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Families skipping meals during school holidays, warns charity
Posted onFamilies are skipping meals to make ends meet during the school holidays, a charity has warned. FareShare Sussex & Surrey says some parents are facing extra food costs as children cannot access free school meals over the summer break. Dan Slatter, chief executive of the charity, told the BBC there was a “mountain of need….
Energy price cap to change as winter beds in
Posted onKevin PeacheyCost of living correspondent Getty Images Regulator Ofgem will announce the next energy price cap later on Friday, with prices for millions of households expected to fall slightly at the height of winter. Gas and electricity bills remain relatively high, and the sudden drop in temperature has brought the costs to the forefront of…
Reeves speech did not mislead on challenges facing UK ahead of Budget, says OBR official
Posted onMichael RaceBusiness reporter Getty Images A senior official at the UK’s economic forecaster has said he does not believe the chancellor was being misleading when she said the state of the public finances were “very challenging” in the run-up to the Budget. Prof David Miles from the Office for Budget Responsibility (OBR) told MPs Rachel…
Davos: Trump looms large over biggest-ever World Economic Forum
Posted onFaisal IslamEconomics editor, Davos, Switzerland EPA-EFE/REX/Shutterstock Trump appeared at Davos remotely last year, just a few days after his inauguration Apart from the snow and the temperature Greenland does not have much in common with the Swiss alps. But the fight for the future of the island looms over the gathering of world leaders and…
Fears energy bill rise mean people surviving rather than living
Posted onThe increase for those on variable deals comes as the higher wholesale costs, faced by suppliers, feeds through to bills. The conflict in Iran scuppered Bank of England UK inflation targets of 2% over the next five years. Regulator Ofgem said the war means a household using a typical amount of gas and electricity will…
