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4344 Search results for cost-of-living crisis.

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  • Nearly 120,000 retail jobs lost in 2023, report suggests

    January 8, 2024

    The numbers of jobs lost in British retail dropped last year, but 120,000 people still lost their employment, figures have suggested.

  • I’ve lived in many places – but nowhere compares to the City of London

    January 8, 2024

    It may be January, but Michael Mainelli says it's time for optimism in the City, which already contains an abundance of resources for success.

  • London Tube strikes CANCELLED following ‘positive discussions’

    January 7, 2024

    Tube strikes set to cause havoc for London's commuters and businesses this week have been cancelled. TfL warned, however, that there might still be some disruption tomorrow.

  • National insurance cut by 2 per cent

    January 6, 2024

    The main rate of national insurance was today cut by two percentage points, from 12 per cent to 10 per cent. The move, announced in last year’s autumn statement, was hailed by the Conservatives but Labour called it a “raw deal” and economists said many households are still facing the burden of high taxes. Chancellor [...]

  • Chancellor unsure if Government can afford to announce new tax cuts

    January 6, 2024

    Chancellor Jeremy Hunt has said he does not know if he can afford to cut taxes for British households as a national insurance reduction came into force on Saturday. Hunt said he wanted to further ease a tax burden which is expected to rise to the highest since the Second World War before the end [...]

  • More Tube strikes coming? Another union to ballot London Underground staff

    January 5, 2024

    The TSSA (Transport Salaried Staffs' Association), which says it is the biggest union for Transport for London workers, will put a vote to its members for industrial action, after rejecting a new pay offer.  

  • Rachel Reeves: Sir Howard Davies house price remarks ‘out of touch with reality’

    January 5, 2024

    Rachel Reeves has slammed Natwest chair Sir Howard Davies' comments on the property ladder, saying the City grandee is "out of touch" with the reality of millions of Brits.

  • Natwest chair says “it’s not that difficult” to buy a house. The data disagrees.

    January 5, 2024

    House prices continue to outpace wage growth but Natwest chair Sir Howard Davies has told youngsters it's "not that difficult" to get on the ladder

  • Revs to shut Liverpool bar and host of others as youngsters stop spending

    January 5, 2024

    Revolution Bars has said it will close down eight of its least profitable venues in response to young people scaling back nights out due to the cost of living crisis.  In a trading update, the nightlife operator blamed younger customers feeling the “disproportionate” effect of the cost-of-living crisis and the national living wage increase for [...]

  • UK’s new car market leaves pandemic in the past with 18 per cent growth in 2023

    January 5, 2024

    The number of new car registrations in the UK grew by nearly 18 per cent in 2023, as automakers emerged from Covid-era supply chain issues.

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