Taxpayer faces £40bn bill as cost of emergency loan schemes soars
The taxpayer could be saddled with a £40billion bill as thousands of loans handed out under emergency government schemes turn sour. The Treasury watchdog confirmed
News for nerds
The taxpayer could be saddled with a £40billion bill as thousands of loans handed out under emergency government schemes turn sour. The Treasury watchdog confirmed
The Chancellor is under renewed pressure to reinstate duty-free shopping after the Office for Budget Responsibility (OBR) revealed how little it would save. Earlier this
Aggressive cost-cutting and a rebound in demand for car parts has helped steady the ship after a tumultuous start to the year. Melrose, which bought
Interest payments on the ballooning national debt will be almost £70billion lower than previously expected over the next five years. The debt – less than
The race is on across the north of England as leaders compete for their regions to become the seat of two economic hubs. Rishi Sunak
Virgin Money has sunk to a full-year loss after setting aside £501million to cover bad loans. The challenger bank, which was also knocked by £292million
‘Our health emergency is not yet over,’ the Chancellor of the Exchequer said yesterday. ‘And our economic emergency has only just begun.’ Facing the steepest