Everything, Mr Abbott admits, feels like a gamble at the moment. Unless rates start to fall soon, they will have to cut back on costs whichever option they choose. That means no holiday, fewer swimming lessons for the children, no gym or TV subscription.
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Sexism in City still ‘shocking’, report finds
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Frances Coppola, an independent market commentator, said during her previous career in the City, where she worked in finance...
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UK officially in recession for first time in 11 years
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Media playback is unsupported on your device Media captionRishi Sunak: “We’re grappling with something unprecedented” The UK economy suffered...
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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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Gatwick in talks with lenders amid Covid losses
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It called for an end to “expensive” PCR tests, saying: “The requirement for passengers to pay for PCR tests,...
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HMRC slammed as phone line waits get even longer
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It has used an answer by text service and told MPs that it did not have the resources to...
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TUC: Jobs at risk if UK fails to hit carbon emissions target
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“In recent months we’ve secured record investment in wind power, published a world-leading Hydrogen Strategy, pledged £1bn in funding...
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Coronavirus forces STA Travel out of business
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Image copyright Getty Images STA Travel has become the latest travel firm to fall victim to the Covid-19 pandemic....
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Forget Frankfurt and Paris, says Barclays boss
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“What the UK needs and London needs, is to make sure that the city is one of the best...
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