Until this year, the state pension was earmarked to rise by the lesser of inflation, average wages growth or 2.5%. That triple lock has been suspended temporarily, breaking another manifesto pledge, after distortions to the economy caused by Covid made it prohibitively expensive.
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Julien Macdonald: Welsh fashion designer’s firm goes into liquidation
admin, , Business, 0
“Due to the loss and under-performance of several key contracts, including its main UK retail licensee, along with a...
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Families face debt squeeze as prices keep rising
admin, , Business, 0
Prices, as measured by inflation, are currently rising at a rapid rate – the fastest since 1992. This means...
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Morrisons: US firm wins auction to take over supermarket chain
admin, , Business, 0
Clayton, Dubilier & Rice is highest bidder in the battle for the UK’s fourth-largest supermarket group.
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Clintons boss: Supermarkets selling greeting cards ‘grossly unfair’
admin, , Business, 0
But those deemed essential can continue to sell non-essential items if they are stocked on their aisles.
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Ukraine conflict: Russian rouble plunges after new sanctions announced
admin, , Business, 0
“Unless the Russian central bank and Russia’s largest banks – which have already been cut off from correspondent banking...
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The race to produce rare earth materials
admin, , Business, TOP STORIES, 0
Rivalia prefers to work with existing waste products as opposed to coal that has not yet been burned. This...
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Shop sales rebound in January as people sought new year deals
admin, , Business, 0
But Lisa Hooker, leader of industry for consumer markets at accountancy firm PwC, said: “Consumers remain cautious about spending,...
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Warnings of staff shortages due to self-isolation
admin, , Business, 0
“On the one hand we’re being told that the restrictions are too onerous, and on the other we’re being...
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