CEO Pay Rises 20 Times Faster Than Worker Wages in 2025, Oxfam Finds
Oxfam report finds CEO pay rose 20 times faster than worker wages in 2025, with real wages falling 12% since 2019 and billionaires earning $2,500 per second in dividends.
Category : Inflation
UK Food Prices Set to Rise 50% Since Cost of Living Crisis
UK food prices could rise 50% since 2021 due to climate and energy shocks, with beef and olive oil costs surging, says ECIU research.
Savers Lose Hundreds Yearly From Inflation Error
Brits lose hundreds yearly by keeping savings in low-interest accounts that fail to beat inflation, new data shows.
US Inflation Hits 40-Year High Driven by Energy and Food Costs
US inflation hits 8.6% in May, highest since 1981, driven by energy and food costs amid Ukraine war and supply-chain issues.
BoE Holds Rates at 3.75% After Inflation Data
The Bank of England is expected to hold interest rates at 3.75% after inflation stayed at 2.8% in May, lower than expected, and amid hopes of a US-Iran peace deal.
Weight Loss Jabs Could Push Meat Prices Up By 20%
Research shows weight loss jabs could increase meat prices by 20% as demand for high-protein foods surges among GLP-1 users.
UK Inflation Holds at 2.8% as Food Price Rise Slows
UK inflation unexpectedly remained at 2.8% in May, as rising energy costs from the Iran conflict were offset by slower food price increases, easing pressure on the Bank of England.
Bank of England Forced to Intervene After Mini-Budget Sparked £50bn Fire Sale Fears
Bank of England forced to intervene after mini-Budget sparked £50bn fire sale fears, preventing pension fund collapse.
UK Inflation Steady at 2.8% in May
UK inflation unexpectedly remained at 2.8% in May, defying predictions of a rise to 3%. Food price slowdown offset higher airfares and fuel costs, easing Iran war effect concerns.
UK Inflation Holds at 2.8% in May, Defying Expectations
UK inflation unexpectedly remained at 2.8% in May, defying forecasts of a rise to 3%, as lower food prices offset higher airfares and fuel costs.
Food Inflation to Last Until 2028: Families Face £207 Extra
Food inflation will persist into 2028, with families needing an extra £203 this year and £207 next year. IGD forecasts peak inflation of 4.7% in 2026, driven by energy and geopolitical pressures.
Two-Thirds of Americans Fear Running Out of Money More Than Death
Allianz study finds 67% of Americans fear going broke more than death, driven by inflation and healthcare costs.
UK Households Face Renewed Budget Squeeze as Inflation Forecasts Soar
UK employment rises but pay growth lags inflation, squeezing household budgets as taxes and spending cuts loom.
Tesco Sales Surge Raises Questions About Recession's End
Tesco reports best sales in three years, raising questions about recession's end, but concerns over debt and future spending persist.
Half a Million Australians Had Welfare Payments Suspended
Over 500,000 Australians had welfare payments suspended for not meeting job-seeking rules. Political pressure mounts to increase Newstart allowance.
UK Inflation Eases to 3.6% in October, Boosting Hopes of Interest Rate Cut
UK inflation fell to 3.6% in October, first drop in five months, boosting hopes of a December interest rate cut ahead of the budget.
Hamburger Helper Sales Surge as US Inflation Squeezes Household Budgets
Hamburger Helper sales surge 14.5% as US inflation drives consumers to budget-friendly pantry staples amid economic strain.
Middle Class Squeeze Spending as Credit Card Debt Rises, Fed Says
Federal Reserve report warns middle-class Americans are squeezing spending as credit card debt rises, with low-income households under greater strain amid affordability crisis.
UK Inflation Rises to 3.4% in December, First Increase in Five Months
UK inflation rose to 3.4% in December, driven by air fares and tobacco, but analysts see it as temporary. Bank of England rate cut unlikely in February.
Martin Lewis urges married couples to claim £1,000 marriage tax allowance
Martin Lewis explains how married couples can claim marriage tax allowance for up to four years, potentially receiving £1,000 before the 5 April deadline.
Martin Lewis Urges Labour to Address Four Key Tax and Benefits Issues
Martin Lewis writes to Chancellor Rachel Reeves urging urgent changes to Child Benefit, Carer's Allowance, Lifetime ISA, and Tax-Free Childcare.
Reeves cuts VAT on summer attractions to 5% for families
Chancellor Rachel Reeves cuts VAT to 5% on summer attractions and free bus rides for under-16s, funded by tax rises on oil firms.
Trump Labels Affordability A Democrat Scam In Cabinet Meeting
Trump says he's 'right about everything' and calls affordability a 'Democrat scam' during final cabinet meeting of the year.
Middle East Conflict Drives Oil Price Surge, Threatens Inflation
Oil prices surge 8.5% as US-Iran conflict escalates, threatening inflation and interest rate cuts in the UK and globally.
US Consumer Sentiment Rises in June on Cheaper Gas
Easing gas prices boost US consumer sentiment in June, but levels remain historically low amid Iran conflict and rising inflation, according to University of Michigan survey.
Trump Attacks Schiff Amid Epstein and Inflation Woes
Trump attacks Schiff over mortgage claims as Epstein scandal and inflation crisis deepen, seeking to distract his base.
Trump Blamed for UK Inflation in New Poll
New poll finds 6 in 10 Americans blame Trump for rising cost of living, with widespread concern over tariffs and economic recession.
Five Solutions to Australia's Housing Crisis, According to David Koch
David Koch proposes five solutions to Australia's housing crisis, including negative gearing reform and medium-density housing.
Man Utd Target Ederson Faces Shirt Number Dilemma Ahead of Move
Manchester United are close to signing Atalanta midfielder Ederson, but he may not get his preferred shirt number at Old Trafford.
Euro 2016 Panini Stickers: Nostalgia for Older Collectors
Euro 2016 Panini stickers attract older collectors seeking nostalgia, with workplaces and apps replacing playground swaps.
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