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‘Significant numbers of older people are already struggling’ with cost of living as food prices rise by 30%

Supermarkets have put the price of food up by 30% as Tesco, Asda, Sainsbury’s, Morrisons and Aldi increased the cost of more than 100 value range items in their stores.… The post ‘Significant numbers of older people are already struggling’ with cost of living as food prices rise by 30% appeared first on London Business…

Ukraine war is pushing the price of chicken feed to ‘record levels’ creating soaring egg prices leaving many farmers forced to quit

A key ingredient for chicken feed is pushing up the cost for farmers to “record levels” leaving many unable to meet production costs with few just about breaking even. The… The post Ukraine war is pushing the price of chicken feed to ‘record levels’ creating soaring egg prices leaving many farmers forced to quit appeared…

Ipsos poll of 11 countries shows a quarter are struggling financially and public expectations are for further inflation and price rises

New Ipsos poll of 11 countries shows a quarter are struggling financially and public expectations are for further inflation and price rises over 2022 – but it may be worse… The post Ipsos poll of 11 countries shows a quarter are struggling financially and public expectations are for further inflation and price rises appeared first…

Moscow plots to take over factories as the ‘current economic market system is unfit to meet the needs of our armed forces’

Moscow are planning to take over factories and other businesses as it would be better for the Russian economy as “current economic market system is unfit to meet the needs… The post Moscow plots to take over factories as the ‘current economic market system is unfit to meet the needs of our armed forces’ appeared…

Expert warns 37% of transport and warehousing companies up their rates which will lead to higher retail prices for millions of families

The latest Office for National Statistics (ONS) Business Insights report shows transport and storage companies were forced to pass on higher costs to their customers in April. The home delivery… The post Expert warns 37% of transport and warehousing companies up their rates which will lead to higher retail prices for millions of families appeared…

Workers’ pay rise expectations are riding high, as the cost of living crisis starts to bite

Workers have high expectations of being given a pay rise and are ready to push their employers to get it, as the cost of living rises sharply for many, reveals… The post Workers’ pay rise expectations are riding high, as the cost of living crisis starts to bite appeared first on London Business News |…

Cost of living crisis: MPs urged to ban ads for high cost debt

A high profile entrepreneur and FIRE campaigner who successfully fought the banks in court is now campaigning for major legal changes to the way finance is sold An entrepreneur who… The post Cost of living crisis: MPs urged to ban ads for high cost debt appeared first on London Business News | Londonlovesbusiness.com.

Brexit is costing the UK £9bn a year meaning there is £173m a week less to spend on the NHS

Remember the Brexit bus promise: ‘We send the EU £350 million a week. Let’s fund our NHS instead. Vote leave’? The truth is that quitting the European Union (EU) means… The post Brexit is costing the UK £9bn a year meaning there is £173m a week less to spend on the NHS appeared first on…

MPC expected to increase Bank Rate to 1.0% in May despite recessionary concerns over tighter policy

It is still widely expected that the MPC will raise the Bank Rate (from 0.75% to 1.0%) at its May meeting (announcement 5 May). However, the minutes of the March… The post MPC expected to increase Bank Rate to 1.0% in May despite recessionary concerns over tighter policy appeared first on London Business News |…

The Chancellor could immediately help the cost-of-living crisis with a Budget

The Chancellor could immediately help the cost-of-living crisis with some quick fixes and a budget say leading tax and advisory firm Blick Rothenberg. Robert Pullen a partner at the firm… The post The Chancellor could immediately help the cost-of-living crisis with a Budget appeared first on London Business News | Londonlovesbusiness.com.

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