UK Housing Market Slowdown Continues as Cost of Living Soars
The UK's housing market is experiencing a slowdown, with residential property sales dropping by 8% from the previous month, according to data from HM Revenue and Customs (HMRC).
Meanwhile, the cost of living is increasing, with the average cost of a barbecue for four people rising by 22.5% to £7, due to higher prices for essentials such as burgers, chicken, and drinks.
In Wales, care workers have secured a 15% pay increase, while in England, the government is facing criticism for its handling of the cost of living crisis, with some energy companies accused of overcharging their customers.
Finally, some Waitrose branches in the UK have been left bare of fresh products due to a system issue, leading to complaints from shoppers.
The article discusses various news stories related to the economy and business.
In the UK, there is a shortage of some products due to low stock levels in some branches of Waitrose, but the issue has been fixed.
Longer lorries are now allowed on British roads, and the Confederation of British Industry (CBI) is holding a vote on its future.
Mortgage rates have increased following a warning to home buyers/owners to act quickly to secure a deal or renewal due to inflation figures coming in higher than expected.
Families on Universal Credit will receive more money for childcare from the end of June.
Customers of Now Broadband are facing a £42 per year price increase, but those who subscribe to its social tariff will not experience any price hikes, and customers who are affected may cancel their service without incurring any penalties.
In Wales, care workers have secured a 15% pay increase, while in England, the government is facing criticism for its handling of the cost of living crisis, with some energy companies accused of overcharging their customers.
Finally, some Waitrose branches in the UK have been left bare of fresh products due to a system issue, leading to complaints from shoppers.
The article discusses various news stories related to the economy and business.
In the UK, there is a shortage of some products due to low stock levels in some branches of Waitrose, but the issue has been fixed.
Longer lorries are now allowed on British roads, and the Confederation of British Industry (CBI) is holding a vote on its future.
Mortgage rates have increased following a warning to home buyers/owners to act quickly to secure a deal or renewal due to inflation figures coming in higher than expected.
Families on Universal Credit will receive more money for childcare from the end of June.
Customers of Now Broadband are facing a £42 per year price increase, but those who subscribe to its social tariff will not experience any price hikes, and customers who are affected may cancel their service without incurring any penalties.