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London offers free lunches to all students

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Parents are struggling to provide lunches to their children as cost of living crisis worsens

 
As the cost of living crisis worsens in the UK, London’s mayor has unveiled a new emergency plan which will see all children at the city’s state schools given free meals.

It follows a string of new evidence which indicates a lot of Brits are really struggling to afford the necessities.

Inflation is nearing its highest level in four decades, eroding wages and welfare payments.

The 130 million pound program will run for the academic year starting in September, saving families around 440 pounds per child.

A quarter of all London pupils already qualify for free school meals and the new program is expected to help around 270,000 students who are not currently eligible.

The mayor also believes it will help reduce the “stigma that can be associated with being singled out as low income”. #trending #featured

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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