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cost of living

  • Consumer confidence slips in latest setback for Labour 

    February 27, 2026

    Consumer confidence slipped slightly in February despite hopes of a turnaround, adding to fears the UK economy could slump this year.  A closely-monitored survey conducted by the research firm GfK said consumer confidence dropped by three points to -19. The reading reflects dampened spirits among British consumers in what will likely worry Labour strategists keen [...]

  • Uber prices set to soar as ministers introduce VAT crackdown

    January 2, 2026

    Prices on ride hailing apps like Uber are set to soar, after the government ploughed ahead with a promise to apply VAT to online mini cab companies despite warnings from the industry that the move would worsen the cost of living. From Friday, private hire vehicle operators in London will no longer be able to [...]

  • FTSE 100 Live: Budget to send borrowing costs soaring; New AIM IPO

    December 4, 2025

    Good morning and welcome back to the City PM liveblog. Sir Keir Starmer has asked the British public to judge his premiership on the government’s ability to “make people feel better off”. Well, in the capital the Prime Minister shouldn’t be expecting a warm reception from young Brits, who are feeling the pinch of the [...]

  • Majority of young voters consider leaving London due to cost of living

    December 3, 2025

    A majority of young Londoners have considered leaving the capital due to the high cost of living, with one in four actively looking into moving, according to a new survey. Just under half – 47 per cent – of all Londoners have thought about moving out of the capital, with that figure rising to 54 [...]

  • Three quarters of Brits think UK ‘heading in wrong direction’ as Budget looms

    November 12, 2025

    The UK is heading in the wrong direction, most Brits believe, in the latest sign of rising gloom about the state of the country’s economy.  A City PM/Freshwater Strategy poll has shown that 76 per cent of voters are pessimistic about the future of the country, the highest level of pessimism recorded since our polling [...]

  • ABF: Primark owner’s shares sink as sales slow at FTSE 100 giant

    September 10, 2025

    Shares in Primark owner Associated British Foods (ABF) have plunged after posting what analysts branded a “mixed bag” of results. The FTSE 100 warned that challenging conditions were weighing on the company’s trading, listing consumer caution, geopolitical uncertainty and inflation as top factors. Shares plunged 13 per cent on the news to their lowest value [...]

  • The public won’t reward government overspending – just ask Ed Miliband

    September 10, 2025

    Ed Miliband went on and on about the cost of living crisis in 2015, but he lost that election because the public could see his sums on spending didn’t add up. Cuts, not tax rises, are the only way to avert a crisis, says John O’Connell We are in a cost of living crisis. Aren’t [...]

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