Press play to listen to this article Voiced by artificial intelligence. LONDON — It might be a new year, but England’s cherished public health service is facing the same old problems. And its legions of striking junior doctors are just getting started. From January 3, junior doctors working for the National Health Service in England will … Read more
It was another record-breaking year for Canada’s richest CEOs. In one work day, and less than a half hour into the new year — 27 minutes to be exact — Canada’s 100 highest-paid CEOs will have already earned the average worker’s annual salary, according to a new study by the Canadian Centre for Policy Alternatives (CCPA). It translates to roughly … Read more
In a blow to consumers across Great Britain, energy bills are set to increase by five per cent following a rise in the energy price cap. The announcement, made by the regulator Ofgem, has sparked concerns among households already grappling with economic uncertainties and the ongoing challenges posed by the COVID-19 pandemic. The average annual … Read more
In December, shop prices maintained their upward trajectory, rising by 4.3 per cent, as a surge in prices for non-food items offset a slight easing of costs on food. The rate of increase in in-store prices compared to the same period last year remained consistent with the inflation rate observed in November, following several months … Read more
It’s been a long time since economic data in Canada showed very much promise. The last 18 months have been defined by a cost of living crisis and a slowing economy. But a handful of economic indicators give us some hope for 2024. Inflation has slowed dramatically, and the economy didn’t actually slip into recession. … Read more
Warehouse stores in Canada aren’t just selling large quantities of toilet paper these days — gold bars and coins and other precious metals are moving out of the realm of banking and jewellers and into their aisles. With gold hitting record-high prices in recent weeks, the metal’s popularity has been reflected at retailers, too. According to Costco’s chief financial officer, … Read more
2023 was marked by crisis, transition and conflict. As the war in Ukraine dragged into its second year, the EU was confronted with yet another conflict on its doorstep: The Israel-Hamas war, which brought fresh instability to the Middle East and exacerbated divisions between EU countries. Europe now heads into a big election year and … Read more
A FedEx worker delivers packages in New York, May 9, 2022. Andrew Kelly | Reuters After years of unbridled consumer spending on everything from home improvement to dream vacations, some companies are now finding the limits of their pricing power. Shipping giant FedEx last week said customers have shied away from speedier, pricier shipping options. … Read more
Data has emerged indicating a 50 per cent surge in hospital parking fees in England within the span of just one year. The figures, brought to light by the Liberal Democrats, expose the financial burden shouldered by visitors and patients, who collectively paid a staggering £146 million for parking during the 2022/23 fiscal year, equivalent … Read more
Amid high inflation, rising operating costs and shrinking Canadian demand, clothing designers in Nova Scotia say they’re struggling to find a sustainable business model. Designers say they’ve had to adjust to significant changes in consumer behaviour, supply chain disruptions and inflation as they’ve navigated through the COVID-19 pandemic and its aftermath. “We’ve made a lot of hard decisions. … Read more
