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Return tickets could be scrapped in demand-based system as part of wider reforms to ‘broken model’, says transport secretaryTrain tickets in Britain could be priced like airline seats under a demand-based system being trialled by the government as part…
An anonymous reader quotes a report from The Guardian: Consumers could be using a new digital pound as an alternative to cash by the end of the decade under plans being drawn up by the Bank of England and the Treasury. The government is speeding up its…
Britons will be able to fix monthly home loan costs at level below Bank of England base rateFive-year fixed-rate mortgages priced at below 4% are back on sale for the first time since just after the disastrous autumn mini-budget.HSBC has repriced its r…
Halifax figures show average house price largely unchanged in January at £281,684UK house prices were roughly flat in January, having fallen in the previous four months, according to Halifax.Average prices were stable at £281,684 last month, the lender…
Public spending watchdog says £69bn package was applied so quickly it could be open to fraudA “significant number” of households in Great Britain received financial support they did not need through the government’s £69bn package to cushion the blow of…
Senior judge makes ruling covering England and Wales amid concerns over vulnerable customersMagistrates have been ordered to stop issuing warrants allowing energy firms to force fit prepayment meters in England and Wales.One of the country’s most senio…
Trade body SMMT cuts forecast for annual sales, citing inflation and interest rate increasesSales of electric vehicles fuelled the strongest start to the year for the UK car market since before the pandemic, although the forecast for annual sales has b…
The often discounted rate is to be replaced with two singles costing the same as the present return fareReturn tickets will be scrapped and new digital ticketing introduced under reforms of the British rail system expected to be announced this week.The…
Millions will see costs mount by another 40% in April as rebate scheme ends and chancellor lets cap go up to £3,000Chancellor Jeremy Hunt has rejected calls to prevent sharp rises in domestic energy bills for all households in his March budget – meani…
Companies facing backlash amid warning of mid-contract price rises of up to 17% during cost of living crisisBritain’s telecoms regulator is being urged to intervene over concerns that mobile and broadband operators are “lining their pockets” with £2.2b…