Barry Coidan has the same burning question that many millions of households are confronting this year: how can he protect his hard-earned savings from rampant double-digit inflation? The annual rate of the rise in the cost of living reached 10.1pc in the year to July, its highest level since 1982. The most pessimistic forecasts say it will exceed

Even with Prime Minister Liz Truss’s freeze on energy costs, bills will still be very high – on average 64pc more than last winter. So far during the energy crisis, British households have not felt the real pain of higher costs – but they will once they turn the heating on, which is the main source

Families and higher earners will make the biggest savings under the new Prime Minister’s low-tax promises and freeze on energy bills. However, experts have warned that Liz Truss can do little to spare millions of households from a significant rise in their biggest outgoing – their mortgage. Interest rates are still forecast to soar into next year,

Cambridge Biomedical Campus had an £2.2billion economic impact on the UK economy last year, a new report marking its 60th anniversary has found. Laying bare the phenomenal contribution of Cambridge’s largest employment site, it reveals that the campus supports more than 16,041 full-time equivalent jobs and a further 15,000 additional roles across the regional supply

One of the first things that Liz Truss did when she took up her role as prime minister this week was announce a freeze on spiralling energy bills. This followed the appointment of a housing secretary, Simon Clarke — he is the fourth MP to take up the post in just under a year. Clarke

The Euro slid to a twenty-year low against the US dollar on Monday, trading at below 99 US cents. It comes off the back of last week’s announcement from Russia that it would shut off gas deliveries to Europe indefinitely. Speaking to Euronews why the Euro is performing so poorly, Chief Economic Adviser at the

The UK upgrade to its payments infrastructure is expected to add more than £3bn to GDP by 2026, but the potential of real-time payments is much bigger. According to a study from the Centre for Economics and Business Research (Cebr), software firm ACI Worldwide, and Global Data, if theoretically all payments were real-time, UK GDP could be up by

Cambridge Biomedical Campus, which celebrates its 60th anniversary this autumn, has proved an economic powerhouse for the Cluster and UK economies as well as providing a home for world-leading companies and research. An economic impact report released this week by the Centre for Economics and Business Research (Cebr) for the first time calculates the economic

Landlords will lose thousands of pounds in rent as the cost of living crisis pushes the number of households falling into arrears to an 11-year high – and a third more than during the pandemic. Nearly one in 10 tenant households in England will fall behind on rent this financial year, according to the Centre for Economics

A new economic impact report details the financial contributions of the Cambridge Biomedical Campus (CBC), which celebrates its 60th anniversary this autumn. The independent report by the Centre for Economics and Business Research (Cebr) for the first time calculates the economic benefits of CBC also highlights the health and research benefits for the region. The

The country’s payments infrastructure is currently archaic – but an upgrade could add 0.11% of the UK’s formal GDP. Upgrading the UK payments infrastructure and boosting real-time payments adoption could increase GDP by $3.8 billion by 2026. A new study published by ACI Worldwide, Global Data, and the Centre for Economics and Business Research (Cebr) found that a much-needed

Imposing a new architecture on the UK’s ageing payments infrastructure in conjunction with the wider adoption of real-time payments could boost the country’s economy by $3.8billion (0.11 per cent of formal GDP) within the next four years. Likewise, the ‘untapped potential’ of real-time payments in the UK is now being recognised, while the theoretical impact

Upgrading the UK’s ageing payments infrastructure and increasing real-time payments adoption are forecast to boost the UK economy by $3.8 billion – 0.11% of formal GDP – by 2026, according to a new study published by ACI Worldwide, (NASDAQ: ACIW), Global Data, and the Centre for Economics and Business Research (Cebr). Read the full article

Two thirds of homes in England and Wales face significantly higher energy bills because they are poorly insulated, new research has shown. Properties with an Energy Performance Certificate of D or below face an average bill increase of £1,730 a year when the energy price cap rise comes into effect in October, according to analysis by

The average household will pay £37.41 more for food each month by December next year, a rise of about 12 per cent, because of the impact of the drought on crops, according to the Centre for Economics and Business Research. There should be little impact in the near term, said Pushpin Singh, who wrote the