Business

Treasury hints Labour will spend billions on infrastructure

Billions of pounds of government borrowing could be spent on new infrastructure projects because of new self-imposed Treasury rules. The “guardrails” will allow the government to borrow for investment “more efficiently going forward”, the Treasury Chief Secretary Darren Jones said. The admission is the clearest sign yet ahead of the Budget that the government is […]

Business

Fraudsters steal £3m a day as cases rise

Fraud cases have risen by 16% with con artists stealing more than £3m a day, according to figures from the banking industry. Criminals have particularly targeted victims by tricking them out of their one-time passcodes, trade body UK Finance said. Despite the increase in reported cases, total losses have fallen slightly – totalling £572m in […]