic watchdog warned today. Swelling costs fuelled by choking supply bottlenecks pose a serious risk to derailing the economic rebound by cutting households’ spending power, the International Monetary Fund (IMF) has warned. Central banks launching a rapid [...]

  • Nearly half of Brits hunt for a new job as eyes fall on ‘inflation-busting’ pay rises

    February 17, 2022

    Nearly half of all Brits have been hunting for a new job in the past three months, according to data City A.M. can share today.  While around a third have mulled quitting their current position, research by Ipsos has revealed.  The temptation to hand in a resignation letter is stronger among younger workers, aged between [...]

  • Opinion-in-brief: Free Covid-19 tests enable personal responsibility

    February 17, 2022

    Boris Johnson will announce his strategy to “live with Covid-19” next Monday, bringing an end to all restrictions in England. The provision of free rapid flow tests is also under review in a bid to save as much as £10bn. Johnson has put considerable effort into turning the Covid-19 strategy into a question of “personal [...]

  • IEA urges OPEC+ to boost oil production amid market rallies

    February 16, 2022

    The head of the IEA Fatih Birol has called on OPEC+ to boost production to meet its agreed output targets.

  • Bank of England to look through weaker growth and send rates to financial crisis levels

    February 16, 2022

    The Bank of England will look through weaker than expected economic growth this year and send interest rates to levels not seen since the financial crisis, experts are betting. Zeroing in on eradicating rampant inflation in the UK at the expense of providing a floor for the economy will drive the Bank to launch the [...]

  • Wales to roll out world’s most generous basic income scheme with guaranteed income of £1,600 per month

    February 16, 2022

    Wales is to introduce what is believed to be the most generous basic income scheme ever trialled in the world. Ministers want to use the scheme to assess the impact receiving a basic income has on young people as they leave care, particularly those from disadvantaged backgrounds. All young people leaving care who turn 18 [...]

  • As the energy crisis hits pockets, we need to protect our future economy

    February 16, 2022

    Against the backdrop of the cost of living crisis, there is a growing vocal minority in the Conservative Party calling for the Prime Minister to slow down on decarbonising the British economy. The Net Zero Scrutiny Group of backbench MPs in parliament have started to grumble that the government’s net zero plans will cost too [...]

  • Liontrust faces shareholder rebellion over plans to hike executive salaries

    February 15, 2022

    London-listed asset manager Liontrust is facing a shareholder rebellion over plans to hike the salaries of its C-Suite executives as Britain faces rampant inflation and a widespread cost-of-living crisis. A significant proportion of Liontrust’s shareholders are expected to vote against the asset manager’s new remuneration policy, at a specially convened general meeting tomorrow, Sky News’ [...]

  • Crude Awakening: The necessity of oil and gas in the green transition

    February 15, 2022

    Oil and gas have a role to play in the energy mix of developed economies, even as the world transitions to renewable energy sources.

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