Tag: Cost of Living
Bank of England economist calls for ‘more cautious’ interest rate cuts amid inflation fear
Huw Pill, chief economist at the Bank, emphasised the importance of policymakers avoiding slashing interest rates “too far or too fast”. …
Households handed free £130 payment in October and November
The free payment will be issued over a two week period from late October. …
UK economy slows down as buyers brace for Rachel Reeves’s nightmare Budget
Nearly half of UK adults say they have adjusted their spending ahead of the Chancellor’s Budget in November. …
Key update in personal tax threshold rise to £20,000 Rachel Reeves call as landmark near
Pressure is growing on Chancellor Rachel Reeves to tackle issue in Budget after repeated campaigns …
Households handed £190 cost-of-living payment for Asda, Tesco, Aldi and M&S
Eligible households will get £190 to spend across nine major supermarkets, including Aldi, Tesco and Marks and Spencer …
Households handed £120 cost of living payment from next week
Eligible households will receive a £120 cash boost to help with energy and food costs. …
Octopus to offer customers bill support ‘directly in energy accounts within days’
The energy giant has added millions more pounds to its financial support fund for this winter. …
UK shop price inflation hits 1.4% as Rachel Reeves’ Budget drives up costs
British households “bear the consequences” of Rachel Reeves’s Budget decisions. …
Chancellor Rachel Reeves gives update on income tax threshold £50,270 ahead of Budget
The lowest personal tax allowance has remained frozen at £12,570 since 2021 – a situation which has been branded as ‘ridiculous’ …
Alert to state pensioners as retired Brits around £600 ‘worse off’
New data shows that pensioners have suffered from having less disposable income in recent years. …
