Govt warned cost of living crisis will lead to ‘tsunami of fraud’ as criminals prey on struggling Brits May 26, 2022 THE cost of living crisis is likely to fuel a surge in fraud and online scams, a property group warned this morning. The National Association of Property Buyers fear criminals will aim to “cash in” on vulnerable Britons looking to save or make money over coming months. The property sector will be a prime target [...]
Winter of discontent: Price cap to peak at over £2,800 next January May 26, 2022 Cornwall Insight has warned the price cap could rise to over £2,800 per year in January if the mechanism moves to a quarterly model.
Slowing business activity strengthens UK recession risk May 26, 2022 Swelling costs and fears over rampant inflation forcing consumers to slash spending are eroding British businesses’ optimism, casting doubt over whether the country can avoid a recession, two surveys published today reveal. Households are cutting discretionary purchases in response to living costs climbing at the quickest pace in four decades, research by the Confederation of [...]
Petrol prices rise to record levels as RAC calls on government to provide more support for drivers May 25, 2022 Petrol prices climbed to record levels for the third consecutive day yesterday, with soaring oil prices putting more pressure on consumers.
The City View: Crossrail finally arrives May 24, 2022 Today Andy Silvester talks to Adam Tyndall, Programme Director for Connectivity at London First. They talk all things Crossrail — from the first idea of an East-West railway in the 19th century, to the funding behind the Elizabeth Line, and to the future of London’s transport system. And in other news — Shell’s AGM was [...]
There is a fundamental flaw in the crypto economy May 24, 2022 VJ Angelo, CEO of Inspira Wealth, highlights cryptocurrency's main flaw - with some good news and bad news.
Price cap will rise to £2,800 per year this winter warns Ofgem May 24, 2022 Households should brace themselves for another painful hike in their energy bills this autumn, revealed chief executive Jonathan Brearley.
Travel chief warns online sales tax may hit tour operators and agencies hard May 23, 2022 The UK Government’s proposed tax on online sales could have a significant impact on travel businesses, according to accounting company RSM. The proposal, whose first consultation ended on Friday, is expected to level the playing field between physical and online retailers, as well as bringing down the cost of rentals. According to RSM UK’s head [...]
Johnson could use the meal deal moratorium to finally find some values May 23, 2022 A week ago the government announced that it was delaying the introduction of a ban on so-called BOGOF (buy one, get one free) offers on food and drink high in salt, fat or sugar. The prohibition, intended to help reduce overconsumption and therefore obesity, was deferred, according to the Department of Health and Social Care, [...]
London ensnared by global market turmoil as recession jitters spread May 19, 2022 The City was ensnared by a global market sell off today driven by investors ditching stocks over fears soaring inflation will tip major economies into recession. Britain’s biggest companies shed around £40bn today. London’s premier FTSE 100 index tumbled just under two per cent, taking its total losses for the year so far to nearly [...]