Why paying £5 for a latte is here to stay

A proposed plan to trial free bus passes for under-22s in England will not go ahead as it is “unaffordable” at the moment, the government has said. The trial was one of a number of recommendations put forward by the Transport Committee, a cross-party group of backbench MPs, in a report this August – with…

Simon JackBusiness editor Reuters Business leaders face a nervous final few days before the chancellor’s second Budget, having borne the brunt of a brutal set of tax hikes this time last year. Firms are still reeling from those: the £25bn National Insurance increase and an inflation-busting rise in the minimum wage. Confidence in boardrooms has…