Food prices in the UK have been rising at an alarming rate, with the cost of basic essentials adding to the pressure from sky-high energy bills amid the cost-of-living crisis. …
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U.K. Rejects IMF’s Grim Forecast Amid More Banking Turmoil
The International Monetary Fund (IMF) has slashed its global economic growth forecast, warning that the world economy is headed for its weakest expansion since 1990. According to the latest World …
Gripped by Stubborn Inflation, More Brits Opt to Entertain at Home
From groceries to housing, everything seems to be getting more expensive. According to the Office for National Statistics, the UK’s inflation rate remained high in March, with the Consumer Prices …
Inflation Outlook: What Consumers Need to Know
With inflation affecting everything from potato chips to household appliances, it seems every single thing we buy is higher than ever before, and consumers across the globe are having to …
Rising Inflation, Wage Growth Signal Possible Triple Lock Rate Increase for U.K. Pensioners
Inflation-U.K. pensioners anxiously awaiting to see if the government’s promise to reinstate the ‘triple lock’ on annual increases may not have to wait much longer. One component of the state …
U.K. Inflation, Rising Energy Costs, Mean ‘Staycation’ for Most Pensioners
Retirees will not be able to afford those long, luxurious holiday trips around the warm seas of the Mediterranean any time soon according to the latest numbers by the Office …