I see many in Greece will end up living in poverty, with the rest of southern Europe following.” Greek incomes were badly impacted by the 2008 financial crisis and still haven't recovered. While this latest wage increase has been hailed as progress by the conservat...
Life in the cost of living crisisSeveral factors - including the pandemic and Russia's invasion of Ukraine - have driven up inflation, driven down household consumption, and eroded spending power.Monday 1 July 2024 11:30, UK Cost of living ...
CreditSpring estimates that the UK is set to borrow an additional £9 billion on credit cards over the next six months to survive the cost of living crisis. There aren't many tools or services out there that can help in such a situation, and relying on "Spend this % on food/entertain...
The UK cost-of-living increases from 2022 to 2023, referred to as the cost-of-living crisis, has had a sudden and unprecedented impact on students’ ability to cope financially, leading many higher education students to take on work or increase their working or caring hours to make ends mee...
Households in the United Kingdom have experienced a significant fall in living standards since late 2021. As of January 2024, just over half of UK households were still reporting that their cost of living had increased compared with a year earlier. Although this was down from a peak of 91 ...
1 October 2024 Share As the UK continues to grapple with the cost-of-living crisis, new research from contracting and accounting firm,Sapphire, has unveiled a significant shift in contractor priorities. TheContractor Census 2024, which surveyed more than 2,300 contractors across various sectors, re...
The cost of living crisis has made London extremely unaffordable Anonymous on Sep 20, 2023: @ Anonymous on Sep 16, 2023 I am not sure if you actually live in London and whether you know how ridiculously expensive it has become thanks to brexit, pandemic and inflation? How much do ...
London, UK – As inflation rates rise across the globe, the resulting ‘cost-of-living crisis’ is forcing changes in consumer payment habits – with a particular focus on methods that help track spending. That’s according to new research* commissio...
The Cost of Living Crisis (CoLC), a real term reduction in basic income, risks individuals being unable to afford essentials such as heat, food and clothing. The impact of the CoLC is disproportionate – with different population sub-groups more likely to be negatively affected. The objective ...
UK families are facing increased financial pressures as the cost of running household appliances has skyrocketed by 58% over the last 18 months, according to research by consumer champion Which? This comes as a major blow during the ongoing cost of living crisis in the country. ...