Heathrow nosedived to a £2 billion annual loss after the ‘toughest’ year in the airport’s 75-year history as the pandemic saw passenger numbers crash by 73%. The airport’s annual financial results, which were released this morning, lay bare the devastating impact the Covid crisis has had on the aviation industry. The number of people passing … Read more
‘All cheques and no balances’: Labour blasts Boris Johnson over £2billion cost of ‘crony contracts’ handed to Tory friends and donors during the coronavirus pandemic Labour’s Rachel Reeves attacked a lack of oversight over contracts handed out Accused Government of overseeing an ‘an unseemly gold rush’ of PPE contracts Said: ‘This crisis has been an opportunity … Read more
Several supermarkets have agreed to waive the business rates holiday and hand over the money saved. Here, we take a look at what it means: – What are business rates? Business rates are paid by every commercial property in the UK. They are similar to council tax for residential properties and are collected by local authorities … Read more
Record numbers of young are on benefits with 538,000 under-25s claiming universal credit in lockdown as Government launches £2billion scheme to get them into jobs ‘KickStart’ aims to create hundreds of thousands of jobs for ‘left behind’ youths Number of under-25s claiming Universal Credit risen by 250,000 in lockdown Increase means one in 13 of … Read more
The Government is planning to subsidise electronic bicycles for pensioners and commuters as part of plans to massively increase cycling through a £2billion anti-obesity drive. The e-bikes are like regular bikes but have a small motor usually hidden in the frame to aid travel uphill or on longer journeys. Ministers hope the programme will help … Read more
Bicycles will be prescribed by doctors for patients and all Britons will be offered free training on how to ride in a £2billion drive to get fat Britain ‘on its bike’. Free repair vouchers worth £50 will be handed out and there will be a massive expansion of cycle lanes as part of a revolution … Read more
Chancellor Rishi Sunak mulls TAX on online sales to raise £2BILLION for Government coffers and help ‘save the High Street’ One online tax would see the Treasury impose a two per cent levy on online sales Another would see businesses charged for every delivery that they complete Steps would raise billions for the government and … Read more
Crackdown on fraudsters exposes nearly £2billion of false benefits claims and overpayments The National Fraud Initiative matches data with public and private sector bodies It has identified £245 million of incorrect payments in the past two years alone The abuses range from housing benefits to disabled parking badges By Mail on Sunday Reporter Published: 01:31 BST, 19 … Read more
Boris Johnson pledges £2billion to rebuild Britain’s crumbling schools and make them ‘fit for the future’ A ten-year strategy will be launched with £1bn to rebuild 50 schools across UK Further £560m has been released to fund programme of refurbishment in 2020 And £200m spending has been brought forward to fund repairs at colleges By … Read more