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Tynwald committee warns against systematic reliance on reserves
BBC A committee has made 11 recommendations after reviewing the role of the Treasury, reserves and the island’s structural deficit A Tynwald scrutiny committee has warned the Isle of Man’s government could face “significant repercussions” if it does not end its “systematic reliance” on financial reserves. The Economic Policy Review Committee (EPRC), led by three…
What is the two-child benefit cap and how could it change?
Getty Images The two-child limit means many low-income families do not receive further benefits when they have a third or subsequent child. It has been the subject of intense political debate and speculation, with Chancellor Rachel Reeves hinting at changes in the Budget. So how does the system work and what might happen? What is…
Car headlights to be reviewed after drivers complain of being ‘blinded’ at night
Katy Austin,Transport correspondent and Lucy Hooker,Business Reporter EPA Criticism from drivers over the dazzle from oncoming headlights has prompted the government to take a closer look at the design of cars and headlamps on UK roads. Drivers say LED headlamps, which are increasingly common in new vehicles, are causing them problems and making it harder…
CPI inflation: Price increases in the US ease in November
Natalie ShermanBusiness reporter Bloomberg via Getty Images Price increases in the US eased in recent months, as costs for items including hotels, milk and some kinds of clothing fell. The latest figures from the Labor Department showed prices rose 2.7% over the 12 months to November. That pace was down from 3% in September and…
Learner drivers face 24-week wait as backlog continues for two more years
Pritti MistryBusiness reporter Getty Images The backlog of driving tests grew after the covid-19 lockdown Learner drivers face months of delays booking practical tests because a backlog will not be cleared until November 2027, a watchdog has warned. The National Audit Office (NAO) said there was a backlog of 1.1 million tests that were not…
