Weekly Digest – 21 December 2022
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward.
EU agrees to gas price cap
After weeks of talks, the 27-country European Union has agreed on a gas price cap to lower high gas prices that have caused citizens’ energy bills to rise exponentially and driven record-high inflation this year.
565,000 more Brits aren’t working and also not actively seeking a job than in 2019
The UK has seen the fourth-highest increase in economic inactivity since the start of the Covid pandemic. It is one of only seven countries with a higher inactivity rate than before the Coronavirus crisis.
Tesco is involved in a lawsuit over terrible working conditions in Thailand
Tesco is facing a lawsuit over allegations that factory workers in a Mae Sot facility endure 99-hour weeks on low pay to make jeans for the supermarket’s F&F fashion brand.
Government extends scheme to help first-time home buyers
The government is extending the ‘generation buy’ mortgage guarantee scheme until the end of next year. The initiative supports banks and building societies that offer 95% loans to first-time buyers who struggle to raise a deposit.
Rail strikes affect retail sales during the holiday shopping season
Shopper numbers across Britain fell 4.6% last week versus the week before amid disruption to public transport, cold and snowy weather, and the RMT union-organised strike action across the network.
Jan. 6 committee recommends criminal charges
The January 6 Committee recommended that the Department of Justice look into four people, including former President Trump, for obstruction of an official proceeding, conspiracy to defraud the United States, and assisting, aiding, or comforting an insurrection.
Twitter users believe Elon Musk should step down
A Twitter poll created by Elon Musk asked whether he should step down as head of Twitter. Most respondents voted yes.
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