Brexit ‘no deal’ will hit poorest hardest as import prices soar, new report shows
Over 3m low-income families would be about £500 worse off as tariffs on EU goods are imposed and high street prices rise.
economy
Britain’s self-employment boom relies on a diminution of workers’ rights
15 per cent of the British workforce are now self-employed but this often comes at the cost of job security and employer obligations such as pensions and sick pay.
Labour should champion a 1940s-style paradigm shift in the economy
The UK economy is not working. Dramatic reform is needed now.
8.3m people have personal debt problems — it’s a bubble waiting to burst
Personal debt in Britain stands at £200bn and grows by 10 per cent a year. Any increase in interest rates could tip millions over the edge.
Despite high employment, the economy is not working for everyone
It is no longer generating rising earnings for a majority of the population, and young people today are set to be poorer than their parents.
Rail fares to rise at fastest rate in 5 years exacerbating cost of living crisis
The hike in rail fares will make life even harder for struggling households seeing the cost of goods and services rising, wages dropping and consumer debt growing.
Economic growth reliant on household debt – is this the next crisis?
A ‘spiral of complacency’ over consumer debt is posing a huge risk to the UK economy, the Bank of England has warned.
Student debt is causing mid-life tax crisis, study finds
Claims that the tuition fee system is progressive aren’t supported by the evidence, this report finds.
The latest inflation figures will be out tomorrow, here’s why there’s no need for alarm
Tomorrow, the latest inflation figures will be published. The reaction, if recent months are a guide, will be panic and alarm at the continuing high level of consumer prices, the impact on household budgets and the possibility of rising interesttest
Disposable income falling at fastest rate in six years
Real household income, a key measure of living standards, fell by 2 per cent in the first quarter of 2017.