Torsten Bell, boss of the Resolution Foundation think tank which focuses on improving living standards, said it was “increasingly not true” that people save for a house deposit, due to half of first-time buyers in their 20s getting help of an average of £25,000 from their parents.
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What the Autumn Statement means for you and your money
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By Kevin Peachey Cost of living correspondent In a speech focused at least partially on an upcoming election, Chancellor...
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The rise of Sweden’s super rich
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“Yes, it’s where people can create new money, create new wealth, but it’s still very closed and the double...
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US-China chip war: Nvidia hit as China cut off from more advanced chips
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Although the curbs also affect other chip makers, analysts believe Nvidia will be hit the hardest because China accounts...
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Energy firms’ collapse hits 1.5 million customers
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Igloo, for example, has said it is working with restructuring consultants Alvarez & Marsal, although it told the BBC...
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Michael Murray: New Sports Direct boss says High Street isn’t dead
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Over four floors, Birmingham’s new Sports Direct looks like a high-tech department store for sport and fitness – a...
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Royal Mail: What’s gone wrong at the company?
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But it is not just in Cheshire that Royal Mail is struggling to deliver. Second class letters, which now...
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Russia halts gas supplies to Finland
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“The amount of gas needed by the Finnish gas market is imported into the Finnish gas system through Balticconnector...
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Cost of living: Energy bills forecast to hit £3,363 a year
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The energy price cap, which applies in England, Wales and Scotland, sets a limit on the amount that can...
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