Cost of Living

Cost of Living

Britain has been hit by a cost of living crisis which has seen the costs of everyday essentials such as energy, transport and food rise faster than household incomes.

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Latest Cost of Living News

A new tourist tax will hit a UK city.

Major UK city will soon charge 'tourist tax' for overnight stays

Lisa Nandy

TV licence fee 'unenforceable' and 'unfair to women', Culture Secretary warns

Household energy bills are set to fall in July after Donald Trump's trade tariffs caused a slump in global gas prices, according to a leading forecaster.

UK energy bills to fall by 9% in July after three years of price rises - as Trump tariffs trigger gas price slump

Aerial view of campus of University of Dundee in Dundee, Tayside, Scotland, UK

Hundreds of staff ‘overwhelmingly’ back strike action as university plans 700 job cuts

Private car parks are set to issue tickets at a record rate

Record number of private parking tickets set to be issued this year - with over 40,000 drivers stung every day

The head of Edinburgh University has said "around 350" staff have taken voluntary redundancy as the sector wrestles with a financial crisis, with more jobs being potentially cut.

350 staff at top university take voluntary redundancy and more jobs on the line

Ed Miliband told LBC he isn't going to 'take a decision' that will raise prices for some parts of Britain

Ed Miliband 'not going to take a decision' on zonal energy prices that will raise bills in some parts of Britain

Four-finger KitKat biscuits, lying on top of several unopened packs

KitKat maker Nestle reveals steep price hikes for coffee and chocolate

Andrew Bailey said the UK must take impact of trade wars on global economic growth 'very seriously'.

UK can't afford to ignore trade war risks, says Bank governor - as Trump's tariffs cause global disruption and uncertainty
Piggy bank with money

Retirement savers could boost savings by £1,000 under new plan for small pension pots

Water coming out of a tap

Devon residents without water to receive £200 compensation, says MP

A home heat pump

Heat pumps to be sold with ‘smart’ function under plans to save households money

Three Medway Council workers walking along Rochester High Street in Kent in the UK.

More than 1.5 million council workers offered pay increase of 3.2%, as lowest paid workers to get £6,000 increase

Nationwide has cut mortgage rates as low as 3.89%

Nationwide cuts mortgage rate as banks announce changes that could allow people to borrow more

GMB union members on the picket line outside Shieldhall Waste Water Treatment works in Govan, Glasgow

Scottish Water staff strike over pay dispute

Money saving Investment concept boat coin pound UK

'Little and often' key to building financial goals and resilience over a lifetime, expert claims

Supermarket cheese costing just £3.80 crowned best in UK

Supermarket cheese costing just £3.80 beats big-brand names to be crowned best in UK

File photo dated 11/09/18 of models of a man and woman standing on a pile of coins and bank notes. More than a third (35%) of Gen-Z adults aged 18 to 21 worry about their finances every day, according to research for a major bank.

One third of 18 to 21-year-olds in the UK ‘worry about money every day’, study finds

Estate Agent for sale signs outside a block of flats in Slough, Berkshire. The Government has announced the UK Price Index for February.

Mortgage price war approaches as lenders slash rates to lure homebuyers

Energy bills could rise once again.

Brits could face £100 more in household bills if UK signs up to EU Net Zero scheme, Tories claim

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Chocolate prices up by nearly 50 percent since 2022 as extreme weather blamed for 'Chocflation'

The Prime Minister (pictured with President Ursula von der Leyen) is looking to use a summit in May to align the UK and EU emissions trading schemes

Brits brace for another rise in household energy bills as Sir Keir Starmer 'plans to join EU net zero deal'

Schools are paying for cookers, beds and food for families living in poverty, school leaders have said.

Schools paying for beds and food for families living in poverty

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UK house price growth accelerates as buyers ‘rushed’ to beat stamp duty rises

Inflation has dropped. here is what it means for you

Why has inflation fallen and what does it mean for households?

UK inflation slowed down for the second month in a row in March.

UK inflation falls to 2.6% as pressure grows on Bank of England to cut interest rates

The council with the most second homes is Cornwall by a distance.

