Ministers are ready to approve the swift development of a fleet of “mini” reactors to help guard against electricity shortages, as older nuclear power stations are decommissioned. The new technology is expected to offer energy a third cheaper than giant conventional reactors such as the ongoing Hinkley Point in Somerset.
Arise in the cost of overseas holidays is likely to constrain consumer spending in pubs according to the boss of one of the UK’s biggest chains. Rooney Anand, the chief executive of Greene King, said discussions it had undertaken directly with customers as well as its managers suggested consumers
Renault-Nissan and Kia are the latest car companies to launch car trade-in schemes, aimed at persuading UK customers to swap older, more polluting, car models for new ones. Earlier Volkswagen and Toyota announced diesel scrappage schemes, joining BMW, Ford, Hyundai, Mercedes-Benz and Vauxhall who have all launched schemes. The car
The amount of money put into cash Individual Savings Accounts (Isas) has fallen by a third year-on-year, as low interest rates and tax changes make them less attractive to savers. In the 2015-16 financial year, cash ISA holders paid £58.7bn into them. But in 2016-17, only £39.2bn of new money
Travellers buying their currencies at UK airports are being offered as little as 86 euro cents to the pound. Foreign exchange broker FairFx, which carried out a survey for the BBC, said this rate, from Moneycorp at Southampton airport, was the worst at any airport bureau de change. The average
One in five people struggling with debts has seen their credit card limit automatically increased – a higher proportion than for cardholders in general, a charity has claimed. Citizens Advice said 18% of those struggling financially had seen the limit increased without request, compared with 12% overall. It wants a