Ofgem raises energy price cap by 80%
Average household energy bills will rise to £3,549 in October, following the decision of energy regulator Ofgem to raise the price cap. The record 80% hike will see a typical…
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26/08/2022
Treasury Committee warns government against ‘flying blind’ with Emergency Budget
The Treasury Committee is urging the government to provide assurance that it is not 'flying blind' into a potential Emergency Budget this September. In a letter sent to Chancellor Nadhim…
25/08/2022
TUC urges government to raise NMW ‘immediately’
The Trades Union Congress (TUC) has called on the government to increase the National Minimum Wage (NMW) rates 'immediately' in order to guarantee decent living standards for families. Research carried…
24/08/2022
Experts warn inflation could hit 18% in 2023
Economic analysts have warned that the rate of inflation could hit 18% in 2023 as a result of rising energy prices. Think tank the Resolution Foundation stated that inflation could…
23/08/2022
Fighting pensions scams and financial fraud
The launch of a new scam-fighting plan by The Pensions Regulator (TPR) has highlighted the heightened dangers of fraud and scams during the cost-of-living crisis. The pressures caused by the…
23/08/2022
Report finds decline in the use of cash is easing
Banking trade body UK Finance has revealed that the rapid decline in the use of cash as a form of payment has eased. A report published by UK Finance found…
22/08/2022
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