There is ‘no clear evidence’ Britain’s £22 billion Test and Trace scheme contributed to a reduction in coronavirus infection levels, a cross-party group of MPs have said. On Wednesday, the British parliament’s Public Accounts Committee decried the ‘unimaginable’ costs of the programme, saying the system has not yet proven its worth as there is little evidence of … Read more
Surge in internet credit buys: Buy now pay later deals were fastest-growing online payment method last year By Ben Wilkinson for the Daily Mail Published: 22:01 GMT, 23 February 2021 | Updated: 22:01 GMT, 23 February 2021 Credit boom: Buy now, pay later schemes are predicted to account for 10 per cent of UK online spending … Read more
Government ‘is funding EIGHT vaccine passport schemes with over £450,000’ despite ministers claiming they have ‘no plans’ to use them InnovateUK documents show £450,000 in grants for ‘vaccination passports’ Money given to eight firms for research into secure digital vaccine certificates The government sources have denied plans to set up a passport scheme 478,000 people … Read more
Councils face legal challenges against pop-up cycle lanes and road closures introduced during Covid-19 pandemic Town halls are facing at least ten legal challenges against road schemes brought in during the pandemic Resident’s groups applying for judicial reviews into measures like road closures The cases include schemes introduced in six London boroughs which campaigners want … Read more
Home repossessions set to surge tenfold next year as support schemes dry up By Fiona Parker For The Daily Mail Published: 22:01 GMT, 19 January 2021 | Updated: 22:01 GMT, 19 January 2021 Home repossessions may surge tenfold in 2022, banking body UK Finance warns. Millions of borrowers have struggled to pay their mortgages in … Read more
Erasmus scheme’s £100million replacement: Government pledges to ‘expand opportunities to study abroad’ after program was scrapped as part of Brexit deal Turing scheme will provide funding for around 35,000 students to go abroad Decision to end involvement in the Erasmus scheme has proved controversial Nicola Sturgeon described the decision to leave Erasmus as ‘cultural vandalism’ … Read more
Billions being lost in Covid business loans fraud: Taxpayer faces £40bn bill as cost of emergency schemes soar By Lucy White For The Daily Mail Published: 21:55 GMT, 25 November 2020 | Updated: 21:55 GMT, 25 November 2020 The taxpayer could be saddled with a £40billion bill as thousands of loans handed out under emergency … Read more
Reality stars have been criticised for allegedly exploiting money worries to peddle ‘get rich quick’ schemes to fans amid lockdown. Instagram is rife with self-proclaimed ‘bedroom traders’ who claim to earn a fortune speculating on foreign currencies, or ‘forex’. They post dazzling images of expensive cars, wads of cash and glamorous foreign trips to reel … Read more
Regulators are pressing workplace pension schemes to scrutinise costs more closely to ensure staff are not over-charged. They propose tightening up rules on assessing value for money, including laying down standardised tests on charges and costs, investment performance and quality of service. Some independent governance committees, which are meant to represent the interests of people … Read more
Seven in 10 dentists will go BUST by August unless Treasury acts now: MPs back desperate plea for financial aid Dental practices across the country were ordered to close their doors when the UK lockdown was imposed in March in response to the coronavirus pandemic Many are not eligible for any of the Government’s financial … Read more