U.K. Prime Minister Andy Burnham has announced the removal of the tax on home electricity to provide cost-of-living relief. The government will fund this by cancelling plans for a digital ID to maintain fiscal discipline.

Inflation slowed to 2.6% in June, driven by declines in fuel, clothing, and food prices. Economists warn that rising energy costs may trigger a future rebound.

Prime Minister Andy Burnham announced the elimination of VAT on household electricity to help with rising living costs. The cut is funded by scrapping a digital-ID programme, a decision that has faced criticism regarding its financing.

The cost for a standard adult online passport application has risen to £102 as the British passport's global ranking continues to decline.

New UK Prime Minister Andy Burnham has pledged a "breathing-space" agenda, targeting personal tax allowances and housing to combat the rising cost of living.

Recent data from the Office for National Statistics indicates that persistent costs for food and energy continue to strain British households. While inflation has slowed, the affordability crisis remains a primary concern for the public and policymakers.

Incoming Prime Minister Andy Burnham plans to shift government focus toward economic relief and public service reform after his unopposed Labour leadership victory.

The government is launching a nationwide initiative offering free unlimited bus travel for children aged five to 15 throughout August.

Incoming Prime Minister Andy Burnham is considering a fundamental overhaul of the UK energy market, including removing policy levies to cut household bills.

Singapore's largest bank is offering customers savings on staple groceries at 129 Giant and Sheng Siong outlets to help households manage expenses.

Candidates in Michigan's 1st Congressional District are highlighting economic concerns as voters prepare for the primary election on 4 August 2026.

Families in the UK and US face increased financial strain as inflation outpaces wage growth, driven largely by rising energy prices and utility costs.

Incoming Prime Minister Andy Burnham is shaping his government's agenda around economic relief, focusing on energy bills, housing, and public transport.

Rental markets in the US and UK are grappling with a supply-demand imbalance and rising costs that place significant financial strain on households.

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.

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.

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.

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 held steady at 2.8% in May 2026, as a deceleration in food price growth countered significant upward pressure from the transport sector.

Housing has become the primary financial burden for EU households, with average expenditure reaching 19.7% of disposable income in 2023. This report examines regional disparities and the disproportionate impact of housing costs on lower-income families.