Post offices bosses say 3,000 rural branches face ‘armageddon’ without extension of annual subsidy

More than 3,000 rural post offices face ‘armageddon’ without a £50million bailout, campaigners warned yesterday. They are calling on Chancellor Rishi Sunak to extend the annual subsidy after April next year, when it is due to expire. The cash keeps afloat 3,100 branches that are too small to make a profit and are now being … Read more

Biomass plants £13 billion subsidy ‘should be reviewed’

£13 BILLION subsidy for biomass power plants ‘should be reviewed’ as burning wood pellets releases more carbon dioxide per unit of electricity than coal, think-tank reveals Supporters claim biomass power is carbon-neutral as burned trees are replanted But carbon released by burning wood may not be reabsorbed for centuries Climate change think-tank Ember has called … Read more

UK Airline industry wants wage subsidy scheme extended

Britain’s airline industry urging Government to extend £40bn wage subsidy scheme as it warns of a ‘cash crisis’ By Daily Mail City & Finance Reporter Published: 21:55 BST, 26 April 2020 | Updated: 21:55 BST, 26 April 2020 Britain’s airline industry is urging the Government to extend the £40 billion wage subsidy scheme as it … Read more