Cost of living crisis - Page 3

As officials in the country express their fears about future gas riots this winter, the German government has announced a host of new energy rationing rules that will come into effect from next Thursday.

Over half of households in Germany will be left living paycheck to paycheck or worse as a result of the country’s gas crisis, the head of a savings bank has warned.

Criminal barristers across England and Wales are to go on strike indefinitely from September 5th over an ongoing pay dispute with the British government.

Inflation figures in the U.S. of 8.5 per cent, the United Kingdom of 10.1 per cent and the 19-country euro area of 8.9 per cent come nowhere close to Turkey’s eye-popping rate of nearly 80 per cent, with skyrocketing food, housing and energy prices hitting people hard.

The left-wing leader of a rail union in Britain has cited EU influence in Ukraine, as well as the country’s alleged use of “Nazi imagery”, as leading to Russia’s invasion.

LONDON (AP) – Thousands of UK train drivers walked off the job Saturday in a strike over jobs, pay and conditions, scuppering services across much of the country. The action was the latest in a spreading series of strikes by British workers seeking substantial raises to offset soaring prices for food and fuel.

KYIV, Ukraine (AP) – On a day of give and take, Western nations made more pledges to send arms to Ukraine while the European Union’s full ban on Russian coal imports kicked in Thursday, adding to the sanctions against Moscow that intelligence claims are hurting its defence exports.

The Bank of England has warned that the British economy is heading into a protracted recession as it raised interest rates to fight inflation.

The UK will see inflation such on an “astronomical” scale that the savings of millions will be wiped out by the high cost of living and taxes.

A majority of Britons fear the energy and cost of living crisis will end in people unable to heat their homes in winter dying and riots on the streets.

Officials from the UK’s National Grid have sworn to the public that the country will avoid blackouts this winter, though they have admitted that prices will end up being “very high”.

One in five British households now has a “negative disposable income” in which they are £60 short of meeting their essential needs.

Real wages saw their sharpest decline on record in Britain when considering inflation, the ONS revealed on Tuesday.

The British public should turn down their heating and switch the time when they eat dinner this winter in order to avoid rolling blackouts, government advisors have warned.

An elected representative within the European parliament has accused the EU of trying to tax its population out of poverty.

Schools and hotels in Britain and Ireland are reportedly now struggling to keep some beef dishes on the menu due to ever-inflating prices.

Those struggling with the ongoing cost of living crisis may be paid not to use energy in the hopes of averting rolling blackouts.

Ireland’s Prime Minister has told the public that they are in for a “difficult” winter as energy supplies across Europe begin to dwindle

Eurocrats in Belgium and Luxembourg have been given an inflation-busting raise despite the EU telling its member states to avoid pumping worker pay to help with the cost of living crisis.

While the vast majority of Europeans support sanctions, less than half do if they mean price rises, which experience suggests they are.

Millions of people in Britain faced disruption Thursday as railway staff staged their second national walkout this week

A national strike has crippled the transport infrastructure of Belgium as around 70,000 people took to the street to protest the effects of inflation.

The incoming commander of the British Army has told his troops to prepare to fight a land war in Europe, citing Russia as a significant threat to peace on the continent.

Thousands of people marched through central London on Saturday in a protest over the soaring cost of living in Britain.

Richard Tice, leader of the rebranded Brexit Party, Reform UK, has proposed a bold, tax-cutting strategy to tackle the cost of living and inflation crisis. 

The British government is launching a ‘Grow for Britain’ initiative to try and boost domestic food production, a leaked document has revealed.

The cost of living crisis is mostly the result of lockdowns of the economy rather than the war in Ukraine, UK lawmakers were told.

The UK’s climate crazy prime minister has reportedly ignored calls for him to ease the current cost of living crisis by cutting green taxes.

LONDON (AP) – The average cost of filling up a typical family car has exceeded 100 pounds ($125) for the first time in Britain, as Russia’s war in Ukraine drives gasoline prices higher.

A study on social mobility in Britain has found that the Chinese Coronavirus pandemic is likely to have long term negative effects on the opportunities of young people.

Nearly Half a Million Businesses Could be Underwater ‘Within Weeks’

Germany’s federal authorities are considering a bailout for low-income citizens as the country’s cost of living crisis looks “likely” to worsen.

Hungary’s Prime Minister Viktor Orbán will impose a temporary windfall tax on banks and multinationals which he says are profiting from the Ukraine war, to protect Hungarians from energy bill increases and enhance the military.

Prime Minister Boris Johnson has said that the still will “put our arms around the British people again as we did during Covid” amid the cost of living and inflationary crisis.

Inflation rose to the highest level in 40 years in Britain last month as the war in Ukraine fueled further increases in food and fuel prices.

The head of Tesco has warned that people in the UK are facing “real food poverty for the first time in a generation”.