Category : Search result: UK economy cost


Brits to be poorer than Turks and Latvians by 2040s

Groundbreaking economic research reveals Britain is on course to be outperformed by Turkey and Latvia within two decades, with the UK facing its worst relative decline in living standards since records began.

MOT Price Shock: New Rules Add £300m to Driver Costs

Millions of UK motorists are set to be hit with a massive £300 million bill as controversial new MOT rules and a 54% fee increase come into force. Critics blast the changes as an unfair 'stealth tax' on drivers already struggling with cost-of-living press

London's inflation crisis defies UK-wide cooling trend

Exclusive analysis reveals London's inflation rate remains significantly higher than the UK national average, creating a severe cost-of-living crisis for the capital's residents despite the Bank of England's efforts.

UK Inflation Plunges to 2.3%, Nearing BoE Target

In a dramatic shift, UK inflation has fallen to its lowest level in nearly three years, hitting 2.3% in April. This brings it tantalisingly close to the Bank of England's 2% target, putting a summer interest rate cut firmly on the table. Discover what thi

Pret Axes Iconic £5.99 Meal Deal in Cost Cutting Move

Pret A Manger has axed its iconic £5.99 'Your Perfect Lunch' meal deal, sparking outrage among loyal customers. The high street chain cites rising costs as the reason for ending the popular lunchtime staple.

UK House Prices Post Sharpest Quarterly Drop Since 2011

Britain's property market faces a severe correction as new data reveals the fastest quarterly house price fall since 2011. With the Bank of England holding interest rates and a critical budget looming, homeowners and buyers brace for further uncertainty.

Reeves Scraps VAT on Energy Bills in Cost-of-Living Move

Chancellor Rachel Reeves makes her first major economic move, scrapping the controversial 5% VAT on household energy bills. The bold intervention aims to slash costs for millions of families and businesses grappling with the ongoing cost-of-living crisis.

Trump Tariff Threat Sparks UK Stagflation Fears

Exclusive analysis reveals how Donald Trump's proposed aggressive tariffs are fuelling fears of a 1970s-style 'stagflation' crisis in Britain, with soaring prices and stalled growth predicted by leading economists.

The Daunting Challenges Awaiting PM Keir Starmer

An in-depth analysis of the monumental challenges – from the economy to public services – that Sir Keir Starmer and his Labour government must confront immediately upon entering Number 10.

Emirates Premium Economy Review: Is The Upgrade Worth It?

Considering an upgrade to Emirates Premium Economy? Our in-depth review breaks down the seats, service, and overall value on the Airbus A380 to help you decide if it's worth the extra cost for your next long-haul flight.

Reeves: Russia's Sanction-Hit Economy is a "Failure"

Shadow Chancellor Rachel Reeves delivers a scathing critique of Russia's economic collapse under sanctions, contrasting it with the UK's resilience and outlining Labour's plan for economic security.

UK Economy Grows 0.4% in May, Exceeding All Forecasts

The UK economy grew by a stronger-than-expected 0.4% in May, according to the Office for National Statistics. Chancellor Rachel Reeves welcomes the data but warns of the 'challenge' inherited from the previous government.

UK Economy Flatlines in July with 0.0% Growth

New official data reveals the UK economy showed zero growth in July 2025, dealing a blow to Chancellor Rachel Reeves's economic strategy and raising fears of a prolonged stagnation.

UK Economy Stalls as July GDP Shows Zero Growth

New ONS data reveals the UK economy showed zero growth in July, with rising inflation and weak consumer confidence putting a brake on recovery. Key sectors like services and production stagnated.

Fed Holds Rates Steady as Inflation Cools

The US Federal Reserve pauses its aggressive rate-hiking campaign, signalling a potential turning point in the battle against inflation. We break down the impact on mortgages, savings, and the global economy.

DWP Sends Vital Cost of Living Letters to Millions

The DWP is dispatching a vital notification to millions regarding the new cost of living payments. Here's what you need to know about eligibility, timelines, and how to spot genuine DWP correspondence.

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