living-standards
BankingUK Raises Minimum Wage by 6.7% in Boost for Workers, Despite Employer Unease
BusinessBritain Outlines Details of Closely Watched Workers’ Rights Plan
Top StoriesBritons’ Cost-Of-Living Crisis Habits Will Endure, Says Sainsbury’s Boss
Top StoriesOne in Seven Britons Faced Hunger in 2022, Says Food Bank Charity
UK Income Inequality Widens After Pandemic Dip
Date: January 26, 2023
By David Milliken LONDON (Reuters) – British income inequality rose to a three-year high in the 2021/22 financial year after a dip during the coronavirus pandemic, but remains below peaks seen in the run-up to the 2008 financial crisis, official figures showed on Wednesday. The median British household had after-tax income – including wages, cash...
British Shoppers Defy Cost-Of-Living Crisis at Christmas
Date: January 5, 2023
By James Davey and Sarah Young LONDON (Reuters) -Britons spent more than expected over Christmas, Next, one of the country’s biggest clothing retailers, said on Thursday in a sign that resilient shoppers helped the sector dodge a cost-of-living crisis that threatened to hit festive sales. But a slowdown looms this year, said Next warning that...
Best Countries to Live In
Date: December 29, 2022
There are many different places on the planet where you can live and enjoy yourself. Amongst these are Norway, France, and Switzerland. Each has its own unique characteristics and appeal. You should consider each of these countries before making your final decision. Norway Norway is one of the best countries to live in for many...
UK to Launch New Billion-Pound Home Insulation Programme
Date: November 28, 2022
LONDON (Reuters) – Britain’s government intends to make 1 billion pounds ($1.2 billion) of public funding available for home insulation projects from early next year, widening access to assistance that was previously only available to poorer households. The government said the proposed scheme would run from early 2023 until March 2026 and would help meet...
Sunak to Raise Britain’s Minimum Wage -The Times
Date: November 15, 2022
(Reuters) – British Prime Minister Rishi Sunak will increase the national living wage and give 8 million households cost-of-living payments worth up to 1,100 pounds($1,292.61), The Times reported on Monday. Chancellor of the Exchequer Jeremy Hunt and Sunak will accept an official recommendation to increase the living wage from 9.50 pounds an hour to about...
Young Greeks Priced Out as Inflation, Rents Soar
Date: October 26, 2022
By George Georgiopoulos and Lefteris Papadimas ATHENS (Reuters) – Like many young Greeks trying to live within their means, Christina Pappas had to look for a cheaper flat in an Athens suburb after her rent went up and was relieved to find one through word of mouth. At 200 euros ($197.20) per month, she got...