A government support scheme, set to be announced later, could help businesses cut their energy bills by a third.
Browsing: cost of living
The Guardian says Falling petrol prices pushed Britain’s inflation rate back below 10% in August in the first easing of upward pressure on the cost of living in almost a year.
PM Liz Truss will unveil her plans to help the public amid soaring energy prices. The government plans are expected to limit energy bill rises, spending billions to protect people from rising prices.
Monday’s front pages are leading on the presumption that Liz Truss will become the country’s next prime minister – expected to be announced at 12:30 BST.
French MPs approve 20 billion-euro package to help with soaring inflation as households struggle to cope with rising energy and food prices.
Sri Lanka President to resign amid protests and a storming of the official residence of the PM and president over the economic crisis.
The 4 key events that saw Boris Johnson’s government fall It’s now been confirmed by No 10 that prime minister Boris Johnson will make a…
The Independent says MILLIONS are believed to be behind on household bills as the rising cost of living crisis puts pressure on budgets.
The PM will face Labour’s Sir Keir Starmer for this week’s Prime Minister’s Questions – the first questioning since the UK’s biggest strikes in 30 years started.
The Guardian says BRITAIN’S cost of living crisis is being made worse by Brexit dragging down the country’s growth potential and costing workers hundreds of pounds a year in lost pay, new research claims.
The Independent says real pay has fallen at a record rate, with public sector workers seeing a particularly big hit to their earnings while bankers toasted “extremely high” bonuses, official figures show.
The Sun says MONEY saving expert Martin Lewis has revealed the top ways you can find the cheapest petrol – and there’s a useful free tool.
The Guardian says The UK economy unexpectedly shrank in April as soaring energy costs and supply chain disruption dragged down manufacturing amid the cost of living crisis, while the winding-down of the NHS test-and-trace service dragged on growth.
The Independent says care workers are calling in sick because they cannot afford fuel to drive their cars to look after people in their homes, a union leader has said.
Sky News says the cost of filling the average family car with petrol is tipped to exceed £100 for the first time, when industry figures are released later on Thursday.
The Independent says the cost of filling up a typical family car with petrol could exceed £100 as soon as Thursday, according to the RAC motoring group.
The Independent says Labour has warned of a “cost of living tsunami” as families face price rises of up to 50 per cent on everyday grocery items.
Sky News says Rishi Sunak is expected to bow to pressure to impose a windfall tax on energy companies when he sets out the government’s latest plan to tackle the cost of living crisis later.
The Guardian says cabinet ministers are frustrated that a “mano a mano” standoff between Boris Johnson and Rishi Sunak is holding up measures to help people through the cost of living crisis.
A handful of millionaires attendees gathered in Davos are calling on world leaders to push tax up higher for wealthy people (like themselves) to tackle the cost of living crisis.
The Guardian says Boris Johnson hopes to blunt calls for urgent action on the cost of living crisis by stressing that work is the best route out of poverty, as an energy firm boss warned that 40% of households could soon be in fuel poverty.
The Independent says the UK is unprepared for huge food price hikes and shortages of essential goods that will be triggered by the Ukraine war, the head of a government advisory body fears.
The Guardian says consumer confidence in the UK has fallen to the lowest level since records began in 1974 amid growing concern over the cost of living crisis.
The Independent says a policing minister has rejected a suggestion from the HM chief inspector of constabulary that officers should use “discretion” when deciding whether to prosecute desperate shoppers during the cost-of-living crisis.
The Metro says Tory MPs have voted down plans to trigger an emergency budget despite the worsening cost of living crisis.