Tag: households

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UK households hit by rising cost of living; Omicron pushes up US jobless claims – business live

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Rolling coverage of the latest economic and financial newsEarlier:

UK households facing ‘fuel stress’ will treble to 6.3m – thinktank

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The number of households suffering from “fuel stress” – those spending at least 10% of their family budgets on energy bills – is set to treble to 6.3m overnight when the new energy price cap comes in on 1 April, accor...

UK households suffer biggest fall in available cash in eight years

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UK households have suffered the sharpest fall in the amount of cash they have available to spend for almost eight years, amid a worsening cost of living crisis driven by high inflation and rising energy bills. Accordi...

Manchester electronic ad boards each use electricity of three households

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Hi-tech advertising screens that have been criticised for blocking pavements in Manchester each use the same amount of electricity as three households, the Guardian has learned. The council-branded screens, which beca...

What does 2022 hold for the UK economy and its households?

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Britain’s economy is beginning 2022 on the back foot as record numbers of coronavirus infections and tougher restrictions driven by the Omicron variant cloud the outlook for growth. It comes after a weaker pace of gro...

UK households warned of ‘year of the squeeze’ as cost of living soars

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UK households face a hit of £1,200 next year as stalling wages and rising tax and energy bills cause a “cost of living catastrophe” in the spring, a leading thinktank has warned. Government measures, including the new...

Whole households should stay home if one member gets Covid, say Sage advisers

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Whole households should cancel gatherings and visits to events if a single member tests positive for Covid, because others are probably infected too, according to government scientific advisers. The highly transmissib...

Nicola Sturgeon asks Scots to reduce contact with other households – video

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Emphasising that nobody should cancel their Christmas Day plans, Scotland's first minister has urged people socialising before and immediately after 25 December to limit their indoor socialising to no more than three ...

Green homes grant scheme helped just 15,000 low-income households

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The government’s flagship green homes grant scheme to help people install energy efficiency measures resulted in just 15,182 households on low incomes improving their property’s insulation, it has emerged. The £1.5bn ...

Budget 2021: IFS predicts ‘real pain’ for low-income households

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Rishi Sunak’s decision to raise taxes on workers amid high levels of inflation will squeeze living standards next year, causing “real pain” for low-income households, the Institute for Fiscal Studies has warned. Issui...

Third of low-income households unable to pay bills, finds research

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Nearly 4 million low-income households are behind on rent, bills or debt payments, up threefold since the pandemic hit, according to a study revealing the growing cost of the living crisis facing the UK’s poorest fami...

Schools should stay open as greatest risk of Covid transmission is in households, research finds

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Despite Delta being more transmissible than earlier Covid-19 variants, in Australia few children and adolescents who get the virus have severe symptoms, and schools should only be closed under exceptional circumstance...

142m households watched Squid Game, Netflix says as it adds 4.4m subscribers

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A “mind-boggling” 142m households have watched Netflix’s dystopian thriller Squid Game, the streaming company said on Tuesday. Announcing its latest quarterly results Netflix said it has added 4.4 million subscribers ...

British households will be £1,000 worse off next year, thinktank warns

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British households will be £1,000 worse off next year from a cost of living squeeze created by rising energy prices and shortages of workers and supplies caused by Covid and Brexit, a leading thinktank has warned. The...

UK ministers explore ways to cut soaring energy bills for poorest households

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Ministers are considering ways to cut energy bills for the poorest households amid soaring gas prices as analysis suggests a typical low-income UK family will be £1,750 worse off by next April. On Tuesday Boris Johns...

BT cuts broadband bills in half for struggling households

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BT has launched a £15 a month, broadband and phone “social tariff” aimed squarely at those on benefits or low incomes and allowing qualifying customers to halve their internet bills. About 4.6m households on universal...

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