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The development of Open Banking – the use of technology to provide customers with more control over their accounts and financial services – is one of 17 CMA-imposed changes that will make banks work harder for their customers.
By freezing fuel duty for the seventh year running, the UK government will help save the average driver in Wales up to £10 every time they fill up their car. The National Living Wage is increasing from £7.20 to £7.50.
First, the public finances should be returned to balance as early as possible in the next Parliament, and, in the interim, cyclically-adjusted borrowing should be below 2% by the end of this Parliament.
Last week at the Foreign Affairs Council (Defence), the Defence Secretary called on European partners to do more and increase their defence spending to the NATO 2% commitment, meaning they are better positioned to tackle the new and emerging threats to European security.
Mr Speaker, there is understandable public concern that the pitch is tilted in favour of large multinational groups which are able to use cross-border structures to manage their tax liabilities.
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