252 results for "Energy"

Despite the UK government's recent implementation of the largest cash boost to the minimum wage in over a decade, a sobering reality persists as millions of UK workers across the...

Britain's households are set to be hit by a wave of rising bills for essential services, as a number of companies implement their annual price hikes from 1 April. The...

The Department for Work and Pensions has boosted its household support fund to provide an additional £500 million in the wake of the Budget. Department for Work and Pensions Extends...

The UK housing market offers poor value for money compared with other developed countries. Typically, UK households spend much more money for much less living space. This means that the...

The Bank of England will soon cut interest rates to 3% in a move to support mortgage borrowers as inflation declines sharply, according to senior economists from KPMG. The Bank...

Policymakers at the Bank of England kept interest rates on hold at 5.25% for the fifth consecutive time, despite a fall in inflation. The Bank of England Keeps Interest Rates...

UK inflation dropped to 3.4% in February, the lowest rate for two and a half years, as the annual pace of price hikes started to slow after surging in January....

The Bank of England has been called to intensify efforts to bring the finance industry into line with the UK's climate targets. Prominent Economists and Advocacy Organizations Urge Bank of...

According to a campaign group, more than 6.7 million people in the UK are in financial difficulty as the cost of living pushes more families into debt. Rising Insolvency Rates...

Official data showed that the UK economy displayed signs of growth in January after experiencing a mild recession in the second quarter of 2023, offering prime minister Rishi Sunak a...

Two serving ministers with strong expertise in defence and security have sounded the alarm about the growing concerns among conservative MP's and military insiders as the Chancellor failed to announce...

Did you ever wonder about the intriguing way time moves in the UK? Almost inevitably, twice a year, the clocks undergo a fascinating ritual known as the British Summer Time...

According to the latest data from Halifax, UK house prices have experienced a 1.7% annual surge, bringing the average cost of a UK house remarkably close to the peak recorded...

The Office for Budget Responsibility (OBR) anticipates a notable economic development as inflation is projected to dip below the government's 2% target in the coming months. OBR Forecasts Inflation Dip...

In February, the combination of wet weather and persistent cost of living challenges significantly dampened retail sales, leading to a meagre growth rate of just 1%. Many households opted to...

The Bank of England's chief economist recently emphasized that a cut in UK interest rates is not on the immediate horizon. Huw Pill's Cautionary Notes on UK Economy and Potential...

In the wake of the UK's confirmed recession and persistent cost of living challenges, low-income families are grappling with financial strain. Research from the Joseph Rowntree Foundation reveals alarming levels...

UK food price inflation reached its lowest rate in two years due to declining energy costs and intensified competition among supermarkets, providing relief for households amidst stretched budgets. Moderate Food...

A report reveals that the UK's net zero economy experienced a notable surge of 9% in 2023, in stark contrast to the marginal 0.1% growth observed in the overall economy....

Following global climate alarmism and the need to reduce carbon emissions, the UK is undertaking a monumental shift to renewable energy. However, in this laudable transition, concerns have arisen about...

In a digital age where cryptocurrencies continue to stir debate, the reception to a recent European Central Bank (ECB) blog post critiquing Bitcoin has been notably contentious. As of today,...

Ramadan is on the horizon, faster than a shooting star! This is an important event for millions of Muslims in the UK. So, when will Ramadan 2024 start in the...

UK motorists have faced a significant £2 surge in petrol prices this month, attributed to escalating fuel costs amidst the ongoing Red Sea attacks. This sharp escalation underscores the susceptibility...

Jeremy Hunt received a pre-budget boost with the latest government borrowing figures revealing that the UK achieved a monthly budget surplus in January, marking a record since modern record-keeping began...

The Bank of England faces the peril of exacerbating the UK's recession unless it promptly reduces interest rates to alleviate the strain on households grappling with the relentless cost of...

The Bank of England (BoE) has adopted a cautious stance against a backdrop of rising inflation, an energy crisis exacerbated by the war in Ukraine and the lingering effects of...

