All the updated news related to costofliving

All the news related to costofliving updated in real time

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Scotland

Woman struggling to feed children is helped by community fund

A woman who lost two stone in six weeks as she prioritised feeding her children after losing her job has been helped by £1.5 million of lottery funding to Scottish community groups. Kelly Young from Partick in Glasgow lost her job in December 2021 ...

31 Jan 2023 at 00:01

Energy firm visits customers’ homes to advise on cutting bills

An energy firm is going to customers’ doorsteps to give personalised advice on reducing bills as it hears from “many” reporting that they will struggle to pay this winter. Octopus Energy said it hoped to visit at least 500,000 homes this winter ...

07 Sept 2022 at 15:00

Personal Finance

One in six ‘stressed’ renters miss essential payments every month, survey says

Consumer group Which? is urging UK businesses to support people struggling with the cost-of-living crisis, as one in six “stressed” renters miss “essential” payments every month. A person interviewed by Which? said: “We are not living, we are ...

26 Jan 2024 at 00:01

City

One third of UK adults will run out of money by the end of January, survey says

One third of UK adults will run out of money by the end of January due to higher winter bills and financial strain from Christmas expenses, a survey says. Personal finance company Credit Karma found that 56% of those who will run out of ...

19 Jan 2024 at 00:01

City

UK employment hits decade low and expected to worsen, says report

UK hiring has slumped to a new decade low and is expected to worsen amid shrinking job vacancies, a new report says. Accounting and business advisory firm BDO said it has recorded UK employment at its weakest since August 2013 in its ...

15 Jan 2024 at 13:12

Scotland

Parents forced to reduce children’s hobbies due to rising energy bills

Almost half of Scots have had to reduce household spending to try to cope with rising energy bills, research has revealed, with almost one in 10 having made the “heart-breaking” decision to cut back on children’s activities. ...

10 Dec 2022 at 01:01

Scotland

Young adults ‘think cost-of-living crisis will have worse impact than Covid-19’

Young people are struggling more with the cost-of-living crisis than they did during the Covid-19 pandemic, according to a report. The study by Prince’s Trust NatWest Youth Index 2023, based on YouGov research, found that ...

30 Jan 2023 at 11:05

Cost of living causing almost two million people to regularly skip meals – study

Almost two million Britons skip meals for a whole day three times a month due to the rising cost of living, research has suggested. A YouGov poll of more than 6,000 people also found 9.6 million Britons live in ...

12 Jun 2023 at 00:01

Businesses to get backdated support for energy bills if scheme delayed

The Government has promised to backdate energy bill support for businesses, amid concerns that the promised scheme for struggling firms could be delayed for a number of weeks. Officials are working on a ...

14 Sept 2022 at 14:19

Ministers have ‘buried their heads in the sand’ over the cost-of-living crisis

The Government has been criticised for failing to deal with the “emergency” facing struggling families as they battle cost-of-living pressures. The Queen’s Speech set out plans to boost the economy, ...

10 May 2022 at 15:55

City

UK companies facing second-highest level of financial ‘distress’ in Europe

UK businesses are facing the second-highest level of “deepening” financial distress in Europe due to inflation and high interest rates. The Weil European Distress Index has shown failing ...

05 Feb 2024 at 09:40

Household incomes to improve amid ‘turning point’ for economy in 2024 – report

UK household incomes are expected to improve in 2024 and the year ahead is set to see a “turning point” for Britain’s stagnating economy thanks to falling inflation, interest rate cuts ...

23 Jan 2024 at 08:56

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