Financial news

• Post Office a ‘dead duck’ and should be sold to Amazon for £1, Alan Bates tells MPs – video

  27-02-2024 14:09
  
  The former post office operators giving evidence to the business committee said there was a problem with the whole culture at the Post Office. Alan Bates, founder of the Justice for Subpostmasters Alliance and the person whose story formed the basis of the ITV drama that turbocharged political interest in the scandal, said thePost Office was a 'dead duck' and had been for years. 'You should sell it to someone like Amazon for a pound, get really good contracts for all the serving subpostmasters.
  
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• BT always has a new line … in broadband excuses

  27-02-2024 09:00
  
  Its corporate response to a delay in connecting a customer has been breathtakingHere’s a breathtaking insight into the corporate mind. Last month, I told the tale of BT customer CP of Croxdale, Durham, who wanted a broadband service.After four months’ delay, he was informed he would have to pay up to £3,000 for the “complex” installation. He couldn’t be told the precise sum until he had agreed to pay it and, unless he agreed within four days, his order would b
  
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• Most Britons say poor people deserve support. So what do Sunak’s Tories do? Cut, cut, cut | Polly Toynbee

  27-02-2024 07:00
  
  Another slash to benefits is coming, pushing even more people into poverty. Neither Labour nor Conservative voters want itThe alarm sounds over and over again. Every organisation concerned with the cost of living and children going without is trying to alert the public to the worsening crisis, ahead of the budget. If you’ve heard it all before, this is shockingly beyond normal, even for this government. This month, poverty will rise, and not by accident, as 6.4 million people on universal
  
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• Anti-leasehold bill contains loopholes for developers, say campaigners

  27-02-2024 07:00
  
  Clauses in Michael Gove’s bill include exemptions for properties in a retirement village or on land where a lease has already been grantedMichael Gove’s signature bill to stop developers selling new houses as leasehold properties contains loopholes that will allow them to continue doing so in certain circumstances, a revelation that has triggered anger among housing campaigners.The housing secretary will bring his leasehold reform bill back to the Commons for a final time on Tuesday,
  
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• How green are electric cars? – podcast

  27-02-2024 06:00
  
  Electric cars might seem like a no-brainer on a warming planet, but there are plenty of people who remain sceptical about everything from their battery life to their carbon impact and the environmental and human rights costs of their parts. Madeleine Finlay consults Auke Hoekstra, known as the internet’s ‘EV debunker in chief’, to unpick the myths, realities and grey areas surrounding electric carsClips: Joe Rogan, Global RadioRead Jasper Jolly’s EV mythbusters series her
  
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• Shop price inflation falls to lowest level since May 2022 thanks to falling tea costs

  27-02-2024 01:01 via express.co.uk
  
  The easing is "good news for the morning brew" as the price of tea and milk fell, while alcohol remained more expensive on the back of increased duties.
  
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