Second home owners using obscure loophole to dodge rising council tax bills in Britain’s holiday hotspots

UK households are set to face 'hidden costs' due to 'climate breakdown'

Households in the UK set to face £3,000 'hidden costs' this year due to 'climate breakdown' and 'extreme weather'

Flowers on sale at the Chiswick Flower Market, London.

Warm weather and Mother’s Day spending gives retailers March boost

Pub owners have been calling last orders, or shutting, as early as 9pm after Reeves hikes tax on businesses.

Pubs shutting at 9pm to cut costs after Reeves' tax hike

People walk past a PS5 billboard outside the PlayStation UK offices in Soho as Sony increases the prices of its PlayStation 5 video game console following the impact of Trump tariffs on the global economy.

Sony hikes Playstation 5 price by 25 per cent due to 'economic challenges' in the wake of Trump's tariffs

Workers are set to feel the force of aggressive saving tactics by UK companies amidst fears of Donald Trump's tariff plans.

UK businesses 'to slash hiring rates' amid fears for economy after Trump imposes tariffs

More Latest News

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Philip Lowrie has died

Original Coronation Street star Philip Lowrie dies aged 88

German ambassador Miguel Berger

EU youth mobility scheme is 'no-brainer', German ambassador to UK tells LBC

rowds during the funeral of Pope Francis in St. Peter’s Square on April 26, 2025 in Vatican City

Hundreds of thousands gather for Pope's funeral, as mourners reminded of Francis' call to 'build bridges, not walls'

Shocking images have emerged of the blast

Huge blast at Iranian port kills at least four and leaves over 500 injured, as explosion captured in shocking footage

Zelenskyy has met with Trump, Starmer and Macron

Zelenskyy hails 'potentially historic' Trump talk in Vatican - as Ukraine leader also meets Starmer and Macron

British Prime Minister Keir Starmer, center left, arrives for the funeral of Pope Francis in St. Peter's Square at the Vatican.

The delicate diplomacy of the seating plan for the Pope’s funeral revealed

Pope Francis' coffin passes in front of the Colosseum on its way to the Basilica of Santa Maria Maggiore on April 26

LIVE: Pope Francis' coffin at church for burial after funeral procession through Rome

People queue trying to reach St. Peter's Square ahead of the funeral of Pope Francis at the Vatican.

Crowds gather for funeral of Pope Francis as world leaders arrive to pay respects

The injectable weight-loss drug Ozempic

What you need to know about weight loss jabs and how to make them work effectively

Mr Dutton was killed in the collision, at the junction on Brown Heath Road between the villages of Waverton and Christleton in Cheshire.

‘Distracted’ dentist avoids jail after killing cycling pensioner

"For sure it's a mental thing, it's not tactical or technical," said Enzo Maresca.

'It’s a mental thing': Enzo Maresca reveals reason behind Cole Palmer’s struggles

Virginia Roberts Giuffre, with a photo of herself as a teen, when she says she was abused by Jeffrey Epstein, Ghislaine Maxwell and Prince Andrew, among others.

'Fierce warrior' Virginia Giuffre, survivor of Jeffrey Epstein abuse and Prince Andrew accuser, dies by suicide aged 41

The demonstration made its way to popular tourist spot, Weyler Square

'Without fear there is no change': Furious protesters to target holidaying Brits at airports and tourist hotspots

Ioan Gruffudd and Bianca Wallace have tied the knot

Titanic and Marvel star Ioan Gruffudd marries partner Bianca Wallace in intimate ceremony

Mummy Pig revealed the gender of her baby.

Mummy Pig's having a...! Peppa Pig's mother announces new piglet's gender at iconic London spot

CBB announced its winner

Celebrity Big Brother announces winner of latest series

Latest News

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Rupert Murdoch

Rupert Murdoch's company accused of 'actively undermining' Met's phone-hacking investigation
Paul Butler, who killed his estranged wife in a 'frenzied' and 'brutal' attack, has been served a minimum term of 27 years for the murder of Plymouth university lecturer Claire Chick.

'Evil' man who killed Plymouth university lecturer in 'brutal' jealousy-fuelled attack jailed for 27 years
Visitors and mourners pay their respects to the body of Pope Francis

How the late Pope Francis's funeral will unfold

Luigi Mangione appears at a hearing for the murder of UHC CEO Brian Thompson at Manhattan Criminal Court on February 21, 2025 in New York City.

