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Cost of living

Cost of living: Shares of ASOS and Boohoo fall as the economic crisis causes a jump in returns

Creative Media NewsThursday, 16 June 2022, 21:000

The new CEO of ASOS asserts that there is a direct correlation between the rise in the cost of living and the growth in sales, as consumers become more hesitant to make large purchases for fear of falling short. The stock prices of online clothes retailers ASOS and Boohoo have plummeted after both disclosed rising...

Cost of living: Eight million households will get assistance payments beginning in July.

Creative Media NewsWednesday, 15 June 2022, 10:210

Last month, it was revealed that low-income households receiving benefits will receive £326 per month as part of a £21 billion support package to help with rising costs. Last month, it was revealed that low-income households receiving benefits will receive £326 per month as part of a £21 billion support package to help with rising...

Cost of living: Products hit hardest with the aid of hovering expenses found out as grocery inflation at maximum degree in 13 years

Creative Media NewsTuesday, 24 May 2022, 12:050

Kantar Worldpanel, which gives information across the grocery quarter, says its degree of grocery inflation jumped by extra than 1% over its closing reporting period to 7% – with signs and symptoms the peak is a long way from being reached. Kantar Worldpanel stated its measure of inflation in supermarkets had risen to 7% from...

Cost of living: Energy chief says any windfall tax should fall upon ‘those with the broadest shoulders’

Creative Media NewsMonday, 23 May 2022, 12:130

One out of 8,000,000 records with energy provider E.ON in the UK are as of now falling behind financially, and CEO Michael Lewis anticipates that that should ascend by half come October. Michael Lewis, E.ON’s CEO, additionally said energy controller Ofgem expected to take a gander at why prepayment meter clients are paying more for...

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