Cost of Living

Retail sales fall 1.6% in August as cost of living begins to bite

Retail sales fell by 1.6% in August this year, due to rising prices and cost of living which are affecting…

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Footfall recovers in August despite cost of living crisis

Footfall has strengthened across UK retail destinations in August 2022 to -13.2% below 2019 compared with -14.2% in July 2022,…

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Energy price cap to rise by 80% to £3,549 from October

Ofgem has confirmed that the energy price cap will increase by 80% to a record £3,549 a year for dual…

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Gov agrees deal with grocers to help with cost of living crisis

The Government has agreed deals with major UK grocers, including Asda and Sainsburys, to help ease the cost of living…

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Cost of living crisis weighs on retail sales growth

High levels of inflation and the deepening cost of living crisis have prompted further slowing of retail sales growth, according…

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Cost of living crisis will not curtail Brits summer spending, M&S finds

The cost of a living crisis is not dampening UK consumers’ desires to make the most of this summer, according…

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Cost of living crisis could lead to ‘mild recession’, report warns

There is a rising risk of the UK economy falling into a “mild recession” due to the cost of living…

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High street footfall plummets amid cost of living strain

High street footfall fell 25% in May against the previous month, according to RSM UK’s analysis of the latest data…

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Boohoo announces sales drop amid cost of living crisis

Boohoo has announced that its revenues declined 8% in the first quarter of 2022, but are up 75% over the…

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Sainsbury’s to invest £500m to help with cost of living crisis

Sainsbury’s price investment is set to top £500m in a bid to help customers amid the ongoing cost of living…

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