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

Rebel energy goes bust.

Energy firm Rebel Energy goes bust, leaving 80,000 customers without a supplier

Car road taxes have a number of changes for 2025

'April cruel day' Car road tax changes explained from price increases to new bands

Person handling house bills and receipt with calculator

Why are bills going up so much? Reasons behind council tax and energy bill price surge

Energy price cap increase

Households urged to seek fixed energy deals as latest price cap hike takes effect

Exclusive
Bills are set to rise this April

'Awful April' price hikes: Full list of bills going up as fuming Brits brand increases 'horrendous' and 'unfair'

Sir Keir Starmer visit to US

UK expecting to be hit by Donald Trump’s tariffs this week – No 10

A Tesla car plugged into a charging point in central London

How is car tax changing?

Brits are set to be £1,400 by 2030, a new study suggests

Average family to be '£1,400 worse off' by 2030, study finds

Reduced price supermarket sticker on a loaf of white sliced bread close up

Major British supermarket to give away free food as £0 ‘yellow stickers’ trial looks set to slash waste

Shoppers are being warned of rising food prices in 2025 as a result of the Budget

Food prices are not 'going anywhere but up' in 2025, warns retail body

Exclusive
Almost half of mums reducing working hours as families struggle with childcare costs, LBC can reveal.

Almost half of mums reducing working hours as families struggle with childcare costs, LBC can reveal

BRITAIN-ECONOMY-RETAIL-FOOD

Food prices tipped to soar nearly 5% in 2025

Exclusive
Students take gap years and ‘neglect studies’ as survey suggests Edinburgh rents skyrocketed by nearly two thirds in a year.

Students take gap years and ‘neglect studies’ as survey suggests Edinburgh rents skyrocketed by nearly two thirds in a year
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Chancellor Rachel Reeves admits she was wrong to say she wouldn't have to raise taxes before election

This year's Budget increased state spending by almost £70 billion per year

Chancellor seeks to calm markets after Budget borrowing spree sparks jitters

Key point of Rachel Reeves's budget

Budget 2024: Key points at a glance

Exclusive
Car insurance is more expensive in more deprived parts of the UK

Car insurance costs hundreds of pounds more for drivers living in deprived areas

The average household energy bill is set to rise by £149 a year today, raising the financial burden on UK households.

Household energy bills rise by £149 a year today as Ofgem increases price cap by 10%

Tory leadership hopeful Tom Tugendhat refuses to commit to reversing Labour's cuts to the winter fuel payment

Tory leadership hopeful Tom Tugendhat refuses to commit to reversing Labour's cuts to the winter fuel payment

Rachel Reeves speaks to The News Agents

‘We’re going to have to increase taxes’, says Reeves, but rules out rises to VAT, National Insurance and income tax

It's time to scrap the two-child limit, says leader of the largest investigation of the cap's impact on families.

Forget politics, think families: It's time to scrap two-child limit

Rishi Sunak pledges tax cuts on LBC

Sunak pledges further tax cut after inflation drops to two per cent

Inflation has fallen to its lowest level in three years

UK inflation rate falls to lowest level in three years hitting Bank of England target

London flat advert written from the perspective of cats offering mattress in living room for £1,000pm goes viral

London flat advert written from the perspective of cats and offering mattress in living room for £1,000pm goes viral

Chancellor Jeremy Hunt (L), Andrew Bailey (R)

Chancellor warns Bank of England against cutting interest rates too quickly warning inflation could spike again

Supermarkets have been warned they must start selling items at the appropriate price levels

Grocery stores caught charging wrong prices for everyday staples including coffee and crisps - see full list of items

Lidl is planning to expand across the country

Lidl set to open hundreds of new stores across the UK - here's how you could earn £20k by helping them

Inflation now stands at its lowest level in two-and-a-half years

Inflation eases to 3.2% putting pressure on Bank of England to cut interest rates

Many people are still struggling with bills

Number of people missing bill payments comes down, although millions still struggling financially

Michael Gove has slammed the water firm as a 'disgrace'.

Thames Water bosses branded a ‘disgrace’ as Michael Gove tells firm ‘not to punish consumers’ for its failings

Jeremy Hunt is "monitoring" the situation

Millions of Brits face 40% increase in bills after Thames Water shareholders refuse to give £500 million cash injection

Fights break out in Preston Tesco over 'reduced to clear' section amid cost of living crisis

Fights break out in Tesco over 'reduced to clear' section as security increased amid cost of living crisis

More Latest News

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NHS hospitals and buildings are plagued by rats, cockroaches, silverfish and other pests, results from the latest staff survey have revealed.

