Category: UK cost of living crisis

MPs launch student loans inquiry amid ‘perfect storm’ for young people in UK

Influential Treasury committee chair Meg Hillier says review follows growing concern over graduate debtUK firms struggling to hire young people amid cost pressures, MPs toldYoung adults in the UK face a “perfect...

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How the Iran conflict could affect prices around the world – video explainer

Oil markets have had some of the steepest price rises ever recorded as conflict in the Middle East escalated over the last week. Although the world is slowly becoming greener, fossil fuels are still the lifeblood of every...

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Labour risks election wipeout unless it improves Britain’s high streets, study finds

Decay of town centres a top issue among voters especially Reform UK supporters and is fuelling resentment against WestminsterHow has your local high street changed since 2019? Check your postcodeThe struggling billionaire-owned...

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Expand credit unions to boost cheap credit to low-income people, Labour MPs urge Reeves

Influential MPs including committee chairs say millions could benefit with minor changes to financial inclusion bill A group of Labour MPs have called on Rachel Reeves to support a huge expansion of credit unions to boost access...

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Lending to small businesses and low-income areas must expand, say Labour backbenchers

Senior politicians have tabled bill that would force UK banks to make affordable finance more accessibleSenior Labour backbenchers are urging the government to introduce legislation forcing UK banks to expand affordable lending...

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Keir Starmer to woo voters and MPs with new year plan to cut cost of living

PM to highlight energy bill and interest rate cuts, plus end to two-child benefit cap, and to invite his MPs to ChequersKeir Starmer will attempt to rescue his relationship with disillusioned voters and his own fractious MPs in...

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Welsh first minister vows to keep Labour ‘most successful democratic party on the planet’

Eluned Morgan says Welsh Labour would retain crown, despite polls indicating Reform UK and Plaid Cymru could win more seats in electionsThe first minister of Wales has said she is determined for Welsh Labour not to lose its...

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