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    Cost of living crisis

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    • Thursday, 23 November, 2023
      Helen Barnard
      Jeremy Hunt has not done nearly enough to alleviate hunger and hardship

      Some of the UK chancellor’s measures are very welcome — but much more needs to be done

      A sign painted on the side of a house directs people to a local food bank in Leeds
    • Thursday, 23 November, 2023
      UK tax
      UK households to be £1,900 poorer by 2025, think-tank says

      Resolution Foundation’s findings lay bare parlous state of living standards underlying Autumn Statement

    • Thursday, 23 November, 2023
      Virgin Money PLC
      Virgin Money profits hit by rising bad loan provisions

      Challenger bank reports drop in earnings as cost of living crisis is set to drive up credit card arrears

      A Virgin Money bank in London
    • Wednesday, 22 November, 2023
      Autumn Statement
      Autumn Statement 2023: Alcohol duty frozen to ‘defend the great British pint’

      Under pressure independent pubs fear rise in minimum wage

    • Wednesday, 22 November, 2023
      Autumn Statement
      UK unfreezes housing benefits as homelessness soars

      Charities and councils welcome the move as a lifeline for some households but say it is not enough

      A pedestrian walks past a tent used as shelter by a homeless person in London this month
    • Wednesday, 22 November, 2023
      James Max
      Rich People’s Problems: The best things in life are anything but free

      So how can you continue to enjoy the luxuries life has to offer?

    • Tuesday, 21 November, 2023
      Rhymer Rigby
      How do the wealthy take a hatchet to their personal spending?

      Belt-tightening is now the norm among the top 1 per cent — and even some of the super-rich are now having to cut back

      Close-up of waiter holding bottle and serving red wine during dinner at luxurious gourmet restaurant
    • Friday, 17 November, 2023
      UK retail sales
      UK retail sales fall to two-year low as inflation-hit consumers cut spending

      Figures contrast with expectations of a rise and send gilt yields lower

      Shoppers on Oxford Street in London
    • Friday, 17 November, 2023
      Low-income borrowers hit hardest by Bank of England rate rises

      Survey finds sharp increase in the number of households in arrears on multiple bills

    • Wednesday, 15 November, 2023
      Energy sector
      UK hands watchdog new powers to force garages to reveal profits

      Measures come after Shell and Moto failed to hand over data on margins

      Drivers seen filling their cars at a Shell petrol station
    • Wednesday, 15 November, 2023
      News in-depthUK inflation
      UK households still under pressure despite lowest inflation in 2 years

      Slower price growth is welcomed by analysts but they warn it is unlikely to equate to a feelgood factor for consumers

      Montage of a graph showing a rising trend and a woman pushing a supermarket trolley
    • Tuesday, 14 November, 2023
      FT Financial Literacy and Inclusion Campaign
      Record number of UK households seek help with cost-of-living issues

      Latest Citizens Advice data shows mounting crisis heading into winter as voluntary sector warns it will struggle to cope

    • Thursday, 9 November, 2023
      Competition & Markets Authority
      Price drops at UK petrol pumps not keeping pace with wholesale costs

      Competition and Markets Authority says ‘drivers are feeling the pain again’

    • Thursday, 9 November, 2023
      UK tax
      HMRC faces rising demand as more savers are forced into tax net

      UK authority warns of additional costs following concerns it could be swamped by inquiries

      An HM Revenues & Customs letterhead surrounded by new £1 coins and a £5 note
    • Thursday, 9 November, 2023
      UK public policy
      Tory MPs warn Jeremy Hunt against squeezing benefits to fund tax cuts

      Influential Conservative figures say savings should not be driven by real-terms reductions to benefits for poorest

      People walk on a pavement on a housing estate in Merthyr Tydfil, South Wales
    • Tuesday, 7 November, 2023
      UK inflation
      UK grocery inflation falls to single digits for first time in 16 months, data shows

      Kantar’s figures suggest official statistics will be lower when published next week

      A customer shops for bread at Sainsbury’s supermarket in London
    • Friday, 3 November, 2023
      Personal Finance
      Divorce in the cost of living crisis: give us your views

      Have you delayed a split because of the effect on your finances?

      Bride and groom figurines on top of a split wedding cake
    • Wednesday, 1 November, 2023
      Datawatch
      Women at the sharp end of the rental crisis

      A lack of affordable housing means the most vulnerable simply cannot rent in some parts of the UK

      montage of images. A women’s outstretched hand holding a house against a background of barchart lines
    • Wednesday, 1 November, 2023
      Virgin Media O2
      Virgin Media O2 cuts revenue guidance as consumers curb spending

      UK telecoms group warns customers are less willing to upgrade or buy new phones

      A Virgin Media O2 montage
    • Tuesday, 31 October, 2023
      English councils warn of soaring cost of preventing homelessness

      UK chancellor urged to provide extra funding to prevent outlay on temporary accommodation from overwhelming budgets

      A man sleeping rough in London
    • Tuesday, 31 October, 2023
      UK economy
      Company insolvencies in England and Wales at highest level since 2009

      Increase in liquidations driven by high borrowing costs and slowing demand, says government agency

      The Bank of England
    • Monday, 30 October, 2023
      German economy
      German inflation drops to 28-month low as prices slow across Europe

      Price growth in largest EU economy lower than expected at 3% but output shrank in third quarter

      A man working in an electric vehicle battery plant in Germany
    • Monday, 23 October, 2023
      Minimum-Living wage
      UK ‘real living wage’ to jump to £12 an hour in 2024

      Double digit pay increase will directly benefit about 460,000 people at 14,000 employers

    • Monday, 23 October, 2023
      UK property
      London tenants pay out 35% of income on rent

      Figure for the capital is highest in the country and compares with England-wide average of 26%, official data shows

      Homes available to rent in London
    • Thursday, 19 October, 2023
      UK economy
      UK consumer confidence plunges amid higher mortgage and rental costs

      Survey for October registers biggest month-on-month drop since March 2020

      Shoppers make their way to Stratford station in London
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