Categories
Canada

Atlantic Canadians squeezed as soaring diesel prices deliver

A pricing bubble that hit diesel and related fuels in the northeastern United States in early November has cost consumers in Atlantic Canada millions of dollars so far as it continues to engulf the entire region in elevated prices.  Data compiled by the national energy information company Kalibrate, which tracks petroleum prices in 77 Canadian markets, shows consumers in […]

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Finance

Buy-to-let: landlords caught between high rates and squeezed tenants

Views from the top make a hillwalker’s arduous climb worthwhile. It is getting down that strains the sinews. UK challenger banks have a similar problem. Many specialise in buy-to-let residential mortgages. Some senior bankers privately believe higher interest rates will expose these to exceptional strains. Banks such as OSB Group and Paragon, at peak profitability, […]

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World

Countries that have banned entry to Russia show Putin squeezed

Richard Dannatt says mass mobilisation is ‘backfiring on Putin’ On September 19, Estonia, Latvia, Lithuania and Poland agreed to close their borders to Russians. On Friday, Finland followed suit, leaving Norway’s small stretch of Arctic border with Russia the only land route to Europe. Meanwhile, the European Union (EU) – which imposed a flight ban soon […]

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Finance

Supermarkets squeezed on prices by Spain’s deputy leader Yolanda Díaz  

Supermarkets in Spain are in the line of fire over inflation as the country’s deputy leader wages a campaign to press shops into cutting prices in an effort to help struggling families. Yolanda Díaz, one of Spain’s deputy prime ministers and a contender for the top job, has intensified a political battle over living costs […]

Categories
UK

London property prices to plummet as buyers squeezed out of capital

Interest rates: Martin Lewis on affect on mortgage applicants House prices in London will fall by 12 percent over the next two years, nearly double the seven percent average decrease for the rest of the country, according to Capital Economics. Affordability in the capital is the lowest in the country, forcing buyers to rely ever […]

Categories
World

Russian troops in south Ukraine squeezed as Kyiv ramps up strikes on bridges, ammo depots

Ukrainian officials say the Russians are moving command posts from the north of the Dnipro River to the south bank as bridges have been heavily damaged. The first deputy head of Kherson regional council, Yuri Sobolevsky, claimed on his Telegram channel that a significant portion of the Russian military command had already left Kherson city. […]

Categories
Finance

The NHS is being squeezed in a vice

Since Covid-19 took its first English life in March 2020, the country has recorded around 120,000 more deaths than would have been expected over the same months of three typical, non-pandemic years. This is a huge number but one that, for the first year of the pandemic, was relatively straightforward to explain. A novel and […]

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Finance

US defence contractors squeezed by shortages of labour and parts

Two leading US defence contractors have reported sales pressures even as the war in Ukraine boosts demand for their weaponry, with production hamstrung by shortages of parts and labour. Raytheon, which manufactures the Stinger missile used by Ukrainian soldiers fighting Russian forces, on Tuesday reported sales in its missile and defence division fell by 11 […]

Categories
Science

Mitchells & Butlers margins squeezed by inflation, heat wave hits sales

The Mitchells & Butlers company logo is pictured in London, Britain, December 1, 2021. REUTERS/May James Register now for FREE unlimited access to Reuters.com Register July 21 (Reuters) – Pub operator Mitchells & Butlers (MAB.L) said on Thursday that surging costs have pressured its margins, while extremely hot weather in the country had slowed sales […]

Categories
Canada

Manitobans who manage own home care squeezed by rising expenses, worker shortages | CBC News

It’s getting harder for Vishno Gupta to hire the home-care workers he needs as a quadriplegic living at home.  The 82-year-old, who needs help with everything from getting out of bed in the morning to bathing and eating due to a spinal cord injury, is one of about 1,000 people in Winnipeg who manage their own home care. As […]