Sainsbury's to spark supermarket petrol price war by cutting unleaded by 4p and diesel by 3p from todayOther retailers will follow suit as many struggle to afford to run a carIt comes after months of rises with 5p alone added in the past monthChancellor being urged to scrap 3p-a-litre fuel duty rise in upcoming budget By Martin Robinson PUBLISHED: 16:04 GMT, 12 March 2013 | UPDATED: 03:42 GMT, 13 March 2013 Sainsbury's may have sparked a supermarket petrol price war today by dropping its fuel prices likely forcing other retailers likely to follow suit. From today, the cost of petrol at its 279 forecourts across the UK will dip by 4p a litre, with diesel being reduced by 3p a litre. Sainsbury's head of fuel Richard Crampton said: 'We know that fuel is a big part of many customers' weekly budget so we're keen to do anything we can to help.' Price battle: Sainsbury's has cut the cost of fuel from today, with other retailers likely to follow suit The move is likely to spark a similar response from its rivals as latest petrol price figures show the cost of filling up is continuing to put the squeeze on motorists, going up by another 5p a litre in February alone
Record-breaking 30million Britons now in work: Cheer for Cameron as number hits highest level for more than 40 YEARSUnemployment falls to 7.7% in 10th consecutive quarterly declineRise in private sector jobs makes up for continuing cuts in public sectorMcDonald's announces it will hire 2,500 more UK staff in 2013 But Lloyds TSB reveals plans to cut 940 jobs as airline Flybe follows suit By Becky Barrow PUBLISHED: 10:17 GMT, 23 January 2013 | UPDATED: 02:00 GMT, 24 January 2013 The number of people in work is at a record high of almost 30million. Figures from the Office for National Statistics showed the total workforce across public and private sectors last year was 29.7million, the largest number since records began in 1971
Benefits rising twice as fast as salaries: Payments to unemployed jump by 20% in five yearsJobseeker's Allowance up 20 per cent from 59.15 a week in 2007/08 to 71In the same five-year period wages only rose by 12 per cent Iana Duncan Smith said the system is not fair on workers By Gerri Peev PUBLISHED: 00:01 GMT, 2 January 2013 | UPDATED: 09:49 GMT, 2 January 2013 Welfare handouts to those languishing on the dole have risen almost twice as fast as average wages over the past five years.
David Cameron unveils his secret poll weapon… the welfare wedge | UPDATED: 01:51 GMT, 9 December 2012 Conservative Ministers have been moved on to a campaign footing by David Cameron. The day after the Autumn Statement, he summoned them to party headquarters for a conversation away from prying Liberal Democrat ears.
Triple-dip alert: Recession fears as figures show industrial output has fallen to lowest level in 20 years Further fall in North Sea production which has dropped by almost 50 per cent in the past three years Cameron declares Britain must be more like Germany and develop a modern workforceFears a cold winter could spell further economic gloom | UPDATED: 13:27 GMT, 8 December 2012 In a blow for Chancellor George Osborne financial markets have predicted Britain is heading for a triple dip recession Britain is on the brink of a triple-dip recession, experts warn as latest figures reveal industrial output has now fallen to its lowest level in 20 years. In a week when chancellor George Osborne put yet another squeeze on the hard working middle-classes, figures for October revealed manufacturing production dropped by 1.3 per cent – more than two per cent down on this time last year. Markets had been optimistic that October would have seen a rise in industrial production but figures from the office for national statistics revealed it had fallen by 0.8 per cent
Osborne's big squeeze: 400,000 more workers to be snared in 40 per cent tax trapA record 4.5million could be paying the higher tax rate by the end of this Parliament Chancellor George Osborne announced that the point at which workers start paying higher-rate tax was to increase by one per cent a year. | UPDATED: 23:40 GMT, 5 December 2012 A record 4.5million workers could be paying higher-rate tax by the end of this Parliament. The number in the 40 per cent band is expected to rise from 3.8million today by another 400,000 over the next three years, the Treasury said yesterday
Banks' overdraft rates hit record level of nearly 20% crippling thousands of customers Average overdraft rate nearly 40 times higher than base rate at 0.5%Banks stinging mortgage customers with average standard rate of 4.32% | UPDATED: 10:35 GMT, 30 November 2012 Banks are being crippled by the highest ever bank overdraft rates. The Bank of England revealed yesterday that the average overdraft rate has reached a record of 19.65 per cent, which is nearly 40 times higher than the base rate, currently at an historic low of 0.5 per cent