Category Archives: Housing costs

Bank Rate rises. Inflation rate stubborn.

Posted on June 22, 2023 by Paul Evans

As widely expected, The Bank of England has increased rates to 5% from 4.5%. This is the 13th increase in a row, and it is a response to Inflation Rates that are remaining stubbornly high. The recently-announced May 2023 RPI … Continue reading →

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July inflation figures. There’s no good news here…

Posted on August 17, 2022 by Paul Evans

By now you will probably have seen this morning’s announcements about July’s inflation rates. CPI has reached 10.1% (RPI = 12.3% and CPIH = 8.8%). The Bank of England is predicting that it could go as high as 13% thanks … Continue reading →

Posted in Economics, Housing costs, Inflation, Low pay, Pay & inflation, Wages and Pay-rates, Wealth inequality | Tagged , , | Leave a comment

How inflation is affecting individual households

Posted on March 24, 2022 by Paul Evans

Further to the previous post on the cost of living, Bectu reps may wish to circulate this Office for National Statistics (ONS) page on how to calculate your personal cost-of-living changes.

Posted in Economics, Housing costs, Inflation, Low pay, Minimum wage rates, Pay & inflation, Wages and Pay-rates, Welfare and benefits | Tagged , | Leave a comment

New ‘Living Wage’ published

Posted on November 16, 2021 by Paul Evans

The Living Wage Foundation has published their new ‘Living Wage’ rates – up from £9.50 to £9.90 across the UK (40p increase), and from £10.85 up to £11.05 in London (20p increase). The Living Wage rates are the only rates … Continue reading →

Posted in Economics, Housing costs, Inflation, Low pay, Minimum wage rates, Pay & inflation, Wages and Pay-rates | Tagged , , | 2 Comments

Negotiating expenses for working in London (a guide for non-Londoners)

Posted on October 4, 2021 by Paul Evans

If (for example) you are based in Glasgow but you are asked to spend time working in London, what % uplift should you ask employers for when negotiating expenses? There’s a website called Numbeo that tracks and compares the cost … Continue reading →

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Self-employed difficulties with tenancies.

Posted on June 28, 2021 by Paul Evans

In some cases, the self-employed are finding it almost impossible to find tenancies because of fears over irregular incomes, reports The Times [£].

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Housing market update

Posted on June 16, 2021 by Paul Evans

Today’s news about inflation topping the 2% target (driven by consumer spending and rising fuel costs) opens up the question of a possible rise in interest rates. and House prices are still soaring (thanks to the Stamp Duty holiday among … Continue reading →

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