Articles about Cost

‘Partnership’ on drug pricing also gives patients in Britain greater access to potentially life-extending treatments British drug exports to the United States will escape tariffs imposed by Donald Trump as part of a controversial UK-US medicines deal that critics fear will mean less money for the NHS.The deal will also give patients in Britain greater access to potentially life-extending drugs because the rules have been relaxed to allow the NHS to pay more for particular treatments. Continue reading...

Central American country to receive up to 25 migrants a day expelled as part of Trump’s immigration crackdownSign up for the Breaking News US email to get newsletter alerts in your inboxThe Costa Rican government has agreed to receive up to 25 deported migrants a week from the United States, the latest deal in the Trump administration’s unprecedented efforts to deport scores of people to “third countries”.With the new agreement, Costa Rica seeks a closer alliance with Donald Trump’s government, which has been securing cooperation from other Central American countries in accepting deportees from other nations who have been detained by US immigration agents. Continue reading...

Bank of England survey in March shows chief financial officers foresee 3.7% increase over coming yearBusiness live – latest updatesCompanies in the UK expect to raise their prices more rapidly over the coming months as the war in the Middle East drives up costs, Bank of England research shows.The Bank’s regular survey of more than 2,000 chief financial officers conducted last month, after the Iran conflict began, shows they now expect to raise their prices by 3.7% over the coming year. Continue reading...

• US healthcare costs for employers are forecasted to increase more than 9% in 2026, driven by regulatory changes, labor shortages, and rising demand. • Growing use of specialty drugs, particularly GLP-1 medications for weight loss and diabetes, significantly contributes to the cost surge. • Businesses face pressure to redesign benefits packages amid these economic pressures on public health spending.

Rachel Reeves will address concerns about price rises and shortages with retailers as energy costs surgeThe bosses of the UK’s biggest supermarkets are to meet the chancellor on Wednesday as the government seeks to gauge the extent of potential price rises and shortages of household essentials amid a surge in energy, fuel and fertiliser costs.Rachel Reeves is meeting the bosses of Sainsbury’s, Tesco and Morrisons as concerns rise about the potential impact on the cost of living – including higher food prices – as a result of the Middle East conflict. Continue reading...

• The share of Affordable Care Act customers in plans exceeding $6,000 yearly doubled following expiration of Covid-era assistance, signaling household budget pressures. • US Centers for Medicare and Medicaid Services data shows 2026 enrollment fell 5% to 23.1 million, with further drops expected from premium non-payers. • This cost surge underscores ongoing affordability challenges in the Obamacare marketplace post-subsidy end.

PM will also cite Iran war as reason to stick with Labour, as party adopts new slogan: ‘Pride in Britain’ Keir Starmer will say that a vote for Reform UK will put at risk progress Labour is making on the cost of living, arguing that Britain’s values are being tested in a volatile world.Launching the party’s local elections campaign with a new slogan: “Pride in Britain”, Starmer will urge voters to stay the course with Labour. A dire set of results are predicted for the party in Wales, Scotland and English councils, especially in the north-east of England and London. Continue reading...

Fossil-fuel burning at Ohio facility could burn longer, leaving Middletown residents to face environmental risksSign up for the Breaking News US email to get newsletter alerts in your inboxIt was just a few months after moving from Louisville to Middletown, Ohio, four years ago that Vivian Adams’s six-year-old daughter’s asthma problem worsened.“My daughter was born prematurely so she already had lung issues,” she says, “[but] it’s gotten worse. She stays sick and coughing and can’t breathe. She’s had to go on everyday medication for her asthma, plus she has a rescue inhaler.” Continue reading...

Following the US-Israeli strikes on Iran, gas prices, grocery bills and mortgage rates have all climbed The US-Israel war against Iran has sent shockwaves through global markets, leaving many Americans grappling with a growing financial squeeze on everyday living costs.Following the US-Israeli strikes on Iran – prompting retaliatory attacks on US allies in the region and Iran’s decision to close the Strait of Hormuz, a critical maritime passage – costs have surged across the US. Gas prices, in particular, have spiked sharply, with the national average rising by roughly 30% over the past month. Grocery bills, mortgage rates and fertilizer costs have also climbed. Continue reading...

