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Why the PM could finally drop the triple lock pension pledge
The prime minister’s Sunday morning BBC interview set hares running when it comes to the future of a policy once seen as politically untouchable. The timing of the PM’s new social care plan sparked suggestions the government could be about to signal the death knell to the state pension triple lock after 16 years. Andy…
Two South East charities get £300k to support older residents
Almost £300,000 has been awarded to two charities in the South East to support the work they do with older residents in financial hardship. The body Independent Age has given £149,997 to Citizens Advice Swale, in Kent, and a further £150,000 to Age UK East Sussex. The funding provided to the charities is designed to…
Energy investment of £28bn approved by regulator Ofgem
Energy regulator Ofgem has approved £28bn in investment to improve the UK’s energy network. Most of the funding in the five-year plan will go towards maintaining gas networks, but £10.3bn will be used to strengthen the electricity transmission network. Households will see an additional £108 added to energy bills by 2031 under the plan. But…
UK economy shrank unexpectedly by 0.1% in October
Rachel ClunBusiness reporter PA Media The UK’s economy shrank unexpectedly in the lead up to the Budget, according to the latest official figures. The economy contracted by 0.1% in October, the Office for National Statistics (ONS) said, whereas economists had been expecting it to grow by 0.1%. The economy also shrank by 0.1% in the…
