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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Ex-BHS director must pay £50m over firm’s collapse
admin, , Business, 0
Ex-BHS director Dominic Chappell has been ordered to pay £50m to cover losses the firm incurred before its collapse....
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Apple profits double as it squares up to Facebook
admin, , Business, 0
Apple’s figures across multiple sectors, across the world, are exceptional. In places like China, which has mostly been lockdown-free...
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UK economy hit as people shop less than pre-Covid
admin, , Business, 0
It comes as government borrowing rose in September, according to the Office for National Statistics.
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Second class letter deliveries on Saturdays could be cut
admin, , Business, 0
Royal Mail could be allowed to end the delivery of second class letters on Saturdays, as part of reforms...
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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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Ministers explore handing Post Office to sub-postmasters
admin, , Business, 0
Ministers are exploring plans to hand ownership of the Post Office to thousands of sub-postmasters across the UK, sources...
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Wilko: Warning warehouse staff face redundancy
admin, , Business, 0
In a note to its members, the GMB said: “Although further details have been requested from the bidder, we...
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Hinkley C: UK nuclear plant price tag could rocket by a third
admin, , Business, 0
In a letter to staff, seen by the BBC, Stuart Crooks, the managing director of Hinkley Point C, said...
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