UK cost of living crisis

‘Gen Z exodus’: Record number of young people leaving the UK due to rising living costs

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'Gen Z exodus': Record number of young people leaving the UK due to rising living costs

Record numbers of young people are leaving the UK, with rising living costs and limited financial prospects leading to a sharp rise in youth immigration, a new report shows.According to the Office for National Statistics (ONS), 130,000 to 140,000 Britons aged 20 to 29 immigrated in the year to June 2025, well above the pre-pandemic … Read more

Middle East conflict drives up energy costs, hitting UK household incomes: report

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Middle East conflict drives up energy costs, hitting UK household incomes: report

Higher energy prices caused by the ongoing conflict in Iran will hit British households and could undermine a fragile recovery in living standards, according to a report by the Resolution Foundation.Typical working-age households in the UK could see their income fall by almost £500 this financial year as higher fuel and energy costs erode incomes, … Read more