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Badenoch ‘worried’ UK may need IMF bailout
Posted onKemi Badenoch has said she is “really worried” that the UK might be forced to embark on a 1976-style bailout from the International Monetary Fund. The Conservative leader told BBC Newsnight that the UK could be forced to go “cap in hand” to the IMF unless the government delivers a plan for economic growth. She…
Children in Cornwall to be auto-enrolled for free school meals
Posted onPA Media The new system will go live from September 2026, Cornwall Council said Automatic enrolment for free school meals is being introduced in Cornwall, the county’s council has announced. The move, agreed at a meeting of the council’s cabinet, means from September families who are eligible for Free School Meals will no longer need…
Octopus Energy to spin off $8.65bn tech arm Kraken
Posted onArchie MitchellBusiness reporter Getty Images Octopus Energy is set to spin off its Kraken Technologies arm as a standalone company after a deal to sell a stake in the platform valued it at $8.65bn (£6.4bn). The energy giant, Britain’s biggest gas and electricity supplier, has sold a $1bn stake in the AI-based division to a…
Insurers told to make travel and home policies easier to understand
Posted onGetty Images Storm damage is one area often in dispute Insurers need to do more to improve how they handle claims and make it clearer to customers what their policies cover, the UK’s finance regulator has said. The Financial Conduct Authority (FCA) was responding to a “super-complaint” by consumer group Which? about the home and…
Charity says food poverty is rising across Devon and Cornwall
Posted onA food sharing charity said it had provided more than 500,000 meals to those in need across Devon and Cornwall this year and was ramping up its operation in the run up to Christmas. Charity FareShare South West (FSSW), which works with local supermarkets and farmers, said this year more than 800 tonnes of produce…