As the clock ticks on, signalling the inevitable journey toward retirement, a daunting revelation casts a shadow over the typical worker facing the stark reality of being left £600,000 adrift...

According to LinkedIn, the dynamic landscape of job growth in Europe is currently being reshaped by the flourishing fields of IT, sales and marketing, data analytics, and sustainability. Unveiling a...

On Thursday, amidst the disheartening revelation that the UK economy slipped into a recession in the latter half of 2023, London's financial markets, including the FTSE, and the pound demonstrated...

In the intricate mosaic of the United Kingdom's economic landscape, the omnipresent force of inflation plays a pivotal role, subtly but significantly influencing the costs associated with everyday essentials. Inflation's...

Rishi Sunak's vow to foster economic growth hits a dissonant note as the UK unexpectedly plunges into recession. Shadow chancellor Rachel Reeves asserts that Sunak's commitment lies in tatters, painting...

Despite recent efforts to stabilize inflation, complaints persist among UK households as they continue to feel the impact of rising prices. The Consumer Prices Index (CPI), which peaked in 2022,...

Official data shows that UK inflation held steady at 4% in January, defying all the previous forecasts of a higher rise, as household goods' and food prices drop counteracting the...

The United Kingdom is poised to experience a second consecutive monthly increase in its inflation rate, dealing a setback to expectations of a potential interest rate cut by the Bank...

As of today, households are set to receive the third instalment of the £299 cost of living payments, marking the completion of the three-part support package initiated in autumn 2021....

Addressing inflation requires sacrifices from UK workers, including accepting reduced income deals, and necessitates organizations to regulate their profits. This cautionary stance is emphasized by a Bank of England official,...

Rising energy and grocery bills are placing significant financial strain on pensioners, emphasizing the urgency of bolstering retirement savings. Amidst escalating living costs, pensioners find themselves grappling with the necessity...

Economists, including those at the National Institute of Economic and Social Research (NIESR), warn that the Bank of England's reluctance to share its plans for interest rate cuts may lead...

Starting this Tuesday, a crucial support measure will benefit eight million households dependent on means-tested benefits. This final installment of the cost-of-living boost aims to alleviate the strain caused by...

Central banks must ensure they have fully addressed inflation concerns before considering interest rate cuts this year, according to the Organization for Economic Co-operation and Development (OECD). Despite revising its...

Amidst the backdrop of escalating inflation and interest rates, UK businesses find themselves grappling with the second-highest level of financial distress across Europe. Insights into UK and European Business Sector...

Sir Keir Starmer and shadow chancellor Rachel Reeves are facing internal criticism within the Labour Party due to their growing reservations about the party's key environmental policy during an election...

The Bank of England has opted to maintain the current interest rates at 5.25 percent, citing a forecast indicating a quicker-than-anticipated decline in inflation to reach its target level. This...

Amidst the soaring cost of living in the UK, individuals and families eagerly anticipate essential UK financial support. Understanding the intricacies of these allocations is vital for effective financial planning....

While the significant drop in forecasted inflation for 2024 may seem like good news for many households, experts are warning of potential deflationary risks in the United Kingdom. Anticipated Inflation...

Analysts are increasingly noting the Bank of England's likely recognition of the unexpected progress in curbing inflation. However, the central bank remains hesitant about initiating interest rate cuts. The Bank...

In the most recent quarter, the U.S. economy encountered an unforeseen deceleration, surpassing predictions and fostering optimism about steering clear of a recession. Despite the slowdown, the performance outstripped forecasters'...

The global data center dielectric fluid market, valued at $76.71 million in 2023, is projected to experience significant growth by 2028. This growth is attributed to factors such as rising...

The European Central Bank's Chief Economist warned that ongoing inflation threats may prevent the ECB from implementing rate cuts this year, despite acknowledging the possibility of an economic downturn. Euro-zone...

Christine McDaniel, a senior strategist at Wells Fargo Securities, recently shared her favourable outlook on value stocks in an interview with Yahoo Finance. Despite the recent market volatility, McDaniel outlined...