cost of living

Newly elected Conservative Party of Canada (CPC) leader Pierre Poilievre promised to fight for the working class in his first caucus speech.

Foreign Secretary Liz Truss, the runaway favourite to succeed Boris Johnson as Conservative (Tory) Party leader and Prime Minister next week, has promised “immediate help” with soaring energy bills – but refuses to outline specific policies.

Boris Johnson is reportedly set to beg that the future leadership of Britain keep pushing his net zero green agenda, despite the fact that the country faces a crippling energy crisis.

The European Union now faces up to ten years of “terrible” winters of energy insecurity as a result of its green agenda, with many nations in the bloc having gotten themselves addicted to Russian gas in service of climate crazy ideals.

Spanish populist party VOX has vowed to challenge the newly passed energy decree in Spain’s constitutional court, claiming the decree violates the rights of Spaniards.

LONDON (AP) – Stinking piles of garbage on the streets of Edinburgh are threatening the health and safety of the public, a health authority warned Saturday as strikes by garbage collectors in the Scottish capital moved into their ninth day.

UK residents will see an 80 per cent increase in their annual household energy bills, the country’s energy regulator announced Friday, following a record 54 per cent spike in April. That will bring costs for the average customer from 1,971 pounds ($2,332) a year to 3,549 pounds.

Swedish electricity prices have increased 400 per cent since last year as costs for other goods such as food and alcoholic beverages continue to rise as well.

LONDON (AP) – Thousands of UK train drivers walked off the job Saturday in a strike over jobs, pay and conditions, scuppering services across much of the country. The action was the latest in a spreading series of strikes by British workers seeking substantial raises to offset soaring prices for food and fuel.

The British Broadcasting Corporation (BBC) has expressed dismay that Brexit has temporarily delayed efforts to normalise the consumption of bugs to achieve “net zero”.

The Bank of England has warned that the British economy is heading into a protracted recession as it raised interest rates to fight inflation.

The UK will see inflation such on an “astronomical” scale that the savings of millions will be wiped out by the high cost of living and taxes.

A majority of Britons fear the energy and cost of living crisis will end in people unable to heat their homes in winter dying and riots on the streets.

Officials from the UK’s National Grid have sworn to the public that the country will avoid blackouts this winter, though they have admitted that prices will end up being “very high”.

One in five British households now has a “negative disposable income” in which they are £60 short of meeting their essential needs.

Schools and hotels in Britain and Ireland are reportedly now struggling to keep some beef dishes on the menu due to ever-inflating prices.

In an example of a tangible benefit of leaving the European Union, the United Kingdom is planning on cutting import tariffs on food products.

Those struggling with the ongoing cost of living crisis may be paid not to use energy in the hopes of averting rolling blackouts.

While the vast majority of Europeans support sanctions, less than half do if they mean price rises, which experience suggests they are.

Thousands of people marched through central London on Saturday in a protest over the soaring cost of living in Britain.

The cost of living crisis is mostly the result of lockdowns of the economy rather than the war in Ukraine, UK lawmakers were told.

LONDON (AP) – The average cost of filling up a typical family car has exceeded 100 pounds ($125) for the first time in Britain, as Russia’s war in Ukraine drives gasoline prices higher.

President Biden’s approval on the economy has dropped 19 points in the last year as Americans identify it as one of the most important issues facing the country, a May NBC News survey found. 

President Joe Biden’s inflation is set to delay 25 percent of Americans from retirement, a Tuesday BMO Real Financial Progress Index survey revealed.

Hungary’s Prime Minister Viktor Orbán will impose a temporary windfall tax on banks and multinationals which he says are profiting from the Ukraine war, to protect Hungarians from energy bill increases and enhance the military.

Prime Minister Boris Johnson has said that the still will “put our arms around the British people again as we did during Covid” amid the cost of living and inflationary crisis.

Inflation rose to the highest level in 40 years in Britain last month as the war in Ukraine fueled further increases in food and fuel prices.

The high level of inflation may last for years in Britain, a former top economist from the Bank of England has warned.

The Spanish leftist government, along with neighbouring Portugal, have moved to cap gas prices at 50 euros per megawatt-hour in a bid to reduce growing electricity costs for citizens and businesses. Both Spain and Portugal announced Tuesday that they have

Nearly nine in ten Britons have reported an increase to their cost of living, with about a quarter of adults struggling to make ends meet.

Prime Minister Boris Johnson has lashed out against “prejudice” against his leftist green agenda among members of his own Conservative Party, and shot down proposals to lift of taxes on energy bills.

The UK is reportedly considering a reversal of its Build Back Better agenda by scrapping energy bill taxes used to subsidise green projects.

Inflation in the United Kingdom has risen to the highest level in 30 years last month, spurred on by the spiralling costs of fuel, which saw the sharpest spike in prices since records began. According to the Office for National

ROME (AP) – The United Nations says prices for world food commodities like grains and vegetable oils reached their highest levels ever last month due to fallout from the war in Ukraine.

The growing cost of living crisis in Britain has seen grocery price inflation hit its highest level in ten years.

Inflation has risen at the fastest rate in almost 30 years as increased costs for energy, housing and transportation squeezed budgets.