Covid means UK ‘sleep-walking into a debt crisis’

Those from a black and minority ethnic background were more likely to be affected, with 37% taking an income hit. People aged between 25 and 34 were the most likely, by far, to have had a change in employment as a result of the pandemic, the FCA said.

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Firms warn time is running out to save UK economy

The energy price cap, which limits how much suppliers can raise the cost of household bills, went up to an unprecedented £1,971 in April for the typical household. This was a rise of about £700, and the cap is expected to rise by a further £800 a year in October.

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Heathrow Airport announces more flight cancellations

British Airlines said "a handful" of their flights are affected, Virgin Atlantic said one of their Heathrow to New York return services has been cut in each direction, with Air France, KLM, American Airlines, Delta Airlines, Lufthansa, Aer Lingus, Brussels Airlines...

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