George Osborne

Some Relief for Rail Commuters as fares cap will cut trip to London by £1

London-RailOn Thursday rail passengers and motorists got some relief from expected extra costs when the chancellor cancelled a planned rise in fuel duty and limited average train fare rises to inflation.

This means people of Scotland using cross-border services will witness prices move up by 3.1% next month instead of the intended 4.1%.

George Osborne says in autumn budget `Britain's economy on the move again'

George-OsborneGeorge Osborne, Chancellor of the Exchequer, delivered his autumn mini-budget to MPs and unveiled official figures which revealed that the economy is growing twice as fast as forecasted just nine months ago.

He announced a package of modest tax cuts to boost small businesses and offered help to households by freezing petrol duty until 2015.

New law to cap 'overall' cost to customers for payday loan

George Osborne, the chancellor has announced the government will impose a cap on the fees payday lending companies can charge. Although the meaning of `fees' is not fully clear.

The chancellor swiftly gave out plans to impose a ceiling on the overall costs, which could limit the price of a loan to around 70 per cent over a full year.

About four million face higher energy bills as Minister attacks suppliers for acting greedy

About four million face higher energy bills as Minister attacks suppliers for acting greedyFor the prices they are charging from customers The Big Six suppliers have been heavily criticised in recent weeks.

It is believed that Centrica, npower, Scottish Power, SSE, E. ON and EDF - many of which of late have introduced above-inflation price rises - are exploiting vulnerable consumers and at the same time making huge profits.

MPs Weigh into Fight over Carbon Budgets

George-OsborneThe bubbling crusade over the carbon budgets of the UK has been weighed into by a panel of MPs. Warnings have been raised by the group that it is likely that the carbon lessening targets for 2022 or further is missed.

The reason behind the same has been suspected to be the poor government policy both on the environment and on energy.

Government Brazens Out Critics by Entertaining Applications Three Months Earlier

RBS-Lloyds-BankingCritics of the Help to Buy initiative of the government have recently been confronted by it. The government declared that applications would from this week be welcomed by it for the loan guarantees.

As per the findings, the scheme's second phase is formed by the loan guarantees.

The acceptance of the applications would happen three months prior to the planned time.

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