Cost-of-living news and archive

UK Amazon workers strike amid cost-of-living crisis

Online retail giant Amazon was Wednesday facing its first strike by UK workers, who are protesting over a pay rise deemed unacceptable in a cost-of-living crisis. A few hundred workers at a warehouse in Coventry, central England, have walked out over a pay increase worth five percent, less than half the current UK inflation rate. It comes as...

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Cost-of-living crisis to have more impact than Covid-19 pandemic

Curated marketplace Ankorstore reveals that 92 percent of retailers think the British high street is struggling to cope with increasing pressures as the cost-of-living crisis hits retailers hard. The new research from Ankorstore’s first Summer Retail Trend Report, supported by British retail champion Mary Portas, reveals that 74 percent of...