TagCost of living

Cost of Living: Real wages may begin increasing ‘shortly, experts predict

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The past year has been characterized by a wing boom and a record drop in living quality that will have many people crying out for some good news.Britain is still amid a living crisis, with wages failing to retain up with the price of everyday necessities– but experts have suggested a change could be on the horizon.A new analysis of the labour retail by the Office for National Statistics...

Staff at North East gaming studio Double Eleven get £2,500 pay boost amid rising cost of living

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A fast growing games design business has surprised its staff with a permanent £2,500 pay rise saying it felt the need to ” step in” and support team members facing the rising cost of living. Middlesbrough’s Double Eleven, which has worked on high profile games such as Minecraft and Lego Harry Potter, said it has had an amazing response from its staff, and the move has instigated...

Can I get a cost of living payment of £650? Here is a complete list of those who are eligible for benefits today

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Millions on Universal Credit and other benefits are among the most hard-up who will get a £650 one-off payment. Everyone on means-tested benefits will get the cash as part of a package of plans announced by the government. That means those on Universal Credit and legacy benefits like tax credits will get the help. The lowest income pensioners will also get the help, on top of a separate £300...

Cost of living crisis sees South West confidence hit two-year low

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South West business confidence has hit lows not seen since the start of the first national Covid lockdown according to a new report, with firms indicating they have been impacted by the cost of living crisis. The region’s private sector saw a further slowdown in business activity last month, the latest NatWest PMI found, with the weakest increase in output since March 2021. The softer rise...

Cost of living: Scottish Power chief warns Rishi Sunak’s energy price crisis will be “really horrible” without urgent action

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The energy price crisis in the UK will be “really terrible”, as 40% of people will be in fuel poverty if Rishi Sunk is taking urgent actionwarned the boss of one of the UK’s largest suppliers. Scottish Power CEO Keith Anderson said the chancellor needed to act urgently and be “more radical” to limit the effects of rising gas and electricity prices. Mr Anderson told MPs that Scottish Power had...

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