CMA fires warning shot at cost of living cartelists May 11, 2022 Cartelists that treat the cost of living crunch as an excuse for anti-competitive collusion will face the firm hand of the regulator, the UK’s competition watchdog warned today.
ULEZ expansion ‘not the answer’: Rebel boroughs Harrow and Bromley warn Khan of impact on ‘poorest and vulnerable’ February 7, 2023 Harrow and Bromley councils have responded to a letter from Sadiq Khan over the expansion of ULEZ, warning of its impact on the poorest. Harrow councillor Paul Osborn wrote to Khan earlier this week, reiterating that the expansion of the ultra-low emission zone (ULEZ) to include the whole of Greater London was “not the answer” [...]
Whether it’s Shein or Vinted, we’re addicted to buying clothes for pennies November 30, 2023 Business is booming for both Shein and secondhand retailers. The link? We're addicted to buying clothes for nothing, writes Anna Moloney.
First national rail strike since 1995 looms as union ballots members at 10 different train firms July 5, 2022 The country will be brought to an unprecedented standstill if train drivers vote for their first national strike since 1995. Aslef union members are to be balloted over industrial action at 10 different train firms across the country. It was also reported there was similar action proposed by the TSSA union, which represents station and [...]
Liz Truss or Rishi Sunak face once in a century living standards crisis September 1, 2022 Liz Truss or Rishi Sunak are set to oversee the steepest fall in living standards in a century after one of them enters Number 10 next Monday, a fresh report published today reveals. Brits are on course to be £3,000 worse off by the end of 2024 as soaring energy bills and inflation eat into [...]
Bank of England’s interest rate rise at noon: Brokers and agents across the City give their two cents August 4, 2022 The governor of the Bank of England, Andrew Bailey, and the rest of the monetary policy committee will hike interest rates 50 basis points today at 12pm. The main reason? Living costs are up 9.4 per cent over the last year, crimping households and businesses and threatening to plunge the UK economy into recession. Energy [...]
Broadband giants told to do more as eight million homes struggle to pay bills September 29, 2022 The media regulator has called on broadband firms to do more to help struggling households, as more than eight million homes struggle to pay their bills. According to a new Ofcom study, nearly a third (29 per cent) of customers are having problems paying for their phone, broadband, pay-TV and streaming bills, doubling since 2021 to the highest figure [...]
Heathrow assures Border Force strikes won’t impact travellers as activity falls December 12, 2022 Heathrow has assured travellers that their journeys will be unaffected by Border Force strikes, as the number of people using the airport falls. Last week, Border Force staff working at several UK airports agreed to strike over the Christmas period in a long-standing dispute over jobs and pay. Members of the union PCS will walk [...]
Labour shadow transport minister defies party and joins striking train workers July 27, 2022 Labour’s shadow minister for buses and local transport has defied Keir Starmer’s orders not to join picket lines for striking workers. Sam Tarry justified his decision speaking on Good Morning Britain this morning, saying: “If we don’t make a stand today, people’s lives could be lost.” This comes after Labour leader Sir Keir Starmer, who [...]
Britain hurtling toward long economic slump and record living standards squeeze September 6, 2022 Britain is sinking into a long economic slump that will deal the biggest hit to household finances on record, a new report released today shows. A historic inflation surge led by sky-high energy bills is set to tip the country into a recession this year, wiping off £2,000 of Brits’ real take home pay, according [...]