Category archives for: Finance

Revised pension deal backed by ATL union

Following a long and determined struggle which saw a one-day strike take place in November the revised pension deal offered by the government has been voted to be backed by the Association of Teachers and Lecturers (ATL) members.
Representing a total of 160,000 head teachers, teachers, lecturers and support staff the [...]

Benefit cap plan suffers defeat in Lords

The proposed government plan to introduce a £26,000 household benefit cap has suffered a defeat in the House of Lords when it was voted on today.
The Rt Rev John Packer had put down an amendment which would exclude child benefit from being included within the cap and it received a majority vote [...]

Benefits cap plan in present form opposed by Lord Ashdown

The governments proposed plan to bring in a benefit cap to restrict the amount of money a single household could receive has come under more opposition and Lord Ashdown the former Liberal Democrat leader has said that he will vote against it in its present form.
Lord Ashdown has said that the present plan for [...]

Government could face ‘hugely complex’ problems with reform of child benefits

The governments proposed plans to withdraw child benefits from any family with a higher-rate taxpayer could become a tax on marriage said the Low Incomes Tax Reform Group (LITRG)  and would quite possibly be “hugely complex”.
The plans were announced initially by the Conservative Party when they held their October 2010 conference [...]

Gas prices cut by ScottishPower

Today saw the final two of the “Big-Six” energy companies announce price cuts with E.On earlier on in the day making a 6 per cent cut in their standard prices of  electricity  and then ScottishPower reducing their gas prices by 5 per cent.
The reductions in price by ScottishPower and E.On will both come into [...]

Gas prices cut by Npower

Fourth of the “Big-Six” energy companies Npower have announced today that they will cut their gas prices from 1 February by 5 per cent.
The mild winter period being experienced in the UK over the last few months has been the reason that wholesale prices have fallen so sharply however  chief executive [...]

Gas price cut by EDF Energy

In an announcement made today by EDF Energy they said that they would be cutting the price of their gas by 5 per cent as from the 7 February.
This years mild winter weather has prompted wholesale gas prices to fall sharply and today’s announcement by EDF is expected to be just the [...]

Crisis in Eurozone may lead to lower fuel bills

An independent price comparison service has said that from research data it has been able to compile that it predicts the deepening turmoil presently being experienced in the Eurozone could see UK customers making savings on their domestic energy bills of at least 7 per cent. Energyhelpline.com have been studying the current [...]

UK strike rallies held by public sector

As previously warned many hospitals, schools and other services were disrupted today as thousands of people rallied across the UK protesting against the proposed plans for public sector pensions.
According to the unions nearly two million people joined in the strike protests today which caused postponements to thousands of hospital operations [...]

Chancellor Osborne delivers gloomy Autumn Statement

In the governments 2011 Autumn Statement made by Chancellor George Osborne he lowered the forecasts for the UK’s economic growth and said that for the next two years there would be a cap of 1 per cent implemented on pay rises in the public sector.
The chancellor also delivered new revised figures [...]

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