More people getting into debt due to household bills, charity says

Emer MoreauBusiness reporter Getty Images A quarter of all first-class post was delivered late last year Royal Mail has been fined £21m after almost a quarter of first-class post arrived late, Ofcom has announced. It is the third-largest fine the communications watchdog has ever issued and follows its investigation after Royal Mail missed its targets…

Plans 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…