Energy bills expected to fall £150 a year from October, say analysts August 18, 2023 The amount that an average household is expected to pay for its energy bills will fall by around £150 per year from the start of October, according to a new forecast. Ofgem’s next price cap, which will be announced on Friday next week, will drop to around £1,925, according to the latest forecast from Cornwall [...]
More than 130 leaks in Westminster buildings – but not THOSE kind of leaks…. August 18, 2023 More than 130 sewage leaks have sprung up in government buildings over the last year, new data has revealed. The majority of the 138 leaks were at Ministry of Defence (MoD) buildings, with 102 incidents at sites including Royal Naval airbase Culdrose, Cornwall and RAF Henlow, Bedfordshire. The Liberal Democrats, who obtained the information via [...]
Women’s World Cup final: ‘We wouldn’t think twice for the men’ so open pubs early for Lionesses, councils urged August 18, 2023 Pubs across England are hoping a minister’s letter to councils across England means venues can open early for the World Cup final on Sunday. 4.6m people tuned in on a working day to watch the Lionesses progress to their first World Cup final with the win being the most-watched game of the tournament so far. [...]
Sunak commits to triple lock hinting pensions could rise by eight per cent August 17, 2023 Rishi Sunak has signalled that state pensions could go up next year by almost eight per cent as he committed to maintaining the “triple lock”. Under the triple lock, the state pension is uprated in April by inflation, wages or 2.5 per cent, whichever is higher. Wage growth is currently the highest of the three [...]
United Utilities hit with hefty £800,000 fine for taking too much water August 17, 2023 United Utilities has been fined £800,000 after illegally abstracting 22bn litres of water in Lancashire, the Environment Agency has said.
EY poised to cut jobs and rein in bonus pots – reports August 17, 2023 EY is poised to slash a number of jobs and has warned staff they will face more meagre pay rises and smaller bonus pots this year as it battles with rising costs, according to reports. The Big Four firm’s UK bosses have told staff it will cut more than five per cent of its near [...]
FCA: One in 10 interest-only mortgage holders may be ‘overly optimistic’ on debt August 15, 2023 One in 10 interest-only mortgage holders might be “overly optimistic” about paying off their debt when the time comes, the City watchdog has suggested.
Over-50s skills gap persists as unemployment increases August 15, 2023 Skills bootcamps schemes are failing to get over-50s back onto payrolls, despite ministers prioritising older Brits returning to the workforce. Labour accused the government of not helping enough over-55s to retrain and claimed older workers were “abandoned to the scrapheap”, making up just one in 20 reskilling trainees. Adults aged 55 to 67 make up [...]
Financial watchdog to ask MPs about debanking experiences August 15, 2023 British politicians are to be asked to reveal whether they have encountered problems or faced being “debanked”, as part of an inquiry by the UK’s financial watchdog. The Financial Conduct Authority (FCA) said it is looking into the rules surrounding politically exposed persons (PEPs), which includes MPs. The regime was thrust into the spotlight after [...]
Fancy a pay rise? Get a job offer from somewhere else… August 14, 2023 More than half of London employers have made use of counteroffers in the past 12 months to try and keep staff as skills shortages persist, according to a new report.