Feb 20, 2022 | Newsletter
Britain’s cost of living crisis worsened in December after inflation jumped to 5.4% – its highest level in almost 30 years – driven by the higher cost of clothes, food and footwear. Heaping further pressure on Bank of England policymakers to raise interest rates when...
Feb 17, 2022 | Newsletter
Consumer finance company Zilch is getting flak for trying to encourage UK consumers to use buy now, pay later (BNPL) plans to buy cheap supermarket pizzas and other treats that fall outside the typical definition of BNPL purchases, the Financial Times reported. Zilch...
Feb 15, 2022 | Newsletter
The ONS’s latest figures on what has been happening to wealth in Great Britain, released in January 2022, are already out of date, covering only the period up to March 2020, and therefore missing the effects of the pandemic. But they are also limited in another way:...
Feb 13, 2022 | Newsletter
President Joe Biden has attempted to play down a new annual inflation reading of 7%, the highest level in 40 years, by branding it a ‘global’ issue that his administration is making ‘progress’ with. Persistent supply chain issues have left...
Feb 11, 2022 | Newsletter
Rishi Sunak, the UK chancellor, is facing calls to revisit his decision last year to suspend the “triple lock” on annual state pension increases, adding to pressure on the government over big cost of living increases. Two former pensions ministers have urged the...
