Browsing: cost-of-living crisis News
Brits Plan Extreme Cutbacks to Save Over £2,000 in 2026, From DIY Haircuts to Swapping Gyms for Tins
As 2026 begins, millions of Brits are entering a time of extreme frugality. They are cutting back on everyday luxuries and changing their habits in a…
More than a third of individuals aged 60 or over are encountering financial challenges as they near retirement, as revealed by recent research. The findings illustrate…
DPD Group has navigated a challenging economic landscape, marked by the cost of living crisis and soaring inflation.The company’s turnover for 2023 slightly decreased by 1.3%,…
Independent department store Fenwick has revealed a pre-tax loss of £28.4m, attributing it to the cost-of-living crisis and changes in the retail sector.The loss contrasts sharply…
A recent survey highlights the financial challenges faced by many UK workers.Data reveals that 23% of UK adults have run out of money before payday.Young workers…
In a surprising turn of events, Mondelēz UK’s profits dropped dramatically in 2023, despite a notable increase in sales.The confectionery giant saw a 33% decrease in…
As the UK government prepares to unveil its “painful” October budget, businesses and individuals face anticipated financial difficulties.Employers are being strongly advised to prioritise financial wellbeing,…
Lakeland, a kitchenware retailer, has reported widening losses amid significant economic challenges.The company experienced an increase in pre-tax losses from over £1.1 million to nearly £2…
Lakeland, the kitchenware retailer, is grappling with intensified financial difficulties as it navigates through highly volatile economic terrain. The organisation’s annual financial report reveals a significant…
Canon’s UK arm reports a significant rise in sales, yet remains unprofitable.The company cut its pre-tax loss from £7.3m to £5.1m in 2023.Turnover rose impressively from…
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