Russia’s war on Ukraine will cost British households £1,259 each this year, analysts claim. The conflict will send prices for goods such as wheat and
David Cameron has called on Rishi Sunak to “keep the cost of government down” and limit taxes as the Chancellor scrambles to offset an estimated
Russia will soon be unable to pay its debts after the invasion of Ukraine caused its economy to tank, a leading credit ratings agency warned
The British people are willing to suffer “hardship” in the months ahead as the UK economy takes a hit from the Ukraine crisis, a cabinet minister has
A third of households were spending more than their income even before Covid struck – amid fears the looming cost-of-living squeeze could be ‘fatal’ for
Measures of household finances in Britain were at their lowest levels in records going back 10 years as a cost-of-living squeeze tightened, polling firm YouGov
U.K. consumers are more pessimistic about their financial prospects than at any time in at least a decade as the war in Ukraine fans an
British households were already bracing for a squeeze in the cost of living with inflation continuously climbing going into 2022 and April set to see
As tankers carrying Russian oil, liquefied natural gas and diesel are turned away from British ports, the implications of the UK’s ban on Russian energy is only
The cost-of-living crisis afflicting UK families is, of course, as nothing to the suffering of the Ukrainian people at the hands of Vladimir Putin. And yet
Robert Jenrick has warned that the UK could face ‘the most difficult economic year that we’ve seen in our lifetime’ amid the heavy sanctions imposed on
Scottish organisations and employees are embracing hybrid work more than anywhere else in the UK, according to new research. The Centre for Economics and Business
On average, Scottish employees now want to work 2.8 days a week from home – a rise of 254 per cent compared with before the
The war in Ukraine will cost British households £1,259 each this year, experts claim. It will send prices for goods such as wheat and vegetable
Families are set to be £2,500 worse off this year as the world reels from the standoff over Ukraine – with ministers warning it could
The shockwaves from the Russian invasion of Ukraine will cut UK living standards by £2,500 per person, lead to more persistent inflationary pressure and slow the economy to a
Ahead of Rishi’s Spring Forecast Statement due in two weeks, the Centre for Economics and Business Research has issued a chilling scenario analysis which calculates the likely
Russia used to be tightly integrated into the global aviation industry — the invasion of Ukraine changed all that. Russian aviation will “most certainly shrink,”
It must have looked so simple for Vladimir Putin. Given his military superiority, a lightning strike by Russian forces would quickly overcome Ukrainian resistance and topple
On Saturday China’s National People’s Congress session officially opened for this year, with the country’s Premier Li Keqiang stealing the headlines for his announcements on the state
Even prior to the invasion of Ukraine, a combination of booming global demand, Covid-battered supply chains and an energy crunch were set to push UK
Russia faces a crushing economic recession on the scale of its 1998 financial crisis, top analysts have predicted, with savings wiped out and the currency
A shuttered stock market, close to default, business boycotts and a rush to the cash machines: the Russia economy is on its knees just eight
China will not openly support Russia’s invasion of Ukraine but, united in their opposition to a US-led world order, both countries are seeking to set
On Wednesday 2 March 2022 a debate will be held in the Senedd in Cardiff Bay on whether St David’s Day should be made into a bank
Western Countries have now imposed punishing sanctions on Russia to try and cripple its economy and weaken its military effort over its invasion of Ukraine.
Russia’s invasion of Ukraine has drawn international condemnation with Western Countries imposing punishing sanctions on Russia to try and cripple its economy and weaken its
The value of your house was probably not your first thought when you heard about Russia’s invasion of Ukraine, but it is conceivable that President
The price of a litre of petrol is ‘certain’ to cost £2 in 2022 and add at least £20 to the cost of filling up a family
In Britain, almost 2,000 miles away from the action in Ukraine, it’s easy to feel complacent about how war could affect our lives. Indeed, we are
Oil prices have hit a seven-year high following Russia’s invasion of Ukraine and analysts warn supply chain disruptions caused by the conflict could drive inflation
Chancellor of the Exchequer Rishi Sunak will give a speech today on how investment, innovation and development can boost Britain post-Brexit. It comes as Mr
The Russia-Ukraine crisis could prove “disastrous” for Asian economies, with surging prices of fuel and commodities likely to add to coronavirus-induced economic woes, economists have warned.
One by one, embassies and international offices in Kyiv closed. Flight after flight was cancelled when insurance companies balked at covering planes arriving in Ukraine. Hundreds
Oil prices came within a whisker of hitting $100 a barrel and gas prices surged yesterday as the Ukraine crisis escalated. Brent crude, the global
The crisis between Russia and the West has intensified following Vladimir Putin’s decision to recognise breakaway republics in east Ukraine – and Joe Biden warning that
Self-isolation rules are estimated to be costing the UK economy around £2billion – or approximately 1 percent of GDP – though the true cost “could
The Centre for Economics and Business Research, a UK think tank, is warning on the impact on western living standards, already under pressure, from rising inflation and potentially
The prices of both Brent Crude and West Texas Intermediate spiked this morning on the news that Russia had sent troops into two provinces of Ukraine,
One by one, embassies and international offices in Kyiv closed. Flight after flight was canceled when insurance companies balked at covering planes arriving in Ukraine.
Hefty dependence on EU buyers and exporting could help new Ukrainian brands and established mainstream apparel manufacturers mitigate the financial fallout from prolonged political instability.
New research out from the Centre for Economics and Business Research’s Douglas McWilliams, calculates that Chancellor Rishi’s freezing of tax allowances and upper rate thresholds in the
Millions of Brits are braced for a “monstrous” and “absurd” £40billion stealth tax shock as Rishi Sunak faces mounting pressure to abandon the four-year-freeze on
Pressure is mounting on the Chancellor to scrap his four-year freeze on income tax thresholds and to raise them in line with inflation instead. According
Five million workers are to be hit by tax rises within weeks that will cost them hundreds extra a year. It comes as millions of
More than nine million workers are facing a £40billion stealth tax bombshell, The Mail on Sunday can reveal. Exclusive research by the Centre for Economics
Millions of Britons face a ‘monstrous’ and ‘absurd’ £40 billion stealth tax bombshell due to a little-noticed measure imposed by Rishi Sunak. Pressure is mounting on
“Rising unemployment and the recession have been the price that we have had to pay to get inflation down. That price is well worth paying.”
State pensions will rise by £290 in April, adding up to £5.50 a week for those who retired after 2016, the DWP has said. The