Money Moves

Grocery inflation in Britain decreased to 4.7% for the four weeks ending November 2, dropping from 5.2% in the prior four-week period. This shift comes as retailers enhance promotions in anticipation of the Christmas season, providing some relief to consumers facing potential tax increases linked to this month’s budget. According to Worldpanel by Numerator, overall […]

Recent statistics indicate that nearly one million young individuals in the UK are categorized as “not in education, employment or training” (NEET). In response to this issue, the government has announced the initiation of an independent investigation to explore the factors contributing to this trend. Pat McFadden, the Secretary of State for Work and Pensions,

Users of the second-hand shopping app Vinted have expressed frustration following an update that altered the sizing categories for women’s and children’s clothing without prior notification. The adjustment has led to discrepancies, with many listings now showing incorrect sizes compared to those initially posted by sellers. The company stated that the new sizing system aims

The recent popularity of high-end protein shakes signifies a notable trend in the health and wellness market. One such shake, created by Michelin-starred chef Miller Prada for the protein powder brand Hermosa, draws attention not only for its ingredients but also for its presentation. The shake includes vanilla protein powder, guanabana fruit, almond milk, and

Recent reports indicate an increase in the utilization of “buy now, pay later” (BNPL) schemes for purchasing household essentials. These financial arrangements allow consumers to obtain items immediately while deferring payment to a later date, often in installments. Originally popularized for larger purchases, the use of BNPL for everyday items raises questions about consumer behavior

The UK unemployment rate has increased to 5% for the three months ending in September, indicating a decline in the jobs market, according to recent official data from the Office for National Statistics (ONS). This marks the highest unemployment rate since the period from December 2020 to February 2021. The rise in unemployment was greater

In late September, the Dutch government announced its decision to take control of Nexperia, a chip manufacturing facility owned by a Chinese entity, which raised concerns within the European automotive sector. This intervention nearly disrupted operations across the European car industry. Recently, tensions between Europe and China eased when Beijing indicated it would lift restrictions

A growing number of individuals in the UK are seeking assistance with debts accrued through buy now, pay later (BNPL) services, leading to concerns about financial strain among families. Abi, a single mother from Sheffield, has shared her experience of becoming indebted through such services, using them for essential purchases like groceries and school uniforms.

Qian Zhemin, a woman accused of purchasing cryptocurrency worth billions with funds reportedly stolen from Chinese pensioners, is set to be sentenced for money laundering. Following her flight from China, she resided in a Hampstead mansion, where the Metropolitan Police conducted a significant crypto seizure a year later. Over 100,000 individuals invested in her company,

eWaka Mobility, a Kenyan start-up established in 2021 by Celeste Vogel and Jimmy Tune, operates in Nairobi, where numerous electric bicycles navigate the city’s traffic. The company focuses on enhancing “last mile” delivery services, providing convenient options for getting goods directly to customers’ doorsteps. In addition to selling electric bicycles, eWaka offers training for individual