“We recognise people are facing pressures with the cost of living, which is why we are taking action worth more than £4.2bn, and supporting vulnerable households through initiatives such as the £500m household support fund, warm home discount, winter fuel payments and cold weather payments.”
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Maersk preparing to resume shipping through Red Sea
admin, , Business, 0
The alternative route, around the Cape of Good Hope, adds about 3,500 nautical miles to the journey. This has...
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FTSE 100 suffers worst year since financial crisis
admin, , Business, 0
“The factors which worked against the FTSE-100 in 2020 – the pandemic, a deep recession and Brexit – will...
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People face biggest drop in living standards since 1956
admin, , Business, 0
But the OBR, which publishes its economic forecasts twice a year, said Russia’s invasion of Ukraine had “major repercussions...
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Energy saving to return to prevent winter blackouts
admin, , Business, 0
Alongside maintaining its energy-saving scheme for households to get discounts on bills, it said it was holding discussions about...
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Canada pledges to help countries stop using Russian oil
admin, , Business, 0
The impact of Canada’s extra supplies “will be relatively limited given the regionality of Canadian crude, which will likely...
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M&S to close 30 more shops as Ocado deal pays off
admin, , Business, 0
Food sales were up 7%, clothing sales down by one third, with sales in High Street and city centre...
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Is the move to electric cars running out of power?
admin, , Business, 0
That’s precisely what US President Joe Biden did this week, with a new 100% tariff on Chinese EV imports....
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Budget removed uncertainty for house buyers, says the Halifax
admin, , Business, 0
“The new mortgage guarantee scheme is another welcome development from this week’s Budget. Whilst mortgage approvals have reached record...
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