Such figures were, and could still be, highly volatile. The government says the “savings” would be money not borrowed, rather than a pot of money available to spend elsewhere. However, the figures have prompted dozens of charities and campaigners to call on the government to reverse the plan for a typical annual bill to rise from £2,500 to £3,000 in April.
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Greggs to create 500 jobs as it plans 100 more stores
admin, , Business, 0
“It has already started playing up the passion that its customers have for its food, but if it hopes...
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China: Evergrande shares rise as Hong Kong trading resumes
admin, , Business, 0
The announcement also addressed concerns about the firm’s financial position: “With regard to the company’s current liquidity situation, the...
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Husband ‘made millions’ by eavesdropping on BP wife
admin, , Business, 0
His wife – a mergers and acquisitions manager at BP – worked on the oil giant’s takeover of TravelCenters....
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Travel rule changes ‘positive’, say airlines
admin, , Business, 0
“Based on our bookings already today, I would expect this weekend to be the biggest of the year so...
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Labour urges energy firm tax hike to help cut household bills
admin, , Business, 0
“We recognise people are facing pressures with the cost of living, which is why we are taking action worth...
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Cisco says computer chip shortage to last six months
admin, , Business, 0
That is why Mr Robbins says: “What we don’t want is to have consolidation where any of the risks...
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HSBC reopens mortgage offers after criticism from brokers
admin, , Business, 0
“Most central banks made the mistake in 2021 of calling inflation transitory, and transitory is a very dangerous word....
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Average two-year mortgage rate close to 6%
admin, , Business, 0
“It is massively hard to navigate for everyone, especially clients, who need to make quick decisions in these circumstances,...
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