Young people out of work, training and education edges closer to one million

In total, the Bank reckons two out of five residential borrowers, close to four million, will face a similar situation in the next few years, with an average 8% rise in repayment costs. (Although it also points out one in three are likely to see lower repayments during this time).

It could take months before the benefits of Jaguar Land Rover resuming production filters down to the supply chain, a chamber of commerce said. JLR has said it would resume some production in the “coming days” after a cyber-attack forced the carmaker to suspend operations. At the weekend it emerged the government will underwrite a…

Angie BrownEdinburgh and East reporter BBC There were flight cancellations and delays following the outage Passengers are experiencing delays and cancellations after an air traffic control outage led to the suspension of flights to and from Edinburgh Airport. Services resumed at 10:40 after flights were grounded for about two hours, with some passengers reporting being…

Emer Moreau,Business reporter and Katy Austin,Transport correspondent Getty Images The backlog of driving tests grew after the covid-19 lockdown Only learner drivers will be able to book driving tests in plans aimed at reducing long waiting lists and preventing slots being sold at inflated prices. Transport Secretary Heidi Alexander said limiting third parties from reselling…