The rate has increased to its highest level since January 2024 as a result of food prices and fuel costs and is likely to ...

Inflation like this can no longer be dismissed as a blip. It’s now a barrier to cutting interest rates.” – Peter Stimson, MPowered Mortgages ...

Average monthly Social Security benefits payments do not always stay the same. Instead, they inch up slowly over time based on what's known as a cost-of-living adjustment, or COLA.

Cost-of-living adjustments (COLAs) are based on the increase in the average third-quarter inflation data as reported in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).

The rising cost of Medicare points to a significant challenge for retirees. Many are seeing their real cost of living increase faster than their Social Security COLA.

Starmer told Sky News: "I think for most people, they would say the cost-of-living crisis is ongoing, and they feel the pressure financially.

Social Security's 2026 cost-of-living adjustment may be 2.5%, a new estimate shows. But COLA could still get a boost if tariffs push up inflation.

The UK's Department for Work and Pensions (DWP) has confirmed there will be no further Cost of Living Payments in 2025.

The UK Government will lay out legislation on Tuesday, February 4 that confirms a new national living wage of £12.21, and a new national minimum wage of £10 per hour from April.

The study compared the economic situation in the UK and the European Union through the infographic 'Purchasing Power and Cost of Living: UK vs EU.

But this deserves further scrutiny. Given high levels of inequality in the UK, the minimum wage has to do more work to compensate for the realty of wage injustice and low relative living standards.

By now, all seniors on Social Security should have gotten their first checks for 2025. With the latest 2.5% cost-of-living adjustment (COLA) in effect, the average benefit has climbed to $1,976 ...