Browsing: cost of living

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.