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British Gas is to donate 10% of its profits to help customers cope with soaring bills for the "duration of the energy crisis". more

It doesn't take long for most people to become pretty desensitised to the extortionate prices in London. Everything from pints to properties seems to come at a premium - and parking spaces are no exception. Free parking is an extreme rarity in the capital, and even most residents have to pay for a permit if they want a permanent spot to park their car. But how much you pay for parking varies hugemore

Almost 40% of people working in childcare are actively seeking to leave the sector, a new report has found. Creches and childcare facilities are struggling to recruit staff, with 68% of managers and owners finding it "extremely difficult" to hire and keep workers due to low pay and conditions.more

The one-off payment will be paid automatically to people who receive certain disability benefits from September 20, the DWP said.more

Barristers have voted to go on an indefinite, uninterrupted strike in England and Wales from next month.more

Britain's economy, however, suffered its biggest decline in more than 300 years in 2020, according to revised GDP figures released yesterday by the Office for National Statistics (ONS). It fell by 11 per cent at the time as a result of the Covid-19 pandemic.more

Spiralling prices are continuing to hit under-pressure households in the cost of living crisis, with UK inflation hitting another 40-year high this week.more

The investment bank Citi forecasts that at the beginning of 2023 inflation in the United Kingdom will amount to 18.6%. year on year, and at its peak it will reach 20%. - the Financial Times reported today. The reason is soaring gas prices.more

Bankers expect an increased number of court cases on foreign currency mortgage loans both this year and next year. One of the reasons for this is the more expensive franc, reports "Rzeczpospolita" today.more

Households with smart meters could be paid for turning off high-energy appliances such as washing machines during peak times to reduce the risk of blackouts this winter.more

A rather unusual problem with millenials and generation Z has the authorities in the Land of the Cherry Blossom. It has emerged that young Japanese consume significantly less alcoholic beverages than their parents. Companies producing spirits are losing out, as is the state budget. Therefore, the Japanese government decided to organise a campaign to promote drinking.more

The UK's annual inflation rate rose to 10.1 per cent in July. - reported the Office for National Statistics (ONS) yesterday. This is another month when it is at its highest level in 40 years, but the first time since February 1982 that it has reached double digits.more

Supermarket bills in Great Britain will soar by £533, or more than £10 a week, as grocery price inflation hits its highest level since at least 2008.more

Pay has fallen further behind the rising cost of living, according the latest official data.more

A zero-interest loans scheme aimed at helping thousands of people who are struggling to put food on the table is being rolled out across the UK.more

Growing numbers of Britons are parting with their pets – from cats and dogs to snakes and lizards – as the cost-of-living crunch keeps biting.more

Some UK energy stations are preparing to hold emergency drills ahead of the winter amid fears supplies could be tight this winter. more

The UK economy shrank between April and June as experts forecast a gloomy outlook with recession on the horizon. The economy contracted by 0.1% in the second quarter of the year, the Office for National Statistics (ONS) said.more

Some low-paid workers on universal credit have missed out on the government’s first cost of living payment because of payroll quirks that removed their benefit entitlement during the key window set by the government.more

Pay rises could fall behind inflation by almost 8% later this year, marking the biggest fall in real wages for 100 years, according to analysis by the TUC.more

Business closures are on the rise in the Netherlands, reports the Dutch Bureau of Statistics (CBS). In the first six months of this year, 76,000 businesses were closed, the highest number in fifteen years.more

On Wednesday, the Government’s tax strategy papers were published ahead of next month's budget.more

Germany's inflation rate in July was 7.5 percent, which is lower than in previous months, but "remains at a high level." - The Federal Statistical Office (Destatis) reported yesterday. Food prices rose 14.8 percent in July compared to the same month last year.more

The number of homes available to rent across the country has plunged to a record low of just 716, causing the highest monthly rent increases in more than 15 years.more

A proposed redesign of the Royal Mail network could see Londoners waiting until 6pm for their post, it has been reported. The national postal service wants to push back deliveries in an attempt to speed up the delivery of parcels.more