Three TV channels and shops shut on Sundays - life in 1982 when the cost of living was last as high as it is now Margaret Thatcher was PM and unemployment stood at 10.4% Wales Online · May 18, 2022
London house prices rise but ‘frightening level of inflation’ and cost of living crisis likely to dampen market The average price of a house in London is now £523,666, after prices rose by 4.8 per cent in the year to March Evening Standard · May 18, 2022
Inflation hits 9%: How does it impact your finances? Around nine in 10 (87 per cent) of adults in Britain have reported their cost of living increased in March alone The Independent UK · May 18, 2022
London politics latest: Boris Johnson accused of having ‘head in sand’ on cost of living as pressure grows for windfall tax Labour leader Sir Keir Starmer has urged the Prime Minister to stop the “hokey-cokey” and back Labour’s plan to bring in a windfall tax on energy firms at PMQs. Evening Standard · May 18, 2022
Brits warned of 'relentless' food price increases for meat and milk Latest figures show how much more you're spending on food and outside the home Wales Online · May 18, 2022
Soaring UK inflation makes action from Rishi Sunak a question of when, not if Analysis: Chancellor has sought to deflect criticism by citing global factors but has hinted about support The Guardian - UK · May 18, 2022
Rishi Sunak warns next months of cost of living crisis ‘will be tough’ Pressure on chancellor to act as inflation hits a 40-year high with soaring energy bills pushing Consumer Prices Index to nine per cent in April Evening Standard · May 18, 2022
School lunch portions may SHRINK with cheaper ingredients used to counter food costs Andrew Selley, chief executive of Bidfood, said schools might have to use cheaper ingredients in a bid to counter rapidly rising food prices - or raise cost of dinners Daily Mirror · May 18, 2022
Pubs wary of increasing prices as inflation squeezes profits ‘We are having to take a lot of these costs on the chin which affects our bottom line,’ said City Pub Group chair Clive Watson Evening Standard · May 18, 2022
House prices hit new record but growth expected to slow The rate of growth will slow by the end of 2022, Halifax said. The Independent UK · May 18, 2022
REDIRECTED Will rising interest rates cause UK house prices to fall? Many experts are predicting a slowdown in price growth later this year, explains Ben Chapman The Independent UK · May 18, 2022
‘No time to lose’ to help those struggling with surging living costs StepChange Debt Charity said the surging cost of living is among the most common reasons people with financial struggles give for their debts. The Independent UK · May 18, 2022
Eastbourne council becomes first council to declare ‘cost of living emergency’ Exclusive: Lib Dem-run authority will pass motion to give Tory government ‘wake-up call’ and help local charities The Independent UK · May 18, 2022
Rishi Sunak under pressure as inflation hits 9% sending fuel and food prices soaring Labour is tabling an amendment calling for an emergency budget to help households cope with rising food and fuel costs. Daily Record · May 18, 2022
Reuters · May 18, 2022 More pain in Sri Lanka before any resolution to crisis Sri Lanka's central bank has secured foreign exchange to pay for fuel and cooking gas shipments that will ease crippling shortages, its governor said on Thursday, as the prime minister said supplies had been locked in for at least a month.
The Conversation · May 18, 2022 Proof positive. Real wages are shrinking, Wednesday's figures put it beyond doubt Every three months the Bureau of Statistics releases the lesser-known cousin of the consumer price index. It’s called the Wage Price Index (WPI) and it records changes in the overall level of wages, in the same way the price index records changes in the overall level of consumer prices.
Daily Mirror · May 18, 2022 Prescription charges frozen – who pays for medication in England and Wales? Prescription charges in England, which would normally rise with inflation, will be frozen at £9.35 until next year, but who needs to pay for medication in England and Wales?
The Guardian - UK · May 18, 2022 The Bank of England can’t save people from this cost of living crisis – that’s Boris Johnson’s job Faced with the the biggest inflation rise in 40 years, the Bank must do more than berate workers, says Sahil Dutta, lecturer in political economy
Salon · May 18, 2022 Behind the Joe Biden v, Jeff Bezos beef The Bezos-Biden spat comes as the price of food and fuel soars and Amazon workers organize to form a labor union
Benzinga · May 18, 2022 A Peek Into The Markets: US Stock Futures Down Following Tuesday's Rally Pre-open movers
The Independent UK · May 18, 2022 £24,000 annual increase in average UK house price The annual rate of house price growth slowed to 9.8% in March, the Office for National Statistics said.
The Independent UK · May 18, 2022 UK house prices: Will rising interest rates cause a property market crash? House prices jumped 9.9 per cent in the year to March 2022. With interest rates increasing, is a crash on the way?
Wales Online · May 18, 2022 Money Mum blogger shares eight-step plan to save enough for a holiday Gemma Bird says simple hacks can make you enough money for a family break
The Guardian - UK · May 18, 2022 Labour to force vote on emergency budget as UK inflation soars to 9% Shadow chancellor renews call for windfall tax on oil and gas firms to offset cost of living crisis