The foreign aid budget is to be slashed by £4billion a year, Rishi Sunak will announce today. Spending will fall to around £10billion next year for the first time in almost a decade as the Chancellor struggles to fill the black hole in the nation’s finances. Rather than making it a one-off cut, ministers will … Read more
British companies may have fraudulently claimed up to £4 billion intended for furloughed workers – with £2 billion being taken by organised criminals – a damning report has found. The National Audit Office (NAO) estimated that fraud and error on the furlough scheme could have ranged from five to 10 per cent on claims totalling £39.3 billion. … Read more
Working parents are forfeiting £250 million in earnings every week as the continuing closure of schools and nurseries force them to cut down on work to look after their children, Money Mail can reveal. Families are losing an average of £36 per week from their household income as they struggle to cope with increased childcare … Read more