Gas from Norway
Gas supplies from Norway to the UK could be halted over the weekend if a strike by employees of Norwegian company Equinor (formerly Statoil), which began on Tuesday night, contin...
Cars in the United Kingdom
Vehicle production in the United Kingdom rose by 13.3% to 62,284 units in May compared with the same month last year. It was the first increase in car output in 10 months, data&...
Petrol prices
Defence Secretary Ben Wallace gave hope to motorists uncomfortable with rising fuel prices on Wednesday when he said fuel costs may have peaked.
Petrol and diesel prices have jumped to record levels and the cost of filling up the aver...
British shoppers are angry
Shop staff in the UK are increasingly facing hostility from shoppers due to a significant rise in the cost of living. This was reported on Tuesday by The Guardian newspaper, citing a report by the Institute ...
Inflation is forcing people to save money
Growth in UK property prices for sale has fallen markedly this year. According to the Rightmove website, this is due to pressure on buyers due to rising living costs and the prospect of rising interest rates...
Fuel price rises and GDP falls
UK GDP fell by 0.3 per cent in April 2022 on the back of rising energy prices. This is according to data released by the Office for National Statistics on Monday.
The figure was worse than most eco...
UK economy
The British government's response to the country's difficult economic situation will be to cut taxes, reduce the number of officials and expand housing stock. British Prime Minister Boris Johnson said this on Thursday during a speech in B...
Historic high
The average cost of petrol in the UK has surpassed the £1,785 per litre mark, the highest in the country's statistical history. This was reported on Tuesday by the TV channel Sky News, citing industry research.
Thus, a litre of ...
Plan for winter
The rolling blackouts could affect up to 6 million British households from December if the crisis in the European energy market continues to deepen.
As The Times points out, such a situation could arise if the conflic...
Economic crisis
Hundreds of sports and swimming complexes and gyms across the UK could close in the near future as the energy crisis escalates amid anti-Russian sanctions. This was reported by the Financial Times on Friday.
It is noted that in the ...
Food price rises
The UK is not ready for a significant increase in food prices and disruptions in the supply of a number of goods that may arise due to the conflict in Ukraine. Ian Wright, head of the UK cabinet's advisory council, said this in an i...
Families in the UK have a fuel problem
The proportion of British households facing the fuel poverty phenomenon could double from 20% to 40% by October. Michael Monroe Lewis, chief executive of the UK branch of Germ...
The governor of the Bank of England has warned of "apocalyptic" food prices, saying he feels "helpless" amid soaring inflation.
Andrew Bailey hit back at criticism that the Bank acted too slowly to tackle inflation, blaming a "bad situation" on...
NHS prescription charges in England are to be frozen as pressure mounts on ministers to ease the cost of living crisis following the recent Tory bruising at the polls.
Health Secretary Sajid Javid said the levy, which normally rises in lin...
Online tech giants will have to abide by new rules aimed at making sure they pay a fair price for news content under plans announced by Boris Johnson’s government.
The Digital Markets Unit (DMU) will bring in a new code of conduct ai...
Surging house prices have pushed more than four million homes into higher stamp duty or equivalent tax brackets during the coronavirus pandemic, according to estimates from a website.
Across the UK, 4.3 million homes have been pushed into a higher b...
The cost of household goods such as toys, furniture and clothing is rising by the fastest rate in more than 15 years as the impact of the war in Ukraine combines with Covid lockdowns in China.
Non-food inflation accelerated to 2.2% in April, up from...
The British pound rose on Tuesday, moving away from 21-month lows against the dollar as traders took profits on the recent surge in the U.S. currency ahead of both Federal Reserve and Bank of England monetary policy meetings this week.
The Bank of E...
UK Chancellor of the Exchequer Rishi Sunak has hinted there could be further help for families struggling with soaring energy bills in the autumn.
In a wide-ranging interview with Mumsnet founder Justine Roberts, in which she put questions from the ...
Interest payments on the national debt rose to their highest level ever last year, as the UK’s public finances reel from the huge cost of the pandemic.
The government’s statistics department said the debt pile stood at £2.3tn...
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