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Cost of Living

Over a million households will gain £420 boost under new Universal Credit rules

From 30 April 2025, a significant change to Universal Credit will ensure that more than a million low-income households across the UK receive a financial boost, thanks to new rules reducing the amount that can be deducted from their benefits to repay debts.

Wyatt homes secures funding to accelerate housing delivery

A new multi-million-pound funding package will enable Wyatt Homes to expand its residential development operations across South England significantly.

Government unveils £2 billion investment to build 18,000 new affordable homes

The Government has announced a £2 billion investment to help support the creation of up to 18,000 new social and affordable homes.

Government plans for warmer homes and cheaper bills for renters

To try to tackle rising energy costs and create better living conditions for UK citizens, the government is rolling out a plan to upgrade private rented homes across the country.

Repossession claims in England and Wales surge to five-year high amid economic pressures

Recent data from the Ministry of Justice has revealed a significant increase in repossession claims across England and Wales, marking the highest level in five years.

Our polycrisis demands a radically new approach to risk management

In this exclusive, Ruth Richardson, Executive Director of the Accelerator for Systemic Risk Assessment (ASRA), calls on policymakers worldwide to transform risk management.

FAO reports rising global food prices for third consecutive month in May

Rome, the benchmark for world food commodity prices continued to climb for the third month in a row in May, according to the Food and Agriculture Organisation of the United Nations (FAO).

UK shop price inflation falls

Shop price inflation in the UK has reduced to its lowest level since November 2021, driven by significant price cuts on big-ticket items like furniture and TVs.

Young homeowners face retirement mortgage dilemma as rates rise

Younger homeowners are increasingly opting for extended repayment periods that stretch into retirement.

Bank of England expected to hold interest rates

The Bank of England is set to maintain its current interest rate of 5.25% for the sixth consecutive time, as announced today.

UK inflation hits lowest point in over two years

UK inflation has dropped to its lowest level over two years, at 3.4% for the year leading up to February.

Debt Awareness Week: 6.7 million Brits face financial difficulties

6.7 million individuals in Britain struggle with financial difficulties, according to a recent report by Debt Justice.

‘Pot for Life’ will this new scheme solve the UK’s pension crisis? 

The UK faces a pension crisis, with state pensions now funded on a pay-as-you-go basis.

Tackling fuel poverty head on: Prioritising a holistic approach this winter

Duncan McCombie, Group Chief Executive Officer at YES Energy Solutions, discusses the challenges many people face during the winter months and the steps his organisation is taking to support them.

Cutting back on spending during the current economic climate

The cost of living crisis and the current economic climate continue to create severe financial difficulties for many households in the UK. In times of such high inflation and soaring food costs, it is not surprising, therefore, if the consumer purchasing habits change.

Increasing food inflation and the impact on supermarkets

Figures from the Office for National Statistics show that UK food inflation in March and April 2023 was the highest in more than 45 years.

Seeking solutions for poor wages in Europe

European employment indicators may seem optimistic, but poor wages contribute to financial distress for many families across the continent.

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