Luigi Mangione pleads not guilty to federal murder charge over CEO killing as US pushes for death penalty
President Donald Trump and first lady Melania Trump arrive on Air Force One at Rome's Leonardo da Vinci International airport

World leaders arrive for Pope’s funeral as 150,000 mourners pay respects

Moscow says Vladimir Putin has had 'constructive' talks with Donald Trump's envoy at the Kremlin.

Trump envoy holds ‘constructive’ talks with Putin hours after top Russian general killed in Moscow car bomb
Displaced Palestinians crowd with outstretched hands and containers to receive hot meals distributed by aid organizations at the Jabalia Refugee Camp in northern Gaza City, Gaza on April 24, 2025.

UN runs out of food aid in Gaza as Israel continues total blockade, ending 'critical lifeline' for hundreds of thousands
Christina Howell was handed a hospital order under the Mental Health Act, after previously admitting manslaughter by reason of diminished responsibility

Woman killed man in unprovoked racist attack after asking to be sent back to hospital

A huge mountain of rubbish bags and other waste block rows of terraced housing on Primrose Avenue in the Sparkbrook area of Birmingham as refuse workers continue to strike, 15th April, 2025.

Warning issued as Birmingham resident had to be given oxygen after burning recycling inside home amid bin strike
Laurence Fox arrived at court wearing grey jeans, a light blue shirt and a black cap

Laurence Fox pleads not guilty to sharing upskirting photo of TV star Narinder Kaur

The News Explained

See more The News Explained

Crowded Piccadilly Line train at station on London Underground

Piccadilly Line to part-close this weekend for two weeks: Here's what you need to know

Rishi Sunak outside 10 Downing Street

Rishi Sunak facts: Height, wife, children and policies revealed

Big Freeze

Arctic blast sets off government's Cold Weather Payment - but are you eligible for the £25 off energy bills?

Royals

See more Royals

Virginia Giuffre

Prince Andrew's ex slammed for 'sick' response to death of Virginia Giuffre

The Princess Royal lays a wreath at the Lone Pine Memorial in the Lone Pine Cemetery on the Gallipoli Peninsula.

Princess Anne remembers brave Anzacs in their own words at Gallipoli

The King and Queen will host a tea party for Second World War veterans as part of celebrations marking the 80th anniversary of VE Day, Buckingham Palace said.

King Charles and Queen Camilla to throw palace tea party to mark VE Day anniversary

Highlights & Opinion

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The last minute rescue of British Steel is not a win. It demonstrates how uncompetitive our nation has become
Cedric Neal, Desmonda Cathabel, Victoria Hamilton-Barritt, Femi Akinfolarin and Laura Delany, in the Hadestown.

Hadestown: A wonderful West End spectacle with memorable music

President Zelenskyy

Defiant and unrepentant: My meeting with Zelenskyy, writes Andrew Marr

The UK is stuck in a morass of mediocrity triggered by indecisive action over two decades.

The UK is stuck in a morass of mediocrity triggered by indecisive action over two decades

Kanye West recently went on an "antisemitic rampage" on X.

There can be no debate about Kanye West - he clearly hates Jewish people and should be challenged on it
My apprenticeship took me from school leaver to radio producer at 19 - here’s why it’s a path worth exploring

My apprenticeship took me from school leaver to radio producer at 19 - here’s why it’s a path worth exploring
David Lammy and Chinese Foreign Minister Wang Yi.

China is targeting critics on British soil - so why is David Lammy rolling out the red carpet?
Now that Trump has released the classified files on JFK when is the UK going to do the same with Diana and David Kelly?

Now that Trump has released the classified files on JFK when is the UK going to do the same with Diana and David Kelly?
Kim Leadbeater’s Assisted Dying Commission makes a safe Bill even safer.

Kim Leadbeater’s Assisted Dying Commission makes a safe Bill even safer

Why should alcohol be allowed at the World Cup in Saudi Arabia?

Why should alcohol be allowed at the World Cup in Saudi Arabia?

More Topics

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War in Ukraine

Cost of Living Crisis

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NHS

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