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ECONOMYONE YEAR AGO
Consumer group: UK food prices up by as much as 175%, govt. action needed
A UK consumer group warns the authorities against the exponential rise of the prices of food items over the past two years.
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IN-DEPTHONE YEAR AGO
Food poverty raging in the UK
A study reveals that 14% of all UK adults or their households experienced food insecurity in the 12 months leading to mid 2022, affecting an estimated 11.3 million people.
Food Poverty
ECONOMYONE YEAR AGO
UK inflation fails to fall, turns up heat on BoE
British inflation defied expectations of a slowdown to hold at 8.7% in May, putting yet more pressure on the Bank of England.
UK
IN-DEPTHONE YEAR AGO
Miserable State of UK Homeownership, Eurozone stagflation
Britons are struggling to make ever increasing mortgage repayments due to a rise in benchmark borrowing costs which has pushed up monthly mortgage payments, while the Eurozone suffers stagflation.
Mortgage Rate
IN-DEPTHONE YEAR AGO
The paltry Pound, post Brexit
The UK has the highest food inflation rate in the industrialized world, with Brexit, which has brought about extra barriers on food imports from the European Union, identified as one of the major causes.
The Pound
ECONOMYONE YEAR AGO
UK’s Jeremy Hunt ready to risk recession to bring inflation down
The UK Chancellor of the Exchequer has said that he is prepared to accept a recession if it brings down inflation.
Jeremy Hunt
IN-DEPTH2 YEARS AGO
Right to strike in Britain to be restricted
The British government has introduced legislation that makes it difficult for unions to hold further strikes.
British Strikers
ECONOMY2 YEARS AGO
UK junior doctors plan more strikes as talks for better pay fail
England's junior doctors are planning to stage more strikes after negotiations over a pay rise with the government collapse.
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ECONOMY2 YEARS AGO
UK unemployment rises higher amid skyrocketing inflation
UK's unemployment rate has increased over the first three months of the year as high inflation puts pressure on the labor market, according to the National Bureau of Statistics.
ECONOMY2 YEARS AGO
Report: 1.6 million UK households facing mortgage cost surge
A British think tank warns that nearly 1.6 million British household are yet to see the 2,300-pound hike in payments after the mortgage rate surge.
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