Recent research has revealed that welfare claimants in Britain are receiving over £10 billion in hidden benefits, in addition to the substantial £100 billion spent on Universal Credit payments annually.
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Sir Sadiq Khan, the Mayor of London, is under fire for allegedly overstating his achievements in promoting affordable housing within the capital. Critics have accused him of misleading the public
Forest, the London-based electric bike start-up, has seen remarkable growth since its founding in 2019, currently boasting a fleet of approximately 20,000 electric bikes and an impressive average of two
Government borrowing has significantly decreased by £7 billion in December compared to a year earlier, according to official figures from the Office for National Statistics (ONS). The government borrowed £11.6
Britain’s struggling pubs face a renewed challenge as the Labour government proposes to raise visa costs for foreign workers. This move comes at a time when the hospitality sector is
Andrew Bailey, the Governor of the Bank of England, has expressed concerns regarding the increasing reliance on hedge funds within Britain’s government debt markets. He indicated that these funds have
The British government has approved a significant £25 million investment in Kraken Technologies, marking its largest direct financial commitment to date. This move is part of a broader strategy aimed
Concerns are mounting regarding the future of the UK’s flagship £10 billion military space programme, known as Skynet. The impending threat arises amid significant defence spending cuts, which could influence
Recent market assessments have raised concerns regarding the sustainability of Chancellor Rachel Reeves’s newly established fiscal buffer. Originally set at £22 billion, projections suggest that as much as £14 billion
Australian Travel Giant Faces £80 Million Overcharging Scandal Amid Billions in Government Contracts
Corporate Travel Management, an Australian travel company headquartered in Brisbane, has admitted to overcharging British clients at least £80 million over the past three years. The revelation exposes significant financial
A London-based artificial intelligence company has been acquired by Accenture in a transaction valued at approximately $1 billion, or £740 million. Faculty, which provides AI tools and services to public
The Japanese technology company Fujitsu has come under intense scrutiny from Members of Parliament regarding its contribution to a £1.8 billion compensation scheme for victims of the Post Office Horizon
The Cabinet Office permanent secretary and civil service chief operating officer, Cat Little, has confirmed that approximately 5,000 officials are expected to depart the civil service under voluntary exit schemes
Household energy bills across Britain are predicted to fall by 8 per cent from April, reducing a typical annual bill by £138 to £1,620 per year. This decline represents the
The Competition and Markets Authority has raised concerns over continuing high profit margins on road fuel in Britain, challenging claims from fuel retailers that increased operating expenses justify the higher
Government borrowing in the United Kingdom surged to £132.3 billion between April and November, marking the second-highest level for this period, according to the latest figures from the Office for