Exclusive: Pubs, restaurants and hotels warn of mounting pressure days before rates rises and higher wage bills take effectOne in five hospitality businesses fear collapse in the next 12 months, according to an industry-wide survey that comes days before rises in tax and employment costs kick in.From Wednesday, many pub, restaurant and hotel companies face the prospect of a higher bill for business rates paid to their local authority, while an increase in minimum wage thresholds takes effect on the same day. Continue reading...

• A new analysis identifies Louisiana and Kentucky as among the most stressed US states in 2026, with stress levels significantly influenced by geographic factors. • Rising healthcare costs are forcing residents to skip medical care, contributing to elevated stress levels across affected regions. • The stress disparities highlight how healthcare affordability challenges vary by state, with geographic and economic factors playing key roles in residents' wellbeing and access to care.

• Rep. Chris Deluzio (D-PA) and Sen. Mark Kelly (D-AZ) introduced the Cost-of-Living Emergency Act on March 27 to combat rising essentials prices outpacing wages. • Bill mandates DOJ-FTC task force for emergency enforcement against price gouging, fixing, and discrimination on goods like utilities. • Invokes Defense Production Act for supply chain fixes backed by data to lower costs, plus creates 12-member bipartisan Congressional Cost-of-Living Commission for expedited relief proposals.

Yields on 10-year debt reach highest since the 2008 financial crisis, raising concerns of faster interest rate risesUK government borrowing costs have risen above 5% amid an intensifying global bond market sell-off fuelled by the Iran war.The yield – or interest rate – on 10-year debt hit its highest level since the 2008 financial crisis, rising 13 basis points to 5.081%, as investors acted on concerns about the economic fallout from the conflict. Continue reading...

Allan Leighton predicts food prices will inevitably rise as group’s full-year profits dive by a third to £764mAsda’s executive chair has called on the government to “stand up and start doing stuff” to support farmers and ease the price of fuel as he warned that food prices would inevitably rise as a result of the conflict in the Middle East.Allan Leighton said farmers were under pressure but the supermarket had so far received “a trickle of requests not an avalanche” of cost price increases from its suppliers, as they were under pressure from higher fertiliser, energy and fuel costs. Continue reading...

• Costa Rica signed a pact on March 27, 2026, to accept 25 migrants deported from the US each week, as part of President Trump's third-country deportation initiative overseen by special envoy Christine Noim. • The agreement advances the Shield of the Americas policy amid broader US immigration enforcement tied to geopolitical pressures. • This development supports US efforts to manage migration flows during escalating Middle East conflicts.

• Patients and providers in Colorado reported rising health care costs due to Trump administration policies including H.R.1 Medicaid requirements and ended ACA tax credits, discussed at a March 25 virtual roundtable with Sen. John Hickenlooper. • Nearly 250,000 Coloradans risk losing Medicaid coverage, exacerbating rural health care deserts where 82% of hospitals operate on unsustainable margins, per Craig Memorial Regional Health CEO Jennifer Riley. • Uninsured patients will seek emergency care at the highest cost level, straining providers and worsening access, especially for women's health services.

Electric buses are just 1% of the Australian fleet compared with 80% in urban China, a quarter in the Netherlands and 12% in the UKFollow our Australia news live blog for latest updatesSign up for climate and environment editor Adam Morton’s free Clear Air newsletter hereAs diesel climbs past $3 a litre amid fuel security concerns, transport advocates are calling for the rollout of electric buses across Australia to be prioritised.In Australia, just 1% of buses are electric, compared with 80% of the urban fleet in China, a quarter in the Netherlands and 12% in the UK. Continue reading...

UK clothing and homeware retailer working on assumption that war could last three monthsBusiness live – latest updatesNext has warned that the war in the Middle East will add £15m to its costs on the assumption it will last three months, adding that prices will have to go up if the conflict persists beyond that.The UK clothing and homeware retailer said it was currently offsetting the additional costs on fuel and air freight with savings elsewhere and it did not expect any affect on profits for the year ahead. Continue reading...

Rising inflation and unemployment mean effects of Iran war could be even worse than the post-Covid cost-of-living crisisGet our breaking news email, free app or daily news podcastAs diesel prices make history by passing $3 a litre in nearly every capital city around the country, the stresses of high fuel costs are beginning to show.Truckies are warning they will go out of business if they can’t renegotiate their contracts with customers; farmers are warning the same, telling families that food in our supermarkets could soon cost more. Continue reading...

