INSUBCONTINENT EXCLUSIVE:
TEHRAN- The Bank of England raised interest rates after saying the country was already in recession partly because of the extra public
inflation in the long run but it is the seventh increase in a row since the UK came out of the covid lockdown and adds to the cost of living
bank's decision will hit homeowners with a mortgage the most as they will now be paying extra monthly repayments as a result on top of
Other households and small businesses who have taken out loans from banks, including car loans, will also suffer from paying higher monthly
all saw a recession forecast coming
But the bank says it expects the UK's gross domestic product to shrink by 0.1% in the third quarter of this year
state media helped erase the financial crisis from the minds of some ordinary households who will be the ones paying the price with
workers on low-paid jobs and the many self-employed who rely on a working day to earn a wage lost out, that day, during what is a financial
public holiday to mark the queen's 70 years in power led to a contraction in the British economy then the public holiday to mark the
The cost of gas has skyrocketed with expensive consumer bills spearheading inflation levels.Critics accuse Western governments of triggering
the war by ignoring Russia's security guarantees and prolonging the fighting with a steady flow of weapons instead of a peace
raised once again at the start of October
struggled to pay at least one house bill
That is one in five UK adults
The survey for the charity group Money Advise Trust shows the extent of the impact rising bills is having on households.Despite a government
cap which Downing Street claims will help the poor, the research shows energy prices are already unaffordable for millions of poor people or
The pound fell to a record low of $1.11 for the first time in nearly forty years and experts believe it is unlikely to rally any time
any of their energy package with a windfall tax on the enormous profits of oil and gas producers is creating dangerous uncertainty," she
emerged that the cost of a child's lunch at school has risen by 70% over the past 18 months, reflecting the general rise in groceries
Food items such as bread, cheese, tomatoes and biscuits have all soared in price as food inflation rises
Tomatoes have seen a huge jump in price of 146%, while cheese is up 132%
workers will walk out for what will be the third day of rail strikes slated for next month
October 1-5 for Aslef union members
offered to take a dispute over pay and working conditions to arbitration as further strikes involving 115,000 workers loom
pressure is growing on the government which is widely accused of serving the rich
It appears that very little of what the chancellor Kwasi Kwarteng announced in the budget will soften the financial blow hitting millions of
