More misery for commuters as it is announced train ticket price will go up by 5.9% next March

Rail fares to rise AGAIN! More misery for commuters as it is announced train ticket price will go up by 5.9% next March in another blow for Brits struggling with cost of living crisis It comes following a year plagued by cancellations and disruptions due to strikes Transport Secretary Mark Harper said he was capping … Read more

Most Americans will pay less tax in 2023 – but cut still sits below rise in cost of living

Americans will see their 2023 tax bills reduced after the IRS increased its brackets by 6.7 percent due to soaring inflation. The updated tax brackets, released on Tuesday, mean that tens of thousands of Americans will fall into lower brackets and save hundreds when filing their returns.  The uprate was automatically triggered by inflation, which … Read more

Millions may lose 10% pension hike to match inflation as Liz Truss refuses to confirm ‘triple-lock’

Millions of British pensioners face losing money after Liz Truss refused to stand by a pledge to increase the state payout in line with inflation.  Downing Street today refused to confirm the under-pressure PM will keep the ‘triple-lock’ designed to guarantee the elderly do not miss out if prices spike. Retaining the lock, which increases … Read more

Westpac survey on why the richest Australians are the most worried about surging interest rates

Australia’s richest people are the most worried about surging interest rates even though they don’t have to pay off a mortgage, a major bank has revealed. A Westpac-Melbourne Institute consumer sentiment survey for July showed those who owned their own home outright were the most worried about rate rises to curb climbing inflation. When asked … Read more

Psaki warns price rises will be ‘extraordinarily elevated’ because of the war in Ukraine

President Joe Biden‘s administration tried to get ahead of more dire inflation news, as the March consumer price index report will be released Tuesday. White House press secretary Jen Psaki said during Monday’s briefing that the White House expected ‘headline inflation to be extraordinarily elevated due to Putin‘s price hike.’    Last month the same report … Read more

Rishi’s popularity with Tory activists slumps amid cost-of-living crisis

Rishi’s popularity with Tory activists slumps amid cost-of-living crisis and backlash at mini-Budget… while Ben Wallace stays top Rishi Sunak has slipped down the Cabinet rankings among the Tory grass roots Regular ConservativeHome survey of readers is closely watched by ministers Defence Secretary Ben Wallace is top amid plaudits for his Ukraine response   By James … Read more

Sadiq Khan hikes Tube and bus fees by up to 20p as he blames government for price rise

Bus and tube fares in London are set to rise by up to 20p a journey – in yet another cost of living blow for those living in the capital. With Londoners already facing spiraling gas bills and rising inflation, today Sadiq Khan heaped on more misery by raising prices by almost 5 per cent … Read more