Boots freezes prices of 1,500 own-brand products including toothpaste, shampoo, nappies and shower gel until end of the year The retailer has announced the move as the cost of living continues to spiral It has also expanded its range of own-brand products with prices from 40p The ‘newly expanded’ range will offer ‘trusted quality and … Read more
Some schools are replacing hot meals for the most vulnerable pupils with sandwiches amid the cost of living crisis, it has been claimed. Inflation, surging food prices and cuts have led to some head teachers having to find savings at their schools and one of the ways they have cut costs is by offering cheaper … Read more
Mortgage repayments for millions of Australians could rise in less than 45 DAYS as inflation surges RBA boss Philip Lowe said inflation and wage data would be a major focus This could result in record low interest rates being bumped up in mid-2022 The low rates are largely responsible for Australia’s property market bubble By … Read more
‘I skip meals so my children can eat’: NHS nurse and mother-of-three who’s left with just £80 a week after bills says she’s ‘at breaking point’ but has to ‘find a way’ for the sake of her family Rebeccah, from Leicester, is a part-time radiology nurse and a mother of three After paying bills, she … Read more
The prospect of double-digit inflation this autumn, as surging energy and wheat prices force up the cost of living, means that the latest quarter-point hike in the Bank of England’s interest rate to 0.75 per cent will not be the last. So with Putin’s war against Ukraine taking an enormous bite out of Britain and … Read more
Australia’s biggest bank predicts the EXACT month when interest rates rise and mortgage holders will be forced to pay more By Colin Brinsden For Australian Associated Press Published: 03:58 GMT, 15 February 2022 | Updated: 04:05 GMT, 15 February 2022 Economists at the nation’s biggest bank now expect the Reserve Bank of Australia will start … Read more
How inflation is hitting YOUR shopping basket: Cost of a pack of pasta soars by 41 per cent to 72p and tinned tomatoes go up 29 per cent while price of average shopping basket rises by £1.32 Basket of 15 food items typically bought by average family in supermarket rose by £1.32 Study indicates the … Read more
Rishi Sunak today refused to back the Bank of England‘s plea for workers to shun big pay rises despite soaring inflation. The Chancellor said it was ‘not the government’s role’ to get involved in negotiations between companies and employees. The thinly-veiled rebuke to Bank chief Andrew Bailey – who last week urged ‘restraint’ on salary … Read more
Shoppers in Britain have been hit by the highest price rises in nearly a decade after shop inflation almost doubled over the past month, it was revealed today as fears continued to build over the ‘cost of living‘ crisis. Annual shop price inflation jumped from 0.8 per cent in December to 1.5 per cent in … Read more
Households are borrowing more and putting less money into savings, according to Bank of England figures. Some experts pointed to the statistics as evidence of people trying to maintain their lifestyles as their incomes are battered by high Inflation. They also said the figures suggest householders are starting to dip into extra savings built up … Read more