If we don’t fix London’s housing, families will get stuck in temporary accommodation September 27, 2022 This coming winter will be hard for millions of Londoners, with energy costs and inflation hitting almost everyone. But it will be harder still for the thousands of families stuck in temporary accommodation who don’t have a permanent home. The numbers affected are staggering – 59 per cent of all English households in temporary accommodation [...]
EV switch under threat from uneven roll out and rising energy prices September 27, 2022 Over the last few years, an increasing number of Brits have joined the green car revolution and switched to electric vehicles (EVs). There are currently over 900,000 electric cars in the UK – up from less than 4,000 a decade ago, according to data from the RAC. While this only represents 4.5 per cent of [...]
Pound slides after Bank of England bats away emergency rate hike pressure September 26, 2022 Sterling collapsed to an all time low this morning as investor confidence evaporated in the wake of the government’s plans to slash taxes and ramp up borrowing in a ‘mini-budget’ last week.
Fraud rates surge after scammers swoop through lockdowns September 26, 2022 Fraud rates jumped by over a quarter last year as scammers swooped on vulnerable Brits amid pandemic lockdowns, official figures revealed today.
Government support packages rescue Ovo Energy from financial turmoil September 26, 2022 The UK's third largest supplier feared for its long-term viability as energy from before the Government's rescue package.
Reeves says Labour is now the party of ‘economic responsibility’ September 26, 2022 Labour is “on its way” to forming government and is now the party of “economic responsibility”, shadow chancellor Rachel Reeves has said. Reeves said in her Labour party conference speech today that “it’s time for a government that is on your side – that government is a Labour government”. It comes as the Bank of [...]
EV drivers hit by rise in public charging costs September 26, 2022 The cost of charging an electric vehicle has risen 42 percent since May, according to RAC Electric Experts. On average it now costs 63.29p per kilowatt hour to refuel an EV at a public rapid charger on a non-subscription basis – an 18.75p increase from four months ago. The latest figures show that “it is [...]
Inflation forces one in three Brits to trade down to cheaper products September 26, 2022 Brits are trading down to cheaper products in response to rampant inflation squeezing their finances, a survey published today shows. A third of consumers are buying more own brand products, while one in four are turning to cheaper retailers in a bid to cap their weekly shop, according to consultancy KPMG. The research illustrates the [...]
The traditional Great British Sunday Roast risks dying a slow and painful death September 25, 2022 A quarter of all British cooks say they are now less likely to prepare a Sunday roast and nearly a fifth say they will no longer use their oven at all as they respond to the cost-of-living crisis. Soaring energy costs appear to already be influencing kitchen habits, with 23 per cent of cooks saying [...]
Half of tax cuts in Kwarteng’s mini-budget will go to richest five per cent, Resolution Foundation claims September 23, 2022 Half of the Chancellor’s planned tax cuts will go to the richest five per cent of the country, a leading think-tank has said. In sharp criticism of today’s raft of new policies in the mini-budget, the Resolution Foundation hit out at Kwasi Kwarteng for having “blown the budget”. This comes after Kwarteng announced a tax [...]