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ECONOMY

UK recession risk mounts amid soaring inflation

Britain's economy is teetering on the brink of recession amid soaring inflation, a leading statistical body warns.

Liverpool

ECONOMY

British government admits inability to help citizens with soaring prices

The British government has admitted its inability to help people overcome the current cost-of-living crisis, saying it has to be prudent with its spending to avoid getting stuck in the inflationary spiral.

Boris Johnson

ECONOMY

Nearly a quarter of Britons struggling to pay bills, survey reveals

Nearly a quarter of people in the UK say they are struggling to pay household bills even before the new hike in regulated energy prices takes effect, an official survey from a leading body reveals.

electricity pylons

ECONOMY

UK inflation rises to 30-year high amid cost of living crisis

UK inflation has hit nearly 30-year high of 5.5%, new data shows, as cost of living squeeze tightens in the country.

UK

ECONOMY

Low-income, well-off Britons face similar inflation rates, data shows

All Britons, including both low- and high-income households, have experienced “similar annual inflation rates” since 2014 despite different spending patterns, a new study has found.

 Oxford Street

SOCIETY

UK COVID-19 cases hit record high, health staff absence double before Christmas

COVID-19 infections across the UK hit record high levels in all parts of the country just before Christmas, with an estimated 2.3 million cases, new figures show.

Milton Keynes University Hospital

ECONOMY

One in six Britons unable to buy essential food items, survey finds

Around one in six Britons have been unable to buy essential food items in the last two weeks due to a shortage of products and a supply chain crisis, statistics show.

Supermarket