Rishi Sunak is set to slash £4bn from foreign aid

The foreign aid budget is to be slashed by £4billion a year, Rishi Sunak will announce today. Spending will fall to around £10billion next year for the first time in almost a decade as the Chancellor struggles to fill the black hole in the nation’s finances. Rather than making it a one-off cut, ministers will … Read more

Rishi Sunak is set to slash £4bn from foreign aid

The foreign aid budget is to be slashed by £4billion a year, Rishi Sunak will announce today. Spending will fall to around £10billion next year for the first time in almost a decade as the Chancellor struggles to fill the black hole in the nation’s finances. Rather than making it a one-off cut, ministers will … Read more

The £4bn cost of shut schools: Parents struggle to cope with childcare

Working parents are forfeiting £250 million in earnings every week as the continuing closure of schools and nurseries force them to cut down on work to look after their children, Money Mail can reveal. Families are losing an average of £36 per week from their household income as they struggle to cope with increased childcare … Read more

MARKET REPORT: £4bn of dividends are axed or delayed by virus fears 

During a rocky period on the stock market, investors would usually take solace in a guaranteed stream of dividend payments.  But the coronavirus pandemic has required companies to take desperate – and at times unprecedented – measures to protect their finances.  A staggering £4.2billion of dividends have been axed or deferred so far this month, … Read more