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Government to offer cash payouts for people in financial crisis
A new funding scheme will give access to emergency cash for people on low incomes across England. The Crisis and Resilience Fund beginning at the start of April will provide £1bn annually for the next three years. People will be able to apply for emergency funds through their local council, whether or not they currently…
1975: Could you do your food shop just once a year?
It’s a chore we all have to do regularly but in 1975 Nationwide went grocery shopping with a couple who bought all their supplies yearly rather than weekly. By borrowing a van and enlisting the help of supermarket staff to push their multiple bulging trollies outside to the carpark, the pair reckoned their £122 annual…
US Fed Chair Jerome Powell under criminal investigation
Federal prosecutors have opened a criminal investigation into Federal Reserve Chairman Jerome Powell, he said on Sunday. In a video announcing the probe, Powell said the US justice department served the agency with subpoenas and threatened a criminal indictment over testimony he gave to a Senate committee about renovations to Federal Reserve buildings. He called…
CPI inflation: Price increases in the US ease in November
Natalie ShermanBusiness reporter Bloomberg via Getty Images Price increases in the US eased in recent months, as costs for items including hotels, milk and some kinds of clothing fell. The latest figures from the Labor Department showed prices rose 2.7% over the 12 months to November. That pace was down from 3% in September and…
North Tyneside Warm Welcome hubs an important helping hand
People struggling with high heating bills and other cost-of-living pressures are being encouraged to use a series of “Warm Welcome” spaces this winter. More than 20 places across North Tyneside, including community hubs, libraries and churches, are taking part in the scheme, which also sees free food and drink offered alongside a range of activities….
