Thousands of motorists could be forced to pay a hefty daily rate if major rule changes affecting London’s congestion charge are introduced next year. The Transport for London website states that only battery electric vehicles or hydrogen fuel cell vehicles are eligible for the cleaner vehicle discount. However, the discount for cleaner vehicles under the … Read more
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Image source, Shutterstock Item information Author, Charlotte Edwards Role, BBC business reporter June 27, 2024 12:17 BST Updated 2 hours ago Around three million households will see their mortgage costs rise over the next two years, the Bank of England has said. The Bank’s latest Financial Stability Report also states that around 400,000 mortgage holders … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favorite stories in this weekly newsletter. Lufthansa is the first airline to pass on the costs of the new European emissions rules to passengers. It has been announced that from next year there will be a surcharge of €1 to €72 … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Linda Yaccarino has shaken up her inner circle at X as she faces pressure from Elon Musk to increase revenue and cut costs, a year after becoming CEO. Yaccarino fired her right-hand man and chief … Read more
Britain’s residents spend billions of pounds abroad every year, but it can be difficult to know how to make the pound go as far as possible. Now that summer is fast approaching, so are the opportunities to go on holiday. That’s why the Money team spoke to travel experts to find out when, where and … Read more
In the broader economy, inflation can be tamed – at least for now – but not when it comes to essential insurance. A few days ago, market research firm Consumer Intelligence reported that home insurance costs were skyrocketing. Worryingly, there is little evidence to suggest that current price increases will slow down sooner or later. … Read more
Green aviation policies should be abandoned if the costs outweigh the benefits, the head of the world’s most influential aviation body has said. Willie Walsh, director general of the International Air Transport Association (Iata) and former boss of British Airways, said achieving net zero emissions by 2050 was “existential and not optional”. However, he also … Read more
Image source, Getty Images May 23, 2024 07:31 BST Updated 4 hours ago A cap on veterinary prescription costs is among the measures the UK Competition Authority is considering as it investigates the sector. The Competition and Markets Authority (CMA) is continuing a formal investigation into the veterinary market amid concerns that pet owners are … Read more
If we discovered that a business leader had made his fortune not only by making a large profit on the goods or services he sold, but also by stealing the incomes and savings of innocent members of the public – people who had no connection whatsoever their company – we would be outraged. Demands would … Read more