Broadband customers face higher bills as Ofcom rules out price cap on BT’s new full-fibre network for a decade Company is also spending £12billion on rolling out full-fibre broadband in UK Openreach will see no regulation or price caps on its new fibre services Increase in costs will encourage customers to switch and get new … Read more
Royal Mail revenues are expected to be £900m higher than last year and hit £8.6billion after surge in customers posting letters over last month Revenues for Royal Mail are expected to reach around £8.6billion amid Covid-19 Royal Mail said letter volumes, advertising and stamped mail all overperformed Parcels have remained in line with expectations, which remain … Read more
Women reported higher levels of anxiety, depression and loneliness than men during the coronavirus crisis as more than a quarter of university students say they feel lonely ‘often’ or ‘always’ Office for National Statistics released analysis of Covid crisis on men and women Analysis showed women reported higher levels of anxiety, loneliness than men Meanwhile, … Read more
We’ll pay more council tax… for WORSE services: Watchdog warns of Covid double whammy as it emerges local authority budgets took a £9.7billion hit from pandemic The National Audit Office said the pandemic had left some councils at risk of ‘financial failure’, creating £6.9billion in additional costs in 2020/21 The Government has announced £9.1billion in … Read more
Has Covid’s variant-fueled fourth wave begun in Florida? ER visits for coronavirus symptoms are 30% higher in the Sunshine State compared to the rest of the US New CDC data shows that 2.6% of all emergency department visits in Florida are for coronavirus-like illness This figure is 30% higher than the 2% seen for emergency department … Read more
People with higher incomes are ‘prouder, more confident and less afraid’, according to ‘the most comprehensive analysis to date’. Researchers in the US and Singapore analysed income data and questionnaire results of 1.6 million people in 162 countries, including the US, the UK, Ireland, Australia, Germany, France and Japan. Higher income predicted whether people felt … Read more
The most startling number in the Budget is tucked away at the back of the Red Book. It reveals that, in the current fiscal year, which ends on April 5, the Government had to raise £483.5billion, a sum representing almost a quarter of national output. Next year it has to find a further £297.7billion. That … Read more
Contactless shoppers could potentially have to key in their Pin more often to prevent fraud when the tap and pay limit is more than doubled to £100 later in the year. Chancellor Rishi Sunak will announce the contactless limit for credit and debit cards will be increased from £45 in the Budget, to allow retailers … Read more
Tories’ war of words on tax rises: Kwasi Kwarteng rejects calls for higher levies as debate rages over Covid deficit Business Secretary Kwasi Kwarteng rejected calls for tax rises yesterday Former party leader William Hague has backed Rishi Sunak to raise taxes Kwarteng said it is vital that economic recovery was not ‘crushed’ by high … Read more
Sterling and travel stocks fly higher as investors welcome plans to ease lockdown rules By Mark Shapland For The Daily Mail Published: 22:18 GMT, 23 February 2021 | Updated: 22:36 GMT, 23 February 2021 Sterling made fresh gains and shares in sectors battered by the pandemic rallied as investors welcomed the plan to ease lockdown … Read more