Britons trying to make overseas payments find them blocked after Brexit

Britons trying to pay overseas direct debits and send money to banks and companies in Europe are having their transactions blocked as Brexit continues to cause hurdles and headaches. Those trying to send money abroad now have to provide an additional layer of detail when making payments as the UK is now classed as a ‘third … Read more

TfL made more from Congestion Charge fines than payments

A new probe has revealed that TfL has been earning more from Congestion Charge fines than legitimate payments in the last year Motorists were handed fines totalling £130million by Transport for London over the course of a year for failing to pay the capital’s Congestion Charge. That is more than double the £52million in revenue … Read more

College chiefs enjoy payments while students have to pay for flats they can’t live in

Universities shell out £500k on bosses’ digs: College chiefs enjoy payments for housekeepers and utilities… while students have to pay for flats they can’t live in because of lockdown £512,309 was spent on residences by 26 universities from 2019 to last year Some vice-chancellors at universities have TV licences and gardening covered Comes as students … Read more

‘Unless Republicans have a death wish… they must approve the $2,000 payments ASAP’ Donald Trump says

Mitch McConnell filed a bill the couples the $2,000 stimulus checks with the full repeal of section 230 and a probe of election fraud – all items desired by President Donald Trump but, together in one legislative package, could prove a deadly combination that will fail to become law. His bill, filed with the Senate … Read more

What has the pandemic done to the future of payments in Britain?

There are not many things that had a better 2020 than the QR code. Although the scannable square barcode dates back more than 25 years, it became an everyday fixture this year thanks to the coronavirus pandemic. Pubs and restaurants digitised their menus and Britons across the country were asked to scan black and white … Read more

Axe falls on taxpayer subsidies to farmers: George Eustice to confirm that payments will be stopped

Government reveals plans to ‘revolutionise’ farming with payments to protect the environment, produce free-range goods and ‘restore the landscape’ replacing costly EU subsidies While currently farmers are paid subsidies for amount of land they own, new system will see incentives for implementing sustainable, eco-friendly measures This includes producing free-range products and improving farm animal welfare … Read more

Axe falls on taxpayer subsidies to farmers: George Eustice to confirm that payments will be stopped

Axe falls on taxpayer subsidies to farmers: George Eustice is to confirm that payments will be stopped in post-Brexit shake-up of agriculture Environment Secretary George Eustice will give details on the cuts today  The subsidies will be cut from next year and gone altogether by 2028   The National Farmers’ Union warned last night that it … Read more

Interest payments on the national debt to be lower than expected

Interest payments on the national debt to be £70bn lower than expected over next five years thanks to rock-bottom rates By Daily Mail City & Finance Reporter Published: 21:50 GMT, 25 November 2020 | Updated: 21:50 GMT, 25 November 2020 Interest payments on the ballooning national debt will be almost £70billion lower than previously expected … Read more