“We recognise people are facing pressures with the cost of living, which is why we are taking action worth more than £4.2bn, and supporting vulnerable households through initiatives such as the £500m household support fund, warm home discount, winter fuel payments and cold weather payments.”
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Tesco Bank to be bought by Barclays in £600m deal
admin, , Business, 0
The supermarket’s chief executive, Ken Murphy, said the deal would strengthen Tesco’s finances and allow it to grow its...
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Post Office scandal: Chairman Henry Staunton had to go as it ‘wasn’t working’ – Badenoch
admin, , Business, 0
But, she continued: “I decided given all of the difficulties the Post Office is having, it’s not just about...
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HS2: What has been built so far?
admin, , Business, 0
Extending HS2 to Euston involves digging a 4.5-mile (7.2km) tunnel from Old Oak Common, in the capital’s western suburbs,...
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UK’s largest retailers warn Budget will lead to job cuts
admin, , Business, 0
High Street job losses are “inevitable”, prices will rise, and shops will close as the result of the tax...
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Thames Water troubles swell as parent firm defaults
admin, , Business, 0
It has issued a formal notice to its bondholders, but asked them to take “no creditor action” in order...
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Coronavirus: £3bn for NHS but Sunak warns of ‘economic shock’ to come
admin, , Business, 0
Borrowing in October hit £22.3bn, with public sector debt over £2 trillion.
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Sainsbury’s boss: We are not profiting from high prices
admin, , Business, 0
While the headline rate of food inflation was around 19%, that didn’t mean households were spending 19% more on...
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‘Serious deficiencies’ in Bank’s economy forecasts
admin, , Business, 0
Dr Bernanke’s review recommends the Bank must thoroughly update its whole framework for forecasting the economy, overhauling or scrapping...
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