Commuter misery: Regulated rail fares to rise by up to 5.9 per cent from next spring December 22, 2022 Rail fares in England are set to surge as much as 5.9 per cent from spring next year, after calls for a fare freeze have fallen on deaf ears. Regulated fares will go up from 5 March, with the Department for Transport calling this “the biggest-ever government intervention” in prices for train tickets. However, campaigners [...]
Small businesses suffer with rising costs, Vodafone steps in to help December 22, 2022 Telecom giant Vodafone has announced a free broadband scheme to support UK based small business. Vodafone has said that it will give a year’s free broadband to small businesses signing up for a 24-month contract. This is accounting for the rising costs of living, inflation and impact on small businesses. 10per cent of UK small [...]
Private sector activity declines for fifth consecutive quarter and outlook is bleak December 22, 2022 The private sector’s decline has continued for the fifth consecutive quarter, and outlook is bleak with it expected to fall even faster in the next three months. New figures from the Confederation of British Industry (CBI) showed activity fell 13 per cent in the three months to December. This is a decline at a faster [...]
UK economy contracts by more than first thought in third quarter as it heads for recession December 22, 2022 The UK economy contracted by more than first thought in the third quarter, with gross domestic product (GDP) dropping by a higher revised amount. GDP fell by a revised 0.3 per cent, compared to an initial estimation of a 0.2 per cent decline, fresh figures from the Office for National Statistics revealed on Thursday. It [...]
Campaigners warn hiking rail fares could push people away from train travel December 21, 2022 Even a below inflation increase in rail fares could put people off travelling by train altogether, according to campaigners. Norman Baker, director of external affairs at advocacy group Campaign for Better Transport, told City A.M. that any increase to ticket prices will come “as a further blow to long-suffering passengers” after months “of cancellations and [...]
Best London areas to live: From schools to roads and care, this is where council tax takes you the furthest December 21, 2022 As the cost of living crisis rages, energy bills are rising and inflation is biting harder than ever, the council tax rebate scheme was introduced to lift some burden off Brits’ shoulders. However, with it still a significant cost, where in London and across the UK are residents getting the most in return for their council tax? [...]
Government borrows record amount in November as debt bill swells December 21, 2022 Growing public sector expenditure in November prompted a £22.0 billion borrowing frenzy.
Ambulance workers strike TODAY as Health Sec says unions ‘inflicting harm on patients’ December 21, 2022 Ambulance workers across a number of unions are walking out today over pay and conditions, as health secretary Steve Barclay condemned the strike as “inflicting harm on patients”. The emergency workers in the Unison, Unite and GMB unions will down tools across the country, with the government calling in the Army to ensure the country doesn’t [...]
Hopes of Christmas spending splurge nudges UK business confidence higher December 21, 2022 UK businesses are hoping the Christmas spending splurge will give them a welcome boost before a long recession sets in, a new survey out today shows. According to Lloyds Bank’s business barometer index, every UK region notched a positive business confidence reading for the first time since July. Eight out of the 11 areas recorded [...]
Car premiums increase 17.4 per cent after FCA price walking ban December 20, 2022 The average car premium has soared 17.4 per cent in the past year, according to recent research. Data published today by market researcher Consumer Intelligence shows that average premiums now cost £877, surpassing by 6.7 per cent current inflation rates. According to senior insight analyst Georgia Day, the unsurprising surge has been driven by the [...]