Energy bills forecast to rise by £85 a year
Domestic energy prices are forecast to rise by 5% from April, adding £85 a year to household bills, according to consultancy Cornwall Insight. The forecaster, which is widely regarded for…
Thames Water secures £3bn lifeline after court ruling
Thames Water has won a crucial High Court battle to secure a £3bn rescue loan, staving off the prospect of the debt-laden company coming under government control. The UK’s largest…
Reeves’ intervention in car loans case rejected
Chancellor Rachel Reeves’ attempt to intervene in a landmark case over controversial car loans has been blocked by the UK’s highest court. The Supreme Court case set for April will…
Jeff Bezos space firm Blue Origin to cut a tenth of jobs
Blue Origin, the rocket company owned by Amazon founder Jeff Bezos, is laying off about 1,400 employees, or about 10% of its workforce, according to an internal email obtained by…
Avanti West Coast strikes suspended for talks
Strikes planned by Avanti West Coast train managers have been suspended to allow negotiations in a long-running dispute over rest day working. Members of the Rail, Maritime and Transport union…
US politicians furious at UK demand for encrypted Apple data
Two US lawmakers have strongly condemned what they call the UK’s “dangerous” and “shortsighted” request to be able to access encrypted data stored by Apple users worldwide in its cloud…
‘Mould, damp and decay’: Homes excluded from insulation scandal help
Homeowners who say their houses are being destroyed by unsuitable insulation are missing out on measures to fix it as the work was carried out too long ago. The government…
Thames Water launches appeal for larger bill rise
Thames Water has launched an appeal to allow it to increase bills by more than the regulator wants to permit. The UK’s largest utility company is calling on the competition…
Call for parents to be able to use loyalty card points to buy baby milk
Parents should be allowed to buy baby milk in supermarkets using loyalty points and vouchers, the competition regulator has said following a probe into the market. Restrictions on price promotions…
Trump tariff VAT threat raises fears of hit to UK
Concerns are growing the UK could be more exposed to US trade taxes after President Donald Trump announced he would target VAT in his latest move. Trump has instructed his…