Until this year, the state pension was earmarked to rise by the lesser of inflation, average wages growth or 2.5%. That triple lock has been suspended temporarily, breaking another manifesto pledge, after distortions to the economy caused by Covid made it prohibitively expensive.
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Deliveroo shares tumble on stock market debut
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Some of the UK’s biggest investment fund managers, including Aberdeen Standard, Aviva Investors, BMO Global, charity fund manager CCLA,...
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UK government spending on virus measures pushes debt to £2 trillion
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Image copyright Getty Images UK government debt has risen above £2 trillion for the first time amid heavy spending...
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Ex-World Bank head Robert Zoellick: ‘The world could look like 1900 again’
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Media playback is unsupported on your device Media captionRobert Zoellick: ‘The world could look more like the world of...
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Lockdown for a second time: ‘It can’t get any worse’
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Image copyright Katie Prescott Image caption Warning signs in Bolton town centre A delicious smell of homemade pies wafts...
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Ofgem blamed as supplier failures lead to higher energy bills
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“While no regulator can, or should, guarantee companies will not fail in the future, we will continue to take...
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Arcadia: Buyers to ‘pick over carcass’ of Topshop owner, says former boss
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Topshop owner Arcadia on brink of collapse
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Can TikTok’s owner afford to lose its killer app?
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The US wouldn’t be the first to block TikTok – India banned the app in 2020, citing security concerns....
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P&O owner to attend summit despite row over minister’s comments
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P&O Ferries owner, DP World, will now attend the UK’s investment summit on Monday, despite a row over a...
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