Companies have been told by the Government’s Insolvency Service to consider the impact of rising prices and its effect on household incomes -meaning debts could be written off or repayments halved. Read More
Category: Inflation
How can you cope with the cost-of-living crisis?
Many are feeling the impact of the increasing cost of living on their finances, with the inflation rate soaring to a 30 year high of 6.2 per cent in February. Read More
Cost of living crisis: UK inflation rises to 30-year high
The soaring cost of goods and services have pushed the UK inflation rate to its highest level in almost 30 years, a major study has revealed.
Employment and overall wages hit record highs
In November, Britain saw the largest rise in overall real wages since September 2016, raising the spending power of the average British worker to the highest it has been in two years. Read More
Unexpected UK inflation in September causes pound sterling to fall
In September, the UK inflation came in much weaker than expected, causing the pound sterling to fall dramatically. Read More