Boris Johnson ‘plans to carry out a Cabinet reshuffle and tackle cost of living crisis’

A reset for the great survivor: Boris Johnson ‘plans to carry out a Cabinet reshuffle and put tackling the cost of living at the heart of Tory priorities’ by the summer after a bruising night at the polls The PM to carry out major government ‘reset’ in the form of a Cabinet reshuffle Sources said … Read more

Cost of living crisis sees first-time buyers delay home purchases

The homebuying squeeze: Cost of living crisis sees 70% of first-time buyers now delay stepping onto the property Seven out of 10 first-time buyers are delaying step onto the property ladder  The homebuying delays are attributed to the cost of living crisis in new report By Myra Butterworth For MailOnline Published: 08:37 BST, 5 May … Read more

Kwarteng urges the UK’s oil and gas giants to reinvest profits to help ease cost of living crisis 

Business Secretary Kwasi Kwarteng urges the UK’s oil and gas giants to reinvest their profits to help ease the cost of living crisis Kwasi Kwarteng has ordered the oil and gas giants to reinvest their profits He wants them to boost the UK’s energy supply and help the cost of living crisis  Energy firms have been … Read more

Millions of households are waiting for £150 council tax rebate .. so when can you expect yours? 

Millions of households across the country are waiting to receive their £150 council tax rebate, that was due to be distributed from this month. In February, chancellor Rishi Sunak announced the support payment for eligible households in council tax bands A to D.  This is around 20 million households.  It is being distributed to help … Read more

UK supermarkets slash hundreds of prices as inflation exacerbates cost-of-living crisis

Supermarkets are slashing the prices of hundreds of products as customers face a cost-of-living crisis – with Asda and Morrisons reducing the cost of tea bags, eggs, meat and cereal by up to 13 per cent on average. As part of plans to invest £73 million and supports its staff, Asda is also increasing the … Read more

Food banks warning as 1.3m parents are expected to turn to emergency handouts as bills rise

Food banks warning as 1.3m parents are expected to turn to emergency handouts when cost of living crisis starts to bite One in ten parents are ‘very likely’ to need a foodbank in the next three months Around 1.3million are struggling with food bills, with parents skipping meals One in five have been unable to … Read more

Crackdown on borrowers taking big mortgages and failing to clear debts

Forget a sneaky trip to the Maldives! Crackdown on borrowers who take out big mortgages and spend money they promised would clear debts Mortgage brokers say borrowers face greater scrutiny amid cost of living crisis   Borrowers must use extra borrowing to clear debts or risk being found out By Myra Butterworth For MailOnline Published: 03:41 … Read more

JP Morgan chief Jamie Dimon raises alarm over US recession

Dimon raises the alarm over a looming US recession: JP Morgan boss warns of effects of inflation and Ukraine war By Hugo Duncan and Lucy White For The Daily Mail Published: 17:14 EDT, 13 April 2022 | Updated: 03:59 EDT, 14 April 2022 One of the world’s best-known bankers has warned a recession in the … Read more