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Children in England ‘increasingly worried about impact of cost of living’

The children’s commissioner for England urged MPs to take urgent steps to tackle child poverty

The children’s commissioner for England has called on the government to develop urgent.. - source: The Guardian - 05.07.2022

Bank of England warns that economic outlook has ‘deteriorated materially’

UK households likely to face more inflationary pressures arising from Ukraine war, says central bank

The outlook for the UK and global economy has “deteriorated materially” due to.. - source: The Guardian - 05.07.2022

Sainsbury’s warns cost of living squeeze will intensify; UK car sales slide – business live

Rolling coverage of the latest economic and financial news

Sainsbury’s CEO: pressure on household budgets will only intensify this yearSainsbury’s sales fall as customers cut backSMMT: UK.. - source: The Guardian - 05.07.2022

Neglect Africa now and we will face labour shortages globally, IMF warns

West’s response to effects of Covid and Ukraine war condemned as shortsighted ‘collective failure’ to invest in future human capital

The international community would be “playing.. - source: The Guardian - 05.07.2022

‘It’s hard getting money to stretch’: single mothers say they need support

Women in Leicestershire on how soaring bills have hit their finances – and why one-off payments aren’t enough

Half of all children in lone-parent families are in relative poverty‘I’m.. - source: The Guardian - 05.07.2022

John McDonnell calls for strict price controls on fuel and food basics

Former shadow chancellor says a radical response needed to the worst cost of living crisis in a generation

The government should impose strict price controls on fuel and basic food items to.. - source: The Guardian - 04.07.2022

Germany records first monthly trade deficit since 1991 as inflation soars

May’s €1bn deficit came as rising prices, falling demand and supply chain disruption hit industrial base

Germany has recorded its first monthly trade deficit since 1991 amid soaring.. - source: The Guardian - 04.07.2022

Turkey hit with soaring prices as inflation reaches 24-year high

Growth in annual prices jumped from 73.5% in May to 78.6% in June, but the real rate could be double the official figure

Turkey’s official inflation rate jumped to almost 80% last month.. - source: The Guardian - 04.07.2022

Demand at UK’s biggest pawnbroker at record high amid cost of living crisis

Borrowing from H&T Group exceeds pre-Covid high with no relaxation of lending criteria

A record number of people are pawning items to borrow money from Britain’s largest pawnbroker.. - source: The Guardian - 04.07.2022

Poorest UK families ‘brutally exposed’ to cost of living squeeze, as lone parents bear brunt – business live

Rolling coverage of the latest economic and financial news

Resolution: Low UK income growth leaves families ‘brutally exposed’ to surging inflationIFS: Half of all children in lone-parent.. - source: The Guardian - 04.07.2022

Europe at risk of recession amid concerns Russia could cut gas supplies

Energy prices had already surged in second half of 2021 but Russia’s invasion of Ukraine has exacerbated this

Russia-Ukraine war: live updates

Europe faces a rising risk of recession.. - source: The Guardian - 04.07.2022

‘I’m really feeling the squeeze’: single mothers on the living costs crisis

Lone parents reveal how they have turned to food banks and benefits amid soaring fuel and food prices

Half of all children in lone-parent families are now living in relative poverty,.. - source: The Guardian - 03.07.2022

Half of all children in lone-parent families are in relative poverty

Exclusive: IFS study shows impact of Tory cuts to benefits and cost of living crisis on single mothers

‘I’m feeling the squeeze’: single mothers on the living costs crisis

Half of all.. - source: The Guardian - 03.07.2022

UK needs coherent plan with serious firepower for great economic escape

Productivity is key but boosting it will take public as much as private investment after years of neglect

Britain’s economy is at a turning point. Growth is slowing, with the rising.. - source: The Guardian - 03.07.2022

‘How are we supposed to live?’: fast-food workers squeezed by inflation

Workers at big chains struggle to make ends meet as prices increase but their wages have not

Minerva Rodriguez has worked at McDonald’s in Houston, Texas, for more than 23 years. She is.. - source: The Guardian - 03.07.2022

Is it back to the 1970s for the UK economy? Yes, but not in the way you think

When Marc Bolan was urging us to Get It On, life in the UK was very different but now, as then, pitiful levels of business investment make us all poorer

Britain is suffering a catastrophic.. - source: The Guardian - 02.07.2022

Dashboard of decline: seven charts that explain Britain’s economic crisis

The UK looks set for a recession and a longer battle with inflation than many of its neighbours. This is why

The UK is sliding towards a recession. Only six months ago, a strong recovery.. - source: The Guardian - 02.07.2022

Inflation in eurozone hits record 8.6% as Ukraine war continues

ECB plans first interest rate rise in 11 years as food prices increase and Putin’s invasion drives up energy costs

Inflation across the eurozone has soared to a fresh record of 8.6% in.. - source: The Guardian - 01.07.2022

Germany’s move to legalise cannabis expected to create ‘domino effect’

Coalition government consults health experts, economists and growers in race to clear legal hurdles within two years

Germany is mulling over the consequences of soon becoming the world’s.. - source: The Guardian - 01.07.2022

Factory slowdown fuels global recession fears as markets reel from $13tn tumble – business live

Rolling coverage of the latest economic and financial news

Slowdown at Asia-Pacific factories adds to global recession fearsMarkets suffered worst first-half to the year in decades$13 trillion.. - source: The Guardian - 01.07.2022