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  • Today's business and finance round up 27th May 2022

Today's business and finance round up 27th May 2022

£15bn energy support package revealed

27th May 2022

Bite-sized business news from the UK and beyond

Good morning Just months after bringing BBC3 back to the screens after six years off the air, the BBC announced that CBBC and BBC4 will be taken off TV screens and moved to online platforms. It’s part of a huge shake up that will see the corporation become a ‘digital first media organisation’. Other changes include merging the BBC News and BBC World News channels and cutting 1,000 jobs.

Today's stories

  • Rishi dishes - Chancellor unveils £15bn energy support package

  • Not so fast - Government eyes BT’s biggest shareholder

ECONOMYChancellor unveils £15bn energy support package

  • 8m of the poorest households will receive an additional £650 one-off payment.

  • 8m pensioners who get winter fuel payment to also get a £300 payment.

  • £150 extra payment for people on disability benefits.

  • Extra £500m for household support fund delivered by local councils, increasing it to a total £1.5bn.

Other stories to keep you in the loop

TELECOMSGovernment eyes BT’s biggest shareholder

Stat of the day

According to new research Brits are set to spend almost £1,500 each attending weddings this year

Interesting links from around the web

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