News in the Fast Lane: Your essential UK and global news and politics
Over the last couple of years we’ve heard about the cost of living crisis and rates of inflation. What does that actually look like in real life though? Here’s a list of 20 products and services that were once reasonably priced, but now are surprisingly expensive. 1. Takeaway Food Whilst they’ve never been cheap, prices … Read more
The government is using yesterday’s drop in inflation to show they’re the party to trust when it comes to the economy. Some commentators are suggesting all is not quite as good as it seems though, saying they’re painting “too rosy” a picture on the data. Hunt Opens By Claiming Credit Following the announcement that inflation … Read more
Rishi Sunak must be welcoming some long-awaited good news… The consumer price index (CPI) reported that inflation dropped to 3.4% in February, the lowest figure since September 2021. The question is though, why are we all still skint? Fresh Data Shows Inflation Falling Economists had predicted a drop in inflation to 3.5%, so today’s figures … Read more
As a likely Tory loss in the general election draws ever closer, Rishi Sunak faces fresh challenges from within his own party. The PM must be getting battle-weary by now… Defection By a Former Ally For Rishi Sunak, it doesn’t rain – it pours. Over the last two weeks former Tory Chair Lee Anderson left … Read more
Despite the government introducing targets around a greener future, the National Audit Office (NAO) has warned that heat pumps are too expensive and many people are unaware of them. Heat Pump Sales Are Worryingly Slow Despite offering a route to cheaper, greener heating and hot water, heat pump sales are slow in the UK. According … Read more