Rachel Reeves blasts Tory "pickpockets" after Jeremy Hunt's Autumn statement.

The British government has unveiled an austerity budget with $65 billion of tax hikes and spending cuts as recession bites.

Demonstrators in several European countries have taken to the streets demanding pay rises and better working conditions.

A new report says more than a third of British pubs and restaurants have shortened their trading hours to keep a lid on soaring energy costs.

Thousands of protestors from across England have converged on London, concerned about the future, amid the cost of living crisis, they are protesting against years of government inaction and a “Broken Britain.”

British nurses have voted for the first time to go on industrial action before Christmas, as increase in the inflation rate has plunged many Brits into dire economic straits.

The Bank of England says the UK is plunging into its longest recession since records began.

The Bank of England is widely expected to hike its key interest rate on Thursday by the biggest amount since 1989.

British Gas warns that the company has about a week's worth of gas left in its storage facilities amid an energy crunch across Europe. 

Over two-thirds of British adults are planning to cut back on festive spending this year due to a worsening cost of living crisis.