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Decision to run Manchester to London ghost train uninformed, regulator admits
Katy AustinTransport correspondent Getty Images The rail regulator has admitted it “did not have all the facts” when it decided to not allow passengers on a peak-time train service between Manchester and London. The Office of Road and Rail (ORR) said it was missing “critical points” when it made a decision that would have turned…
Covid fraud and error cost taxpayers £10.9bn, report will say
Josh MartinBusiness reporter Getty Images The report will look at Covid-era programmes like Eat Out to Help Out, which subsidised hospitality bills Covid-19 support programmes cost taxpayers nearly £11bn through fraud and error, a report will say. The Covid Counter Fraud Commissioner Tom Hayhoe will say fraudsters exploited a “golden opportunity” when he shares his…
Bank of England expected to cut interest rates
Kevin PeacheyCost of living correspondent Getty Images Policymakers at the Bank of England are expected to cut interest rates – bringing the Bank rate down to its lowest level since February 2023. Analysts are widely predicting a fall from 4% to 3.75%, although they do not expect a unanimous decision among the nine-member Monetary Policy…
Vets should be made to publish prices, competition watchdog says
Michael Sheils McNameeBusiness reporter and Jim ConnollyBBC News Investigations Getty Images Vets should be forced to publish price lists so pet owners can see costs up front and shop around for the best deal, the competition watchdog has said. Owners are often unaware of prices or not given estimates for treatments that can run into…
Business rates changes will cost me £62,000
The owner of a small pub chain in the south east of England has said his costs will rise by £62,000 per year after changes announced in the Budget. Phil Thorley, who runs the Thorley Taverns pub group, said business rates – a tax on commercial properties – will rise for 17 of his 18…
