Faisal Islam: The cost of living crisis isn't over

Quick Summary:

Inflation is easing, but many people are still struggling to afford the basics.

These harrowing stories come as energy bills rise during what could be a cold winter for the first time since the peak of the energy crisis when Russia invaded Ukraine over two years ago.

Much depends, as numerous members of the Bank of England have suggested, on the pass through of Budget measures into prices and wages.

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Article Details

Category: Business

Markets: United KingdomUkraine

Topics: Inflation Interest Energy England Prices Crisis Bank Rates Rate Cost Living

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 13:28:14 (12 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 785 words

Reading Time: 5 minutes read

Sentences: 35 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 23720399

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 9 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 12 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #43

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