Sep 8, 2022 | Current Affairs
The UK's most energy-intensive industries will likely be impacted most by the ongoing energy crisis, according to a report from the Office for National Statistics (ONS). According to the survey, the UK's most energy-intensive industry in 2019 was electricity, gas,...
Sep 6, 2022 | Current Affairs
UK business leaders expect inflation to reach 14% before the end of this year, signalling the country's entry into recession. The British Chamber of Commerce (BCC) forecasts a recession following the UK economy's contraction for three consecutive quarters between Q2...
Sep 1, 2022 | Current Affairs
The Federation of Small Businesses (FSB) is calling on the Government to support smaller businesses this winter after reports of a future rise to the energy price cap. In response to the news, the price cap is set to increase to £3,549 in October, Martin McTague,...
Aug 17, 2022 | Current Affairs
Inflation according to the customer prices index has risen to 10.1% in the 12 months up to July, up from 9.4% in June, says the Office for National Statistics. Food prices, energy bills, petrol and diesel were all leading contributors to the highest increase in...
Aug 16, 2022 | Current Affairs
The Office for National Statistics (ONS) has announced that regular pay fell at a record rate of 3% between April and June this year. Not only did wages fall for workers around the country, but the rising cost of energy bills and higher fuel and food prices continued...