EU aims to boost gas supplies amid deepening energy crisis and Russia-Ukraine tensions January 23, 2022 The European Union is talking with partners as it looks to boost gas supplies amid a deepening energy crisis across the continent.
Can Bitcoin beat inflation? January 21, 2022 Increasing cryptocurrency adoption is certainly not inevitable but higher levels of current inflation is a friend to those looking to onboard newbies, writes Gavin S Brown.
Oil prices slide as production ramps up Stateside January 21, 2022 Oil prices have tumbled as market sentiment took a downturn following rising inventories the US, with questions over future benchmark performance.
Business Secretary says households will have to wait until March for help with soaring energy bills January 21, 2022 Business Secretary Kwasi Kwarteng has said households must wait until March to find out what help the government can offer for rising energy bills.
BT slaps millions of customers with 9 per cent hike in charges on phone and broadband bills January 21, 2022 Telecoms giant BT has said it plans to increase prices by 9 per cent from the end of March for most customers, another sign the cost-of-living squeeze is deepening. The company said those affected will end up paying an extra £3.50 a month – or £42 annually – on average for phone and broadband bills. [...]
Brits’ optimism shrinks on soaring inflation and looming tax hikes January 21, 2022 An inflation spike, the re-emergence of Covid-19 restrictions and looming tax hikes have combined to dampen Brits’ confidence in the year ahead, reveals a closely watched survey released today. The erosion of household budgets by inflation climbing to a near three decade high has led to concerns about a deterioration in personal finances to sweep [...]
Brits to shoulder worst cost of living squeeze since 1991 January 20, 2022 Brits are set to shoulder the worst cost of living squeeze since the early 1990s, ignited by swelling energy bills and food prices compounding to spike household budgets. This week’s higher than expected inflation reading bounced one the world’s top investment bank’s cost of living forecasts. Wall Street titan Goldman Sachs lifted its expectations for [...]
Household energy bills could rise twice this year warns industry boss January 20, 2022 Household energy bills are likely to rise again in October despite a predicted 50 per cent jump this spring, warns the chief executive of Energy UK.
City Pub Group looks to office workers’ return as pub sector faces soaring energy costs January 20, 2022 Premium pub operator the City Pub Group has said it is hopeful the return of office workers will boost its sales in cities across the country. It said there had been a “significant increase in trade” in the last 10 days, which it put down to an increased consumer confidence. The easing of the government’s [...]
Rishi Sunak’s proximity to Johnson shot him to stardom but it could be his undoing January 20, 2022 Theresa May had a light smile on her lips as she expressed gratitude for the aviation industry and pressed the Prime Minister on his plans to drop testing rules for international travel. The one time Prime Minister was not the only Tory MP grateful for the joy of flight: Liz Truss, the Foreign Secretary, and [...]