From the Daily Mirror: Passport fees are set for “whopping” rises of up to 27% just days before the start of Easter holidays.
From The Guardian: The government has admitted households are feeling the pain from rising inflation after the cost of living rose to a near six-year high of 3.1% in November.
The annual inflation rate has more than doubled from 1.2% to 3.1% in the past year – its highest level since March 2012.
Frances O’Grady, the TUC general secretary, said: “Christmas dinner is going to be a lot more expensive this year. Food prices have gone up at twice the rate of wages.
“The government is failing to deal with Britain’s cost of living crisis. Working people need a pay rise. They shouldn’t have to worry about putting the turkey on the table.”
From London Evening Standard: An analysis by the Rail, Maritime and Transport union (RMT) showed that rail fares have risen by around 32 per cent in eight years, while average weekly earnings have only grown by 16 per cent.
From The Guardian: UK rents are expected to rise faster than house prices over the next five years, bringing further misery to Britain’s growing army of renters, according to a survey.
The Royal Institution of Chartered Surveyors has predicted that rents will increase by just over 25% in the coming years, while property values are set to grow by less than 20%.