Levels of fraud and error in benefit expenditure are unacceptably high say MP’s

A report out today claims that “levels of fraud and error in benefit expenditure are unacceptably high”, with the Department for Work & Pensions...

Shoppers turning to discount stores as grocery inflation reaches new high

The UK's grocery inflation hit 14.7% in October, another new record, and it is still too early to call the ceiling according to a...

One in six UK adults have no savings

ine million people across the UK have no savings and another five million have less than £100, according to new research from the Money...

Three Bank Holidays next May as Britains given extra day off to celebrate Coronation

The country is to get an extra Bank Holiday next May to celebrate the coronation of King Charles III The bank holiday will fall on...

Report warns that an additional 400,000 people pulled into poverty by mortgage rates of...

An additional 120,000 households, or 400,000 people will be pulled into poverty over the coming year due to rises in mortgage rates according to...

Good inflation reaches record levels in October

Food inflation accelerated strongly to 11.6% in October, up from 10.6% in September. This is above the 3-month average rate of 9.7%. This is...

National Grid announces £50 million energy support fund for this winter and next

National Grid has today launched a £50 million support fund to help alleviate financial distress caused by rising energy costs. Over the next two...

More than a third of the UK’s hospitality sector is at risk of business...

More than a third of the UK’s hospitality sector is at risk of business failure in early 2023 due to the cost of doing...

Economic blue print could give an alternative to an austerity budget says Think Tank

A blueprint for a sensible fiscal plan which could stabilise the economy, secure public services, and begin to improve the long-term health of the...

Permacrisis is the word of the year

Permacrisis’, a term that describes ‘an extended period of instability and insecurity’, has been named Collins Word of the Year 2022. It is one of...