Leading UK economic think tanks have issued a stark warning that British households face a significant and sustained fall in living standards, with the official growth forecast effectively stagnating.
The United States experienced a significant slowdown in job creation during September, with unemployment seeing a slight increase. This pause in hiring by American employers comes just weeks before crucial midterm elections.
The average price of diesel at UK pumps has surpassed two pounds per litre for the first time, with the RAC motoring organisation reporting a new high of 200.01 pence. This increase is primarily attributed to rising oil prices and a weaker pound.
Diesel prices in the UK have surpassed £2 per litre for the first time, according to the RAC. The motoring organisation noted that price increases show no signs of abating, impacting drivers significantly.