Hospital of horrors: NHS 'plagued by rats and cockroaches' as well as 'sewage leaks and crumbling ceilings'

Sadiq Khan will get new powers to overrule councils that block pubs and clubs opening late

Boost for London's nightlife as Khan goes to war with local councils that block pubs and clubs opening late

Bruce Springsteen

Bruce Springsteen to put out seven 'lost' albums of unreleased songs

Val Kilmer & Tom Cruise in Top Gun

Tom Cruise breaks silence on 'dear friend' Val Kilmer's death with emotional tribute to Top Gun co-star

Virginia Giuffre

Woman driving Prince Andrew accuser Virginia Giuffre during crash that left her with 'four days to live' breaks silence

Prescot, Merseyside

Girl, 13, dies in horror Merseyside house fire as five children escape unharmed

File photo of a Harris hawk

Dive-bombing hawk that terrorised village with string of blood-soaked attacks finally caught by local hero

Exclusive
'Donald Trump has made Putin comfortable,' Mikhail Khodorkovsky has warned

'Trump has made Putin comfortable' despite massive Ukraine war losses, exiled former oligarch tells LBC

New images show the moment the two ships collided.

New images show moment of North Sea crash as investigation reveals neither ship had a 'dedicated lookout'

Washington, DC, USA. 15 Apr 2017. A balloon caricature of President Donald Trump appears at the Tax March protest near the U.S. Capitol.

Buy US chlorinated chicken in return for lower tariffs, Trump tells Britain

From jeans to jet fuel and firearms to whiskey: Britain unveils lengthy list of US items facing tariffs

From jeans to jet fuel and firearms to whisky: Britain unveils lengthy list of US items facing tariffs

Forensic investigators at Milton Keynes train station after a man was shot dead by armed police officers.

Knifeman shot dead by police in Milton Keynes after moving 'at speed' towards officers named for first time

The bodies of Andrew Searle and his wife Dawn were discovered by a neighbour.

British couple found dead in south of France home being ‘treated as murder-suicide’

Kerri Pegg, former governor of HMP Kirkham,

Prison governor denies relationship with drug boss 'Jesse Pinkman' after flip flops carrying his DNA found in her flat

Julie Goodyear as Bet Lynch. Her husband has now deleted a recent photograph of the actress which he shared in honour of her 83rd birthday on Wednesday

Julie Goodyear's husband removes rare photo of Coronation Street star after dementia diagnosis amid blacklash

The vehicle was later extinguished after the driver, covered in flames, emerged from the vehicle.

Amsterdam Dam Square car explosion sees driver engulfed in flames - just days after mass stabbing

Latest News

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Kanye West confirms that him and Bianca Censori have split.

Kanye West confirms split from wife Bianca Censori as rapper claims she 'tried to have me committed'
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Pictured: US tourist arrested for sailing to remote island and leaving a can of Coke for world's most isolated tribe
The female athlete took a knee instead of competing against a transgender athlete in a fencing tournament.

Fencing row erupts as US athlete takes knee instead of competing against transgender athlete
Luton Airport

Luton Airport expansion plans approved by transport secretary despite environmental concerns
police officer uk jacket

Boy, 15, locked up after stabbing girl, 13, with sword and leaving her to die by side of motorway
The UK's charity watchdog has launched a probe into Prince Harry’s Sentebale charity

Prince Harry speaks out as he attacks 'blatant lies' amid investigation into Sentebale charity
M5 closed in both directions after body found on motorway sparking police investigation

M5 closed in both directions after body found on motorway sparking police investigation

Lucy

Expert panel claims 'no criminal offences committed' in Lucy Letby case after bombshell new report into baby deaths
The Sentinelese are a pre-Neolithic tribe that rejects contact with the modern world

US tourist arrested for sailing to remote island and leaving a can of Coke for the world's most isolated tribe to try
Full runners and riders confirmed for Saturday's Grand National

Grand National 2025 runners and riders confirmed as full 34-horse line-up revealed

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

Meghan's lifestyle brand has sold out

Meghan's £22 honey and £11 jam sell out within an hour - along with everything else in her new lifestyle brand
Meghan Markle's 'With Love Meghan' lifestyle series had mixed reviews

Revealed: Eye-watering prices of Meghan's lifestyle products including limited edition honey and flower sprinkles
Dr Sophie Chandauka has accused Prince Harry of bullying

Charity boss who accused Prince Harry of 'harassment and bullying' forced off social media

Highlights & Opinion

See more Highlights & Opinion

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?

We're one of Britain's top private health insurers - here's why we're offering customers weight-loss jabs

We're one of Britain's top private health insurers - here's why we're offering customers weight-loss jabs

More Topics

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