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No free bus passes for under 22s, says goverment
Posted onA proposed plan to trial free bus passes for under-22s in England will not go ahead as it is “unaffordable” at the moment, the government has said. The trial was one of a number of recommendations put forward by the Transport Committee, a cross-party group of backbench MPs, in a report this August – with…
What the interest rates cut means for mortgages, pensions and savings
Posted onRachel Clun Business reporter, BBC News Getty Images Changes to the Bank of England’s base rate can affect mortgage and savings rates The Bank of England has cut UK interest rates from 4.25% to 4%, the lowest level since March 2023. The Bank of England interest rate can affect mortgage rates and interest rates on…
North Sea drilling restrictions to be relaxed in new Labour plan
Posted onPlans to relax restrictions on new oil and gas drilling in the North Sea will be unveiled on Wednesday under the government’s North Sea Strategy. Chancellor Rachel Reeves will announce the publication of the strategy as part of her Budget speech, the BBC understands. The Department for Energy Security and Net Zero will release a…
Rachel Reeves unveils plan to cut red tape for business
Posted onChancellor Rachel Reeves has said she plans to scrap “needless form filling” in a bid to boost business growth. Speaking at a regional investment summit in Birmingham, the chancellor said the reforms would boost growth and “make the UK a top destination for global capital”. Ahead of the Budget next month, Reeves acknowledged that “for…
Sheffield’s Baby Basics UK opens bigger premises to meet demand
Posted onA baby bank which supports families with vulnerable children has moved to a bigger premises to help meet demand for its services. Baby Basics UK, which provides practical essentials to families with children up to five years old, has moved to Albion House in Savile Street, Sheffield. Since 2019 it said demand for help had…
Penguin and Club bars can no longer be described as chocolate
Posted onMcVitie’s Penguin and Club bars are no longer classed as chocolate after rising cocoa prices led the makers to switch to using other ingredients. Club bars had previously been marketed under the slogan: “If you like a lot of chocolate on your biscuit, join our club”. But both treats are now described as “chocolate flavour”…
