The latest news and articles covering the cost of living in the UK as prices increase and a crisis takes hold. Cost of living refers to the amount of money needed to cover basic expenses, such as housing, food, energy bills, and healthcare.
We’re used to hearing northern voices in human-interest stories as victims of the cost of living crisis, but rarely as the voices holding the Prime Minister to account directly.
Leading economists have warned house prices could tumble by 10-15% in the coming months, which coul see borrowers face steep increases in their monthly repayments.