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Average monthly cost of owning 3-bed home is £500 a year less than renting, but the gap is narrowingHomeowners in the UK are nearly £500 better off a year than renters, according to new research from Halifax.The average monthly cost of owning a three-b…
Probes announced in the UK and US over failure of California lender as financial markets recovered from Monday’s turmoil Inquiries into the collapse of Silicon Valley Bank (SVB) and its UK arm have been announced in Britain and America, as financial ma…
Employment increased in January as younger employees returned to workplace, says ONSHunt aims to push people back to work just as jobs market weakensUK wage growth slowed in the three months to January, despite inflation staying stubbornly high, prolon…
Chancellor is trying to to increase employment, but redundancies are up and wage growth has slowedUK pay growth slowdown adds to inflation squeeze on householdsThe last set of labour market figures before the budget provides a stark illustration of the…
E-bikes, home security cameras and frozen berries added to ONS list in sign of changing shopping habitsTwo ubiquitous consumer items of the 1990s – alcopops and CDs – will no longer count towards the monthly update of Britain’s cost of living after the…
Analysis by UK union shows large corporations have improved profits with price rises in cost of living crisisLarge corporations have fuelled inflation with price increases that go beyond rising raw materials and wages costs, pushing shopping bills to r…
The chancellor has room for giveaways in this week’s budget, but business and consumer groups fear he will hold them back for the electionJeremy Hunt is under pressure to be generous when he delivers his first budget speech since he became chancellor l…
Industry leaders expected to call for state intervention to avoid failure of hundreds of UK firmsThe UK government is coordinating an emergency meeting with tech firms, who are expected to call for state intervention to avoid the failure of hundreds of…
US regulators seize SVB’s assets after a run on the bank, as global institutions monitor situation closelyWhy did Silicon Valley Bank fail?US regulators rushed to seize the assets of top tech lender Silicon Valley Bank on Friday after a run on the bank…
From May, loyalty card holders will collect 3p of points for every £1 spent at health and beauty chain, down from 4pBoots is cutting the points per pound shoppers can earn on their loyalty card by a quarter, while offering discounts on its own-brand pr…