Cost Of Living General Issues
UK savings levels fall as cost of living outpaces wage growthResearch from Lloyds shows that UK savings levels are falling as people struggle with the higher cost of living at a time of low wage growth. |
Millions of people have no mortgage or rent safety netHousing charity Shelter has warned that 8 million people are just one payday away from not being able to pay their mortgage or rent. |
15 million Brits not currently saving any money at allUK household savings have fallen, according to a new report by Scottish Widows that shows 57% have cut back on savings and a third of people make no savings at all. |
One-third of Brits cannot afford to pay unexpected billsA new report on poverty and social exclusion shows that it is increasingly difficult for UK households to pay regular bills and meet emergency costs. |
Christmas paid for on credit by half of UK populationA new survey by consumer group Which? says that almost half of Brits have not paid for Christmas costs directly but have relied on credit to cover the costs. |
Inflation means household essentials rise to record £483pwOfficial data from the Office for National Statistics (ONS) shows that the average UK household spent £483.60 a week in 2011, up by £10 from 2010. |
Markit: UK household finances at most optimistic for two yearsThe latest Markit Household Finance Index shows the slowest deterioration in UK household finances for two years with savings under less pressure and the outlook improved. |
Inflation rise threatens to strangle recoveryThe consumer prices index rose from 2.2% in September to 2.7% in October, a bigger jump than expected caused by rising tuition fees and higher food prices. |
Cameron's "strivers" face stagnant incomes until 2020A new report by the Resolution Foundation suggests that unless urgent action is taken to protect middle-earners, their income level won't recover to 2000 levels until 2020. |
Lodger numbers double in 2012 as households struggle with billsNew research reveals that the number of households taking in lodgers has doubled in 2012 as households struggle to pay household bills and mortgages. |
UK families more upbeat about money but inflation fears riseThe latest Markit household finances index shows UK families are more optimistic about theor money than at any time in the last 30 months but are concerned about inflation. |
Inflation fall masks likely winter rise due to energy and fuel pricesInflation fell slightly in August down to 2.5% but higher fuel, food and energy costs make it likely that inflation could prove sticky over the winter. |
Inflation expected to fall slightly to 2.5% in AugustThis morning sees the release of the latest inflation figures which are expected to show a marginal fall in the consumer prices index to 2.5 per cent. |
CEBR says household incomes will rise from 2013The Centre for Economics and Business Research (CEBR) says that households will see a rise in income for the first time in five years from 2013 as inflation eases. |
Extreme weather could lead to big food price hikes warns OxfamOxfam has warned that extreme weather like the drought that has ravaged US crops this year could mean food prices rise by 120 per cent from the higher level they will already be at in 2030. |
Intergenerational living up as families care for old and help young saveA new report by Aviva reveals that more generations of the same family are living together to help young people save and to care for elderly relatives. |
Two new reports outline decline in consumer financesThe latest Lloyds TSB Spending Power report shows that consumers have no more spare money for discretionary purchases than 12 months ago. |
AA warns that petrol prices set to rise to record highThe AA warns that petrol and diesel prices rose by 2.5 per cent in July and are on course to reach a record high by the end of August and could damage the economy. |
UK households need £4,000 a month net income to feel secureNew research suggests that the average UK household needs to find an extra £1,500 a month just to feel financially secure as salary increases fail to keep pace with rising prices. |
Commuters face misery of 6.2% average fare rises for 2013Today's inflation figures mean that commuters face an average 6.2 per cent increase in rail fares after the retail prices index rose from 2.8 per cent to 3.2 per cent. |
Inflation unexpectedly up in July as cost of air travel risesThe consumer prices index measure of inflation rose to 2.6 per cent as air travel and clothing costs went up in July. The rise is unexpected but unlikely to lead to a change in monetary policy. |
Inflation set to remain at 2.4% in JulyInflation is expected to stabilise at 2.4 per cent in July under the consumer prices index (CPI) due to retail discounting and a rise in oil prices. |
UK motorists benefit from inaccurate petrol pumpsUK motorists are getting up to 4.4 per cent more fuel because of inaccurate petrol pump readings, according to new research from the AA. |
ONS: Household disposable income levels at lowest since 2005Official data out from the Office for National Statistics shows that disposable incone dropped in the first quarter of 2012 to the lowest level for seven years. |
Markit household finance index shows squeeze is easingThe latest Markit Household Finance Index for July shows that the deterioration in household finances fell by the lowest rate since December 2010 but job concerns are still prevalent. |
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