PMI figure reveals impact on economy of rise in oil prices driven by Iran warBusiness live – latest updatesThe UK’s manufacturers have suffered the sharpest one-month acceleration in costs since the aftermath of Black Wednesday in 1992, as conflict in the Middle East has driven up oil prices, new survey evidence shows.The closely watched purchasing managers’ index (PMI) lays bare the impact of the conflict on the UK economy, with growth slowing sharply across manufacturing and services and costs rising. Continue reading...

Polling for anti-immigration DPP is relatively low, but many feel its ideas have been co-opted by Mette Frederiksen’s Social DemocratsMayasa Mandia, a recent graduate living in the small Danish town of Kokkedal, will be voting for the left in Tuesday’s general election – but it won’t be for Mette Frederiksen’s Social Democrats.The 23-year-old, a practising Muslim, says that under Frederiksen’s government far-right commentary has become normalised in the Danish mainstream. She has seen this, she says, at her own university, where there were discussions about banning prayers. Continue reading...

• United Airlines Holdings (UAL) announced plans to reduce scheduled capacity by approximately 5% in the second and third quarters of 2026, citing economic pressures. • The airline's stock fell 1.95% in pre-market trading on Monday following the capacity reduction announcement. • The move reflects broader market concerns about supply chain disruptions and financial contagion stemming from escalating geopolitical tensions and rising energy costs impacting corporate profitability.

Company will assess whether drop to 186mph from 224mph will save money and help bring forward launchMinisters have told High Speed Two to consider running its trains at lower speeds, in an attempt to rein in the spiralling budget and begin operations as soon as possible.HS2 Ltd will assess whether limiting the speed to 186mph (300km/h) instead of 224mph could save money – potentially billions of pounds – and bring the railway into being earlier in the 2030s. Continue reading...

PM will chair Cobra meeting with key ministers and Bank of England on Monday, as experts warn of economic shockUK politics live – latest updatesMiddle East crisis – live updatesKeir Starmer has promised to look at using “every lever that’s available to the government” to help with the cost of living impacts of the US-Israel war against Iran, ahead of an emergency meeting with senior ministers later on Monday.The prime minister is to chair a meeting of the Cobra committee on Monday afternoon, joining Andrew Bailey, the governor of the Bank of England, as well as Rachel Reeves, the chancellor, and the energy secretary, Ed Miliband, among others, to discuss possible contingency measures. Continue reading...

Doubling tariffs on imported steel will raise cost of the metal when Iran war is already inflating steel and concrete pricesOne of HS2’s biggest contractors has warned the government that raising tariffs on foreign steel imports will “exacerbate” cost pressures for the UK construction industry, amid growing concern over the £100bn railway’s rising budget.Ministers said last week they would double the tariffs on imported steel and slash the amount that can be bought from overseas, in an attempt to save Britain’s struggling steelmakers. Continue reading...

• New national polls from KFF and West Health-Gallup show Americans cutting back on health care, including rationing medications, to afford rising costs affecting daily living and access. • Millions express worry about affording emergency services, routine visits, and prescription drugs, leading to dangerous health trade-offs. • US physicians report higher burnout, stress, and dissatisfaction than international peers, with female doctors at greater risk and shortages projected at 40,000 primary care doctors by 2036.

• MarqVision's 2026 State of Brand Integrity Report reveals AI-driven counterfeits impose a 10% 'AI tax' on annual revenue for US brands over $10M. • Survey of 96 US companies shows 85% prioritize revenue protection, but only half measure takedown impact effectively. • Counterfeiters exploit viral marketing with AI-generated fakes, eroding trust in fashion, electronics, and consumer goods.

• A new report reveals that rising healthcare costs are forcing approximately 1 in 3 US adults to reduce basic spending on essentials like utilities, transportation, and prescription medications. • The financial strain is most severe among uninsured Americans, with about 62% reporting they have made trade-offs to afford medical costs, while nearly 3 in 10 insured Americans also report cutting back. • The impact spans income levels: approximately half of households earning $48,000 to $180,000 have delayed major life decisions because of healthcare costs, and one-third of those earning $180,000 to $240,000 report similar delays.