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uSwitch News: Economy

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Banking 2 years ago

77% of wages ‘failing to keep up with inflation’

Despite Consumer Prices Index recently hitting lowest level since 2009, a uSwitch reports shows that pay rises for three quarters of Brits are failing to keep up with inflation

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Banking 2 years ago

Economic recovery ‘could fail 21% of UK workforce’

Report from the Living Wage Commission studies the impact of low pay on the UK economy

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Banking 2 years ago

Interest rate rise uncertainty growing

Rate rise would put millions of Britons in 'perilous debt', says think tank, but Bank of England says significant rises not needed following drop in unemployment rate

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Banking 2 years ago

Autumn Statement: 4 in 10 think they will be worse off

Britons also more likely to agree with Ed Balls than George Osborne over the government's 'cost of living denial'

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Banking 2 years ago

Bank of England scraps Funding for Lending for mortgages

The scheme will instead focus on lending for small to medium sized businesses in 2014

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Banking 2 years ago

Young shoppers more likely to buy ethically than older consumers

Under-35s are also twice as likely to use butchers and greengrocers than traditional supermarkets, say IGD ShopperVista

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Banking 2 years ago

Christmas shopping 2013 set to increase by 1.2%

Xmas spending is more likely than last year to be done online and paid for on credit

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Banking 2 years ago

Solihull ‘best place to live’ in UK Quality of Life Index

Scottish regions dominate the bottom of the Quality of Life Index, which measures income, life expectancy, household bills and broadband speeds

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Banking 2 years ago

UK growth forecasts upgraded

The IMF now expects the UK economy to expand by 1.4% in 2013 – more than any other G7 economy

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Banking 2 years ago

Financial independence ‘key measure of adulthood’

Research shows average 'grown-up' age is 29, as adult children rely on parents financially for longer

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