Anger is growing at the government’s failure to engage in talks to avoid the UK’s biggest rail strikes in three decades. Transport secretary Grant Shapps is insistent that it is not the role of the government to negotiate rail workers’ pay and working conditions with unions. Shapps dismissed claims the government wants the strikes to […]
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The UK will have the weakest economic growth of all developed countries – except sanction hit Russia – next year, according to a new report by the OECD. Despite Boris Johnson claims about the UK economy, the organisation for Economic Co-operation and Development (OECD) predicts a dire 2023 for Britain with no gross domestic product […]
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Airline bosses have hit back at transport secretary Grant Shapps for blaming them for the travel chaos saying government ministers have “scant” understanding about how their industry actually works. Shapps has accused airlines of “seriously” overselling flights they knew they would need to cancel, blaming the aviation sector for the chaos at UK airports and […]
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Rishi Sunak has emphatically denied the timing of his £15 billion emergency package to help households battling with the cost of living crisis has anything to do with yesterday’s publication of the Sue Gray report. The chancellor insisted the timing of today’s (May 26) announcement “is because we now have more clarity about what is […]
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The boss of energy giant E.ON has warned that four-in-ten households in the UK are facing fuel poverty if the government fails to act in the face of soaring energy bills. Michael Lewis, the CEO of E.ON UK told the BBC the government must intervene immediately with around 12.5% of its customers already struggling to […]
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Rishi Sunak appears to be warming to the idea of a windfall tax. Previously, he and the Prime Minister had rejected the idea of introducing such a tax, fearing it may repel investment and reduce dividends on pension funds. But escalating living costs, the urgent need to support struggling households, and insufficient investment on the […]
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UK interest rates have risen to 1% – their highest level for 13 years – with the Bank of England (BoE) warning the economy will slip into recession this year as experts predict inflation will go above 10%. The bank’s grim forecast hit the value of the pound which slumped to a two-year low, losing […]
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UK supermarkets are rationing cooking oil due to supply-chain problems caused by the war in Ukraine, the world’s biggest supplier of sunflower oil. The British Retail Consortium said restricting supplies is a temporary measure with the rationing introduced to ensure there is availability for everyone. Demand on limited supplies is pushing prices higher with an […]
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As Martin Lewis warns of imminent ‘civil unrest’ in the UK from the worsening cost of living crisis, state pensions and benefits rise by less than half of the rate of inflation – which is predicted to hit 8.4% later this year. Monday’s (April 11) 3.1% rise for state pensions and benefits makes the value […]
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The government’s long awaited Energy Security Strategy for the UK has finally been published – and immediately condemned for ignoring energy efficiencies and offering no help to deal with rising prices now. Despite energy efficiencies – such as insulating homes – being hailed as “a silver bullet” for the UK’s energy conundrum, the government’s strategy […]
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