An extra £14bn is needed each year to help the UK meet its climate commitments, a new think tank report suggests.Green Alliance says the cash is needed for clean transport, nature restoration, and low-carbon buildings.Over the past three years, it says that £9bn has been spent on projects that actually increase CO2, like roads.It comes as large UK firms make a promise to "kick-start a new approach" and "put the environment first".The Green Alliance think tank insists though that the funding issue must be solved in the prime minister’s economic recovery speech expected on Tuesday.Its calculations are based on the government’s own assessment of major projects in the pipeline released on 16 June.The government said it is determined to meet carbon targets, bu
Front-line NHS staff should be given an extra £29-a-day reward for their service during the coronavirus pandemic, the Lib Dems have said.Health and care staff could receive a financial bonus like that given to military personnel on active duty, the party suggested.Acting leader Sir Ed Davey said Downing Street should consider creating a "front-line support package".The government has said it is working hard to support front-line staff.The daily financial boost that it suggests would be for the duration of the lockdown, the Lib Dems said, adding that all key workers should also receive a coronavirus service medal.Since 2010, members of the UK military have been entitled to a daily operational allowance of £29.02 when they are deployed on specific operation
UK broadband companies say they can cope with increased demand as many more people stay at home during the coronavirus crisis.Internet service providers (ISPs) say they have contingency plans in place and that the network can deal with extra daytime demand.Video calls and other work applications should have little impact.But some traffic-heavy services are seeing a surge in use around the world as people stay home."Nobody should expect broadband to crash or anything like that," said Mark Jackson, editor of ISP Review. "That's not how these things work."He added: "Some slowdown in speed during periods of truly heavy usage is possible. I'd expect this to be fairly limited, and that's true even in normal times."The impact would vary...
Sticking to a household budget is apparently difficult. As in, really difficult.While 74% of people say they have some sort of budget, 79% don't stick to it, according to new research from SlickDeals.net, a crowd-sourced shopping platform. The average weekly amount consumers spend — not counting bills such as mortgage or rent, utilities, etc. — is $ 340, or $ 143 more than the average $ 197 budgeted. That equals overspending by about $ 7,400 each year."The struggle with overspending exists regardless of how much people earn," said certified financial planner Josh Nelson, founder and CEO of Keystone Financial Services in Loveland, Colorado. "I've heard 'I don't know where all the money goes' from people who make a gazillion dollars and from poor college students and everyone in between."Geb
Travel firm Thomas Cook has been hit with a last-minute demand to find £200m in extra funding in order to secure its future.The troubled operator hoped to seal a rescue led by China's Fosun this week.But Thomas Cook's banks are insisting the cash-strapped travel firm must come up with the new contingency funds, in case it needs extra finance to draw on during the winter months.Without the rescue, the firm is likely to collapse.That would leave 150,000 British holidaymakers stranded, and require the Civil Aviation Authority to repatriate them at an estimated cost of £600m, an industry insider said.The firm employs 22,000 staff, 9,000 of those in the UK. It serves 19 million customers a year in 16 different countries.But Thomas Cook's financial difficulties