Cost of Living
Andy Burnham pledges £340m to end long-term rough sleeping as first policy
Prime Minister Andy Burnham has pledged £340m to provide 1,200 homes and intensive support for at least 3,000 people in England to help end rough sleeping.
UK unemployment rate at 4.4 percent as vacancies fall for 31st period
The UK labour market shows signs of cooling as unemployment rose to 4.4% and job vacancies recorded their 31st consecutive period of decline. The ONS continues to adjust its methodology to address volatility in survey data.
Andy Burnham vows new politics as he formally accepts Labour leadership
Andy Burnham formally accepted the Labour Party leadership, promising a new era of politics centered on regional devolution and systemic economic reform.
Burnham faces scrutiny over £800m in taxpayer loans to Renaker
Andy Burnham faces scrutiny regarding the Greater Manchester Combined Authority's financial support for developer Renaker amid debates over housing policy. Critics question the lack of affordable homes as the region grapples with homelessness and ambitious regeneration targets.
Meet the Democrats running in Michigan’s 1st Congressional District
Candidates in Michigan's 1st Congressional District are highlighting economic concerns as voters prepare for the primary election on 4 August 2026.
Workers face fresh cost of living squeeze says new report
Families in the UK and US face increased financial strain as inflation outpaces wage growth, driven largely by rising energy prices and utility costs.
Andy Burnham eyes energy guarantee, rent freeze and £2 bus cap
Incoming Prime Minister Andy Burnham is shaping his government's agenda around economic relief, focusing on energy bills, housing, and public transport.
Why is Renting So Expensive in the US? - Miranda
Rental markets in the US and UK are grappling with a supply-demand imbalance and rising costs that place significant financial strain on households.
Green Party leader backs rent freeze research projecting 2bn annual saving
A new research report proposes that freezing private rents at 2024 levels could save the government £2bn annually and provide household savings. Green Party leader Zack Polanski has voiced his support for the findings as the debate over housing affordability continues.
US inflation data reveals purchasing power loss occurs in concentrated bursts
Analysis of over a century of data shows that most US purchasing power loss occurs in concentrated bursts. This creates a high-price baseline that persists even when headline inflation rates decline.
Pennsylvania approves $50.8 billion budget with key policy gaps
Pennsylvania lawmakers reached a bipartisan deal on a $50.8 billion budget that increases school funding but excludes proposals on the minimum wage.
Rachel Reeves faces backlash as Ofgem energy cap hike offsets cost measures
New data reveals an impending 13% energy price cap increase, with experts warning that this hike may leave many UK families facing a net loss in income.
UK food prices set for 50% rise as climate and energy shocks hit costs
New research from the ECIU warns that climate-driven environmental pressures and volatile energy markets are driving a rapid increase in food inflation.
UK energy bills to rise 13 percent as Ofgem price cap hits 1,862 pounds
A new Ofgem price cap has pushed typical annual energy bills to £1,862, driven by a 24% rise in gas unit rates. We outline the cost impact and steps for consumers to manage their household budgets.
Queensland government slashes domestic violence funding by 38 million dollars
The Queensland government has cut $38.5 million in domestic and family violence prevention funding while disbanding a specialist police operational unit. The cuts coincide with reported increases in domestic violence-related murders and concerns over the efficacy of protection orders.
UK households face continued financial strain from high rents and taxes
Despite cooling inflation, UK households are struggling with a permanent shift in price levels for housing and essentials. Rising tax burdens and stagnant income growth continue to erode financial stability.
UK inflation holds steady at 2.8 percent in May despite energy price rises
UK inflation held steady at 2.8% in May 2026, as a deceleration in food price growth countered significant upward pressure from the transport sector.
Bank of England holds interest rates at 3.75 percent in 7-2 vote
The Bank of England has paused interest rate cuts, opting to keep the base rate at 3.75 percent to address persistent economic volatility and energy shocks. The decision follows a divided vote from the Monetary Policy Committee as policymakers weigh inflation concerns against a fragile recovery.
Small businesses plan price hikes as inflation pressures persist
A majority of small-business owners intend to raise prices this year to offset persistent inflationary pressures, rising utility rates, and supply-chain costs. Despite these challenges, many firms remain optimistic about future revenue growth and expansion plans.
Right to Buy policy blamed for decades of UK social housing decline
Decades of public housing sales under the Right to Buy scheme have left over 1.3 million households on waiting lists. New government measures now seek to address this systemic decline and reform landlord practices.