cost of living
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Cash-strapped councils handing tents to homeless
Chair of the LGA says there simply aren’t enough properties
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Shoppers spend less as costs increase
Bigger than expected decline in retail sales volumes recorded
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One in five homes ‘unaffordable’ by 2030
HBF says a fifth of households will be paying over a third of income on rent or mortgages
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Homeowners unable to afford homes doubles in a year
Increasing numbers are in “negative budgets” as household wealth plummets
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Retailers hurt as shoppers cut back spending
Total sales for February were up by 5.4%, but that was due to inflation
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Major mayors call for rent freeze and eviction ban
London’s Sadiq Khan, Manchester’s Andy Burnham and Liverpool’s Steve Rotheram all back a freeze
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Eight in 10 London renters struggling with rising costs
Critical workers, including nurses, teachers and carers, are being priced out of the capital
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The end (of the energy crisis) is nigh
Economists polled on the eve of Davos say tentative signs of recovery will appear in next 12 months
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A third of hospitality businesses face collapse within ‘weeks or months’
A survey led by UKHospitality shows 35% expect to be operating at a loss or unviable by the year end
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Property companies rally to support staff in cost-of-living crisis
Companies reveal plans to offer financial support to employees
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Network of ‘warm banks’ to launch in public spaces
UK councils prepare to open up public spaces for people unable to heat their homes this winter
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Grainger gives employees £1,000 as cost-of-living crisis bites
Chief executive Helen Gordon says staff should feel “reassured that we understand the challenges”