Take the interest payable on central government debt: not horribly high in September, but in fact third lowest since monthly records began in 1997. The reason is that on about a quarter of its outstanding debt, the government pays interest linked to the old-fashioned Retail Prices Index measure of inflation, which has dropped sharply over the past year.
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Monzo bank in money laundering rules investigation
admin, , Business, 0
“In May 2021, the FCA notified us that it had started an investigation into our compliance with the Money...
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Royal Mail £5.6m fine a wake-up call, says watchdog
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“Clearly, the pandemic had a significant impact on Royal Mail’s operations in previous years. But we warned the company...
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Will there be a national rail strike?
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The 15 train companies RMT are balloting are: Chiltern Railways, Cross Country Trains, Greater Anglia, LNER, East Midlands Railway,...
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Mortgage rates soar to cusp of mini-budget peak
admin, , Business, 0
The recent rises in mortgage costs are also likely to have a knock-on effect on renters who could face...
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Homebuyers’ stress over impact of CTS cyber-attack
admin, , Business, 0
A spokesman for the Information Commissioner’s Office (ICO), which regulates CTS, said: “People have the right to expect that...
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Covid PCR testing market labelled ‘rip-off jungle’
admin, , Business, 0
During the summer, the Health Secretary was forced to launch an investigation with the CMA to look into the...
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Covid: Travel firms angry over France quarantine rule
admin, , Business, 0
Prof John Edmunds, an epidemiologist from the London School of Hygiene and Tropical Medicine and a government adviser on...
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HMRC slammed as phone line waits get even longer
admin, , Business, 0
It has used an answer by text service and told MPs that it did not have the resources to...
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