Could our energy bills hit £5,000 a year?
British households face a worst-case scenario of fuel bills soaring to £5,000 a year by 2020 as an energy crisis unfolds, they were warned today
Archive for February 3rd, 2010
Will the Tories really help savers?
The Conservative party has outlined its eight economic pledges but are the promises anything savers should get excited about?
Tories vow to axe compulsory annuities
The Conservatives have pledged to scrap laws which force savers to purchase an annuity by age 75, if the party gets into power
IFS issues caution to Government in its quest to repair public finances
A report by the Institute for Fiscal Studies (IFS) has said the Government needs to be ambitious in tackling the public finances but warned that economic recovery should not be put at “undue risk”.
The Institute believes an extra £13 billion in tax hikes or spending cuts is required by 2015-16 in order to repair [...]
UK services sector activity dips in January
The key services sector slowed in January as a result of bad weather and the VAT rise, according to analysts.
The latest activity index from the Chartered Institute of Purchasing and Supply (CIPS)/Markit PMI showed a reading of 54.5 in January from the 56.8 in December – however, any reading above 50 indicates growth.
The reading was [...]
Orange and T-Mobile merger under threat
The planned merger between mobile phone giants, T-Mobile UK and Orange, is set to be investigated by the Office of Fair Trading (OFT).
The OFT said the merger “threatens significantly to affect competition in mobile telecommunications in the UK”.
At the time of the proposed merger in September, the two phone giants said a deal would [...]