All the updated news related to centre of economic

All the news related to centre of economic updated in real time

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Household saving to fall by 71% to a weekly average of £26 as living costs soar

Household saving is expected to fall by 71% on last year to an average of £26 a week as inflationary pressures drastically reduce families’ ability to put money away, figures suggest. Households would need to earn an extra £80 a week before tax or ...

13 Apr 2022 at 01:25

Confidence in household finances hits record low

UK households’ concern about their finances has hit another record low as they “bear the brunt” of the cost-of-living crisis, according to a survey. Confidence in household finances over the short term hit an all-time low in the monthly survey ...

12 May 2022 at 01:55

Households more worried about finances than at any point for a decade – study

UK households are more worried about their personal finances than they have been in more than a decade, a new study shows. Energy bills went through the roof last week, while the cost of food and fuel is also steadily increasing. Now a ...

08 Apr 2022 at 14:25

City

Report finds finance workers win 20% pay hike as lowest-paid see wages flatline

Finance and insurance workers have enjoyed pay rises of up to 20% while the lowest earners have seen their wages flatline amid the worsening cost of living crisis, according to a new report. A “tale of two labour markets” has emerged ...

08 Aug 2022 at 13:14

Consumer confidence sees steepest decline since early stages of pandemic

Confidence among UK consumers has fallen into negative territory for the first time since June 2020, according to a survey. The Consumer Confidence Index from YouGov and the Centre for Economics and Business Research (Cebr) fell by ...

15 Sept 2022 at 01:01

Work-related stress costs UK economy £28bn a year, research shows

City

People taking sick days because of work-related stress or burnout is costing the UK economy £28 billion a year, according to new research which highlights the financial toll of poor mental wellbeing. More people said they were ...

29 Mar 2023 at 00:01

School absences doubled as ‘knock-on’ effect of pandemic lockdowns – report

School absence rates in the UK doubled from pre-pandemic levels as a “knock-on” effect of lockdown restrictions and school closures caused by Covid-19, a new report has found. Lower rates of attendance will remain until the ...

06 Sept 2024 at 00:01

House price anxiety drags down consumer confidence – survey

Homeowner anxiety about house values has cancelled out any reassurance from the Government’s freeze on energy bills to drag down consumer confidence for another month, a survey suggests. The overall YouGov/Centre for ...

12 Oct 2022 at 01:01

Kinlough

Leitrim councillor urges Innovation Centre in Kinlough Redevelopment Plan

Leitrim County Council is collaborating with the Kinlough community to redevelop the vacant Kerr building on Barrack Street, with Cllr Justin Warnock calling for the inclusion of an Innovation Centre in the plans to ...

23 Nov 2024 at 17:33

New report claims investment in social housing could add £50bn to economy

Billions could be added to the economy through investment in social housing, according to a new report which comes as the Chancellor has been warned of the “dire situation” facing homelessness support services that ...

27 Feb 2024 at 00:01

Consumer confidence falls for seventh month in a row – YouGov/Cebr

Consumer confidence has fallen for the seventh month in a row as accelerating inflation erodes household buying power, figures suggest. Confidence fell to its lowest point last month since August 2020, according ...

13 Jul 2022 at 01:01

Upgrade to Openreach ultrafast full fibre broadband ‘could deliver £66bn boost’

Upgrades to Openreach’s ultrafast full fibre broadband could deliver a £66 billion boost to the UK economy in the next few years, research suggests. The upgrade is expected to drive productivity gains and ...

25 Nov 2024 at 00:01

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