World Food Prices Are Climbing Closer Toward a Record High Due To ‘Fallout From Energy Crisis’ – ‘Oil prices climb to new 7-year high’
https://finance.yahoo.com/news/world-food-prices-climbing-closer-095351142.html (Bloomberg) — Global food prices jumped toward a record last month, further adding to the surging cost of living for consumers. The United Nations’ index of prices rose 1.1% in January, pushed up by more expensive vegetable oils and dairy. The gauge is edging closer to 2011’s all-time high, and unfavorable weather for crops […]
Britons face biggest drop in living standards since records began
https://www.thetimes.co.uk/article/britons-facing-biggest-drop-in-living-standards-ttw2rnnf5?mc_cid=ad1b90475b&mc_eid=0b1369f9f8 Britons face biggest drop in living standards since records began The Times, February 4, 2022 Households will experience the biggest fall in their living standards since records began as they face soaring inflation, tax increases and rising energy bills. In a bleak assessment of the year ahead, the Bank of England warned people that take-home […]