The Panama Canal Authority has extended restrictions on vessel transit until September 2nd, limiting the maximum number of passing vessels per day to 32. These measures, attributed to a delayed rainy season, may exacerbate pressures on consumer goods pricing, raising concerns among
A Tesco shopper was left gobsmacked after discovering a receipt from 1997 stuffed in an old cassette case. In almost pristine condition, it showed the stark reality of inflation with products differing considerably in cost. The 22 item shop in June 1997
Global prices for food commodities like rice and vegetable oil have risen for the first time in months after Russia pulled out of a wartime agreement allowing Ukraine to ship grain to the world, and India restricted some of its rice exports,
Vladimir Putin’s withdrawal from the Black Sea Grain Initiative, as well as Russia’s subsequent bombing campaign of Ukrainian ports, has precipitated a “dark cloud” over the global food market as consumers could see hikes in costs. Food inflation was already high post-pandemic
House prices will crash by 25 percent if interest rates keep rising with higher borrowing costs sparking the greatest drop in wealth since World War Two, a think tank has said. Rising interest rates have caused household wealth across Britain to fall
Supermarket giant Sainsbury’s has reportedly extended its Nectar Prices scheme to involve even more products. The supermarket is offering a third off on products including lamb mince and beef burgers. It means that Nectar customers can now benefit from discounts on around 3,500
House prices in the UK soared to record highs in 2022 – reaching £293,000 on average in September – and have only just begun cooling off. Coupled with the crippling effects of the cost-of-living crisis, many had to shelve their homeowning dreams
Farmers have taken over the airport in the northern Mexico city of Culiacan to protest low prices for their corn and wheat crops. While the three-day blockade in Sinaloa state has caused the cancellation of dozens of flights, it has not drawn
Saudi Arabia plans to reduce how much oil it sends to global economy, meaning US oil prices may rise
Saudi Arabia will reduce how much oil it sends to the global economy, taking a unilateral step to prop up the sagging price of crude after two previous cuts to supply by major producing countries in the OPEC+ alliance failed to push
Welsh locals have railed against second home owners they claim have ruined their little town on the country’s idyllic west coast. Nefyn, a village in Snowdonia, north Wales, sits beside sandy beaches in a coastal enclave protected by high cliffs. But, despite