Oxford Street in London. Retail sales in the UK rose 1. 4 per cent in April, while inflation soared to 9 per cent, the highest rate in 40 years. EPA
Oxford Street in London. Retail sales in the UK rose 1. 4 per cent in April, while inflation soared to 9 per cent, the highest rate in 40 years. EPA

Business

Economy

Cost-of-living gap between the UK's rich and poor at highest on record, says study

Lower-income households spend a greater share of their family budgets on energy bills, which are rising sharply, the Resolution Foundation says

Press Association

May 21, 2022