Budget 2021: FTSE 100 rises 0.8% as Rishi Sunak £407bn Covid response plan announced

London markets cheer on Chancellor’s budget: FTSE rises 0.8% or 53 to 6,667 points as Rishi Sunak unveils more big spending to boost Covid-hit economy FTSE 100 index of UK’s leading companies up 0.8% or 53 points at 6,667 today However it had been up further in early trading in London at 6,703 this morning … Read more

Tories’ war of words on tax rises: Kwasi Kwarteng rejects calls for higher levies

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

Rail passengers will be hit by above-inflation price rises tomorrow

Commuters and frequent travellers in England and Wales will be hit by above inflation fare rises from Monday.     Rail passengers in England will see ticket prices increase by around 2.6 per cent while those in Wales will face a similar increase. Meanwhile in Scotland, the Government is implementing smaller rises of 1.6 per cent and … Read more

Sainsbury’s dishes out pay rises for all supermarket staff

Sainsbury’s dishes out pay rises for all supermarket and Argos workers as well as another bonus for frontline staff Supermarket and Argos workers will see their hourly pay rise to £9.50 in March Staff in central London stores will have their pay boosted to £10.10p per hour In November, group said it planned to axe … Read more

Spring Budget 2021: Tax rises on white wine ‘hit women hardest’, campaigners say

Women are being unfairly penalised for their love of wine with big tax rises, campaigners say Television host Kate Thornton said increase in duty would ‘hit women hardest’  Wine Drinkers UK asking Rishi Sunak to cut Excise Duty on wine in the Budget  Survey found 43 per cent of women favour wine, compared to 21 … Read more

Households braced for bill hikes as providers announce price rises

Households braced for higher bills as TV, broadband and energy providers announce a raft of price hikes By Amelia Murray For The Daily Mail Published: 22:00 GMT, 23 February 2021 | Updated: 22:35 GMT, 23 February 2021 Households are preparing themselves for a big rise in bills this year as a string of providers announce … Read more

Unemployment rises to 5.1 per cent as ‘furlough extended’

Unemployment has risen again to a five-year high of 5.1 per cent as Rishi Sunak prepares to extend the huge furlough scheme for months more. Official figures showed that in the three months to December the rate went up by 0.1 per cent compared to the equivalent period to November. The increase – hitting younger … Read more

Covid UK: FTSE 100 rises after ‘roadmap out of lockdown’ revealed

FTSE 100 creeps up by just 14 points or 0.2 per cent to 6,616 as investors tentatively welcome Boris Johnson’s plan to lift Covid restrictions FTSE 100 index rises 14 points to 6,616 in half-hour after PM’s announcement  But index of Britain’s leading companies is still down by 12 points or 0.2% on day Fears … Read more

Elliot Page confirms Umbrella Academy season 3 filming has begun… after cast ‘pushed for pay rises’

‘Omg we’re back again’: Elliot Page confirms Umbrella Academy season 3 filming has begun… after cast ‘pushed for pay rises’ By Tracy Wright For Dailymail.com Published: 17:55 GMT, 16 February 2021 | Updated: 17:55 GMT, 16 February 2021 Elliot Page confirmed filming on the third season of Umbrella Academy is underway. The 33-year-old actor shared … Read more

Protect struggling families from spring council tax rises, Keir Starmer tells Rishi Sunak

Protect struggling families hit by coronavirus economic collapse from council tax rises, Keir Starmer tells Rishi Sunak amid fears of bills surge in April Sunak confirmed councils can levy an extra 5 per cent onto tax bills in 2021-22 Decision came in the face of record public borrowing to support the country  Labour says 5% … Read more