British Gas stuns couple with whopping £57,000 energy bill for one-bed home | Personal Finance | Finance

A Brit couple was left stunned after they received a massive five-figure energy bill for their tiny one-bedroom home. British Gas told Katie Coyne, 60, and her husband Richard, 64, that they had racked up a £57,000 bill on gas and electric in a single month, and were given just weeks to pay the eye-watering sum despite their entire annual estimate More...

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By admin On Tuesday, April 16th, 2024
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Falling confidence sends fees at recruitment group Hays tumbling | City & Business | Finance

White collar recruitment giant Hays says that its third quarter fees have plunged 17 percent due to employers taking longer to hire both temporary and permanent staff. Chief executive Dirk Hahn, who succeeded More...

By admin On Tuesday, April 16th, 2024
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HMRC clarifies how tax codes will work under after Child Benefit rules change | Personal Finance | Finance

HMRC has explained how tax codes will change for those affected by changes to Child Benefit. As announced in the Spring Budget, the income threshold for the High-Income Child Benefit Charge has increased from More...

By admin On Tuesday, April 16th, 2024
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‘I’m a business consultant – this is what Bank of England should do to interest rates’ | Personal Finance | Finance

He said if it was just the unemployment figures that had moved he would say it’s still best to hold off dropping the rates, but given the inflation figures as well, now is the time to drop the rates. The More...

By admin On Tuesday, April 16th, 2024
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Dr Martens profit warning sparks plunge in share value as rising costs ravage shoe giant | City & Business | Finance

Dr Martens’ shares lost a third of their value after it warned that tough trading in the US and rising costs could slash its annual profits by two thirds. Aside from the warning in its full year trading update, More...

By admin On Tuesday, April 16th, 2024
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UK businesses call on government for support in achieving their environmental commitments | City & Business | Finance

Businesses are struggling to achieve their environmental sustainability commitments – as the cost-of-living and inflation continue to bite. Research, into 1,400 decision makers from businesses with up to 1,000 More...

By admin On Tuesday, April 16th, 2024
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Home insurance claims surge as Storm Babet and others wreak havoc on properties | Personal Finance | Finance

The value of weather-related damage insurance claims surged to an all-time high of £573 million last year. The figure was up by 36 percent on 2022 and was largely fuelled by the succession of storms, including More...

By admin On Tuesday, April 16th, 2024
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DWP benefits claimant makes 50p error and is shocked at what she’s told over phone | Personal Finance | Finance

A single mum was left aghast after the Department for Work and Pensions (DWP) demanded she repay £11,000 for exceeding her benefit’s earnings limit by as little as 50p a week. Karina Moon, aged 62, faced More...

By admin On Tuesday, April 16th, 2024
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Superdry launches £10m turnaround plan to see off threat of insolvency | City & Business | Finance

Superdry will fall into administration unless shareholders back his three year, multi-million pound turnaround plan for the struggling fashion chain, chief executive Julian Dunkerton warns. Dunkerton’s plan More...

By admin On Tuesday, April 16th, 2024
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Car buyers could be saving £1,500 when purchasing popular models due to sales boom | Personal Finance | Finance

A surge in the availability of second hand cars, including a flood of cheaper used electric vehicles, is driving a sales boom. The number of used cars sold in 2023 was up some 350,000 on the year before, according More...

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