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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Horizon is robust, says ex-boss of postmasters’ union
admin, , Business, 0
The Post Office’s Horizon system is “very robust” and the only scandal is that the company failed to properly...
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Ukraine: UK sanctions oligarchs Alisher Usmanov and Igor Shuvalov
admin, , Business, 0
Conservative MP Tom Tugendhat, the chairman of the Commons foreign affairs committee, said: “We should be looking immediately to...
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More than 20 councils replacing pay and display parking machines with apps
admin, , Business, 0
The BBC collated figures for 244 councils across England, which are responsible for parking. Out of the 242 councils...
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EU backs law against forced labour in supply chains
admin, , Business, 0
Markus Beyrer, Director General of lobby group BusinessEurope, said the new rules would add “unparalleled obligations, set harsh sanctions...
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Warning energy bills may rise above £4,000 in April
admin, , Business, 0
The prediction from analysts comes as the government scales back its two-year promise to cap bills.
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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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Recession looms as UK economy starts to shrink
admin, , Business, 0
And while some of the monthly hit in September can be explained by the extra bank holiday, the hit...
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Homebase to put mini-garden centres at Next stores
admin, , Business, 0
So the chain is making space at its stores in Shoreham, Ipswich, Warrington, Camberley, Bristol and Sheffield, for garden...
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