OECD inflation scales to 25-year high as cost of living crisis sweeps across rich nations January 11, 2022 Inflation among the world’s top economies has soared to its highest level in 25 years, according to fresh figures released yesterday. The cost of living scaled to 5.8 per cent in November on an annual basis across countries that make up the Organisations for Economic Co-operation and Development (OECD). Inflation was driven higher by a [...]
Expect no help: Boris Johnson warns any state support to fight cost of living crisis merely pushes up inflation even further May 3, 2022 Prime Minister Boris Johnson insisted this morning his Government is doing “everything we can” to help with the cost-of-living crisis. However, Johnson hinted there is only so much he can do because, in an interview on ITV’s Good Morning Britain, the Prime Minister warned that increasing state support beyond its current levels could drive inflation [...]
M&C Saatchi has “much more to do” ahead of new CEO arrival April 10, 2024 Advertising agency M&C Saatchi said profit fell during the 12 months of last year, as client marketing budgets were squeezed amid the cost of living crisis.
MPs and peers urge Boris Johnson to scrap taxes on energy bills to reduce cost of living crisis January 2, 2022 Twenty Tory MPs and peers have called for the Prime Minister to scrap VAT and environmental levies on energy bills to ease the cost of living crisis.
Vianet slashes debt as demand for customer data continues to rise June 11, 2024 Drinks and vending data specialist Vianet is continuing to claw its way out of debt following substantial disruption to its market during the Covid-19 pandemic and into the cost of living crisis.
Customers’ own brand switch slows sales growth at Victorian Plumbing February 27, 2024 Customers switching to own brand products because of the cost-of-living crisis impacted sales at Victorian Plumbing during the first part of its financial year, according to new figures.
Debt charity calls for better support ahead of Autumn statement November 8, 2023 Debt charity Stepchange has called on the government to boost support for vulnerable households ahead of the Autumn statement as the cost of living crisis continues to crimp people's budgets.
Supercar demand to keep Ferrari in the fast lane despite ‘softer’ third quarter October 29, 2023 Investors await Ferrari's third quarter results this Thursday to see if the Italian supercar maker can continue its impressive growth amid a cost of living crisis.
Fragrance Direct predicts return to growth after ‘challenging year’ January 15, 2024 Fragrance Direct has said it expects its performance to improve over the coming months after blaming its fall in sales on a number of factors including the cost-of-living crisis.
Gordon Brown joins 50 charities urging action on cost of living crisis, u-turn on ‘unthinkable’ below-inflation benefit rise March 17, 2022 Former Prime Minister Gordon Brown joined around 50 charities urging the government to urgently address the cost of living crisis, and change its mind on a below-inflation benefits rise. Pressure was growing on ministers this week not to go ahead with the rise of 3.1 per cent in the Spring statement, as inflation is set [...]