Gospodarka

Although price growth in Europe is slowing down, the cost of living remains high, the Associated Press agency reports and emphasizes that the peak of inflation is probably behind us.more

The latest quarterly housing report for MyHome.ie found inflation in asking prices for homes dropped in the last three months of 2022, as is typical for Q4 of a year, but 3% of homes listed for sale actually dropped their price.more

There is no shortage of interest in buying palaces, castles and even entire villages on the Iberian Peninsula during inflation. The further away from the cities they are located, the lower their price.more

More than 700,000 people in England and Wales are living in homes without central heating this winter, one in 10 of whom are elderly and ill, according to figures that lay bare the plight of the most vulnerable.more

Pharmacies say a lack of government planning is behind a shortage of cough and cold medicines in shops. The Association of Independent Multiple Pharmacies said its members report a scarcity of "all medicines", in particular cough mixtures and lozenges. Flu and Covid cases have put pressure on the NHS and pharmacies said there should have been "better" communication with manufacturers. more

Fresh food prices rose at a record rate in December, at a time when many families would have been stocking up for Christmas, new figures suggest. Fresh food inflation hit 15% in December, up from 14.3% in November, according to the British Retail Consortium (BRC).more

London landlords are being forced to reduce rents, as the cost of living crisis puts a ceiling on soaring prices.more

British egg farmers are quitting "every week" amid soaring costs, a former Asda buyer has warned.more

The likelihood of power cuts in Britain this winter has diminished “significantly” after a sharp fall in the wholesale price of gas. A spell of mild weather in the UK and Europe sent prices tumbling in a respite from the highs that led to soaring energy bills.more

Morrisons has slashed the prices of around 130 items this new year including bread, cheese and meat as shoppers struggle with a once in a generation cost of living crisis. The price of a white medium loaf of bread will be reduced from 45p to 39p, while pasta sauce will be down to 39p from 57p.more

Around 5.7 million people have less than a month left to submit their tax return or potentially face a financial penalty, HM Revenue and Customs (HMRC) has said.more

According to experts, the November and even December price increases in stores were not yet the peak of high prices. In the coming months, everyday shopping will continue to become more and more expensive. Currently, there is no chance of slowing down the dynamics of price growth. Some forecasts say inflation as high as 20% in February 2023.more

Millions of households on low incomes will receive fresh cost-of-living support from this spring, according to the Department for Work and Pensions (DWP), which has announced further details on the payments schedule.more

Financial problems due to excessive Christmas shopping will be experienced by early 2023. 47 per cent of Poles - more often women than men, according to a survey by BIG InfoMonitor. According to experts, a flurry of December spending is one of the main reasons for Poles' financial troubles.more

From January 1, 2023, the UK, as announced, will completely stop imports of Russian liquefied natural gas (LNG), the British Foreign Office reminded on Twitter.more

Next year looks set to be just as "horrendous" for many families' living standards as this year, as they are hit with falling pay and soaring energy, tax and mortgage bills, a think tank has warned.more

Property prices in the UK fell for the fourth month in a row in December, the longest run of declines since 2008, according to Nationwide.more

Two-thirds of UK consumers are planning to cut their discretionary spending in 2023 amid concerns about the cost of living crisis, according to a survey.more

Cost of living pressures have increased the number of customers relying on bank branches to help manage their squeezed budgets, research shows.more

The government has refused to publish an estimate of the economic benefits of its latest planned Brexit trade deal. Ministers had faced mockery over the small benefits to the economy expected from previous free trade agreements – with most giving tiny boosts to GDP.more

This year's Christmas parcel peak in Poland is a disappointment. Demand for logistics services in Poland is slowing down, and the industry looks at 2023 with concern, Rzeczpospolita reports.more

More than half of all adults in Great Britain are buying less food and drink, with surging costs leaving the most vulnerable worst off.more

Border Force staff are beginning the second in a series of strikes at UK airports until New Year's Eve. Around 1,000 members of the PCS union, many of whom work in passport control, will walk out from 28 to 31 December. Rail disruption will also continue on Wednesday and Thursday, with TSSA union members at Great Western Railway and West Midlands Trains on strike.more

The number of people heading out to the Boxing Day sales rose by more than 50% compared to last year but footfall remains far below pre-pandemic levels. more

A supper for four in a modest, self-prepared version costs PLN 145, according to the Christmas Eve basket of "Rzeczpospolita". According to the daily, prices have increased by almost 23 per cent over the year.more