UK food prices “could hit 9% this year” as the Iran war pushes up energy prices

UK food prices "could hit 9% this year" as the Iran war pushes up energy prices

Food price rises could hit 9% in the UK this year, even if the strait of Hormuz opens in the next few weeks, figures suggest, as the Iran war raises energy prices. The Food and Drink Association, which represents 12,000 food and drink producers, has predicted that prices will rise by “at least” 9% by … Read more

Hiring recently hit unprecedented levels as economy ‘virtually shut down’ during COVID, top economist says | Good luck

Hiring recently hit unprecedented levels as economy 'virtually shut down' during COVID, top economist says | Good luck

The Bureau of Labor Statistics reported Tuesday that the hiring rate fell to 3.1% in February, with just 4.8 million new hires, the lowest since April 2020. Job openings fell to 6.9 million, down 358,000 from January. The unemployment rate was lower at 1.9%, while the unemployment rate remained at 1.1%, and the number of … Read more

Decisions made over a decade ago will hit home

Decisions made over a decade ago will hit home

In 2013, Shell closed its Clyde refinery on the Paramatta River, and a year later, Caltex closed Kurnell in Botany Bay. That was the time when Australia went from being self-sufficient in petrol and diesel to relying on imports. The oil shocks of the 1970s were forgotten. We endured a decade of recession like everybody … Read more

Labor set to hit UK households with ‘triple blow’ austerity

Labor is set to hit UK households with savings

UK families face a “double whammy” for the Labor government’s rescuers. Labor set to hit UK households with ‘triple blow’ austerity Labor is set to hit UK households with a “triple punch” as they clamp down on savings. UK families face “t“riple blow” for the saviors of the Labor Party government. In a warning before … Read more