While Ukrainians are struggling and Europeans are trembling at the thought of energy bills, Norway is making obscene profits from the war, while it should think about how to help the EU get through the crisis. The Polish prime minister was the first to pay attention to it - the British weekly "Economist" wrote in the latest issue.more
Private hospital group Spire is cashing in on long NHS waiting lists as more patients choose to pay for treatment rather than get stuck in a health backlog.
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There is not much that can be done to prevent the British economy from falling into recession, admitted Bank of England (BoE) Governor Andrew Bailey. He emphasized that the president of Russia, Vladimir Putin, was responsible for this.more
New UK Prime Minister Liz Truss confirmed that her government will announce a plan to help both households and businesses amid rising energy costs, but ruled out financing it through an additional tax on energy companies.more
Every fourth Pole expects an increase in income, and every fifth estimates that their amount will not change - according to the study "Salaries 2022. Poles' expectations." In the last quarter, the salaries of almost half of working Poles increased more than twice as much as in January this year - added .more
Tens of thousands of businesses are at risk of going under without government support because of soaring energy bills, according to insolvency experts.more
Pub industry experts warn that pub owners will soon be forced to raise prices significantly. The reasons are to be rising energy costs and inflation across the country.more
Charles Michel, President of the European Council, stated that the European Commission should not wait until Ursula von der Leyen's speech scheduled for September 14 on solving the energy crisis and reducing the price of Russian gas, writes Politico.more
Outgoing UK Prime Minister Boris Johnson announced that the government will invest £ 700 million in the construction of the new Sizewell C nuclear power plant. British energy needs.more
Households across Britain will be hit by a “winter like never before” with people going hungry and cold unless the Government acts swiftly, an energy chief warned on Thursday.more
Pubs across the UK will be forced to close due to energy costs soaring by as much as 300%, brewery bosses warned.
Leaders of six of the country's largest breweries called on the government for "immediate government intervention" on sky-high energy bills this winter.more
At the beginning of the fourth quarter of this year. Great Britain's economy will enter a recession due to high inflation - forecasts Goldman Sachs. It added that the Bank of England will probably raise interest rates by 50 bp in September. GDP growth in 2023 may be negative and will amount to -0.6%.more
Brits are to have a more considered approach to Christmas shopping this year as inflation takes it toll on spending, placing more emphasis on value and meaningful gifting.
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Shoppers may not be able to get the Christmas goods they want if disruption at the Port of Felixstowe rumbles on into next month, supply chain experts have warned.
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The British are facing a record number of 80 percent increase in energy prices. From October 1, average bills will increase from £ 1,971 to £ 3,549 per year, Ofgem, energy regulator, announced today.more
Small businesses are starting to brace for a steep rise in redundancies, a law firm has warned, amid double-digit inflation and a looming recession. more
Nearly a third of UK households have found it difficult to pay their energy bills in the past three months, according to a survey released yesterday. Meanwhile, according to forecasts, bills will increase by 80 percent from October.more
The Communication Workers Union (CWU) said its members are taking industrial action for a “dignified, proper pay rise” after they voted in favour by 97.6% in a ballot.
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