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UK’s poorest face $4.1b cost of living shock: IFS

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  Bloomberg Britain’s poorest households are facing a 3 billion pound ($4.1 billion) squeeze on living standards in April when their benefits will rise by half the expected rate of inflation, the Institute for Fiscal Studies said. To protect those on low incomes from the looming spike in energy in bills, the government should change this year’s benefit uprating to ...

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Italy readies small pandemic aid package without extra deficit

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  Bloomberg Italy’s government is working on a spending package that won’t require revising its budget to expand the deficit. The measures could be announced as early as next week and would bring targeted relief to sectors hit by the surge in Covid-19 infections, such as tourism, the people said, asking not to be named discussing confidential plans. The package ...

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Meta delays office return to March 28

  Bloomberg Facebook parent company Meta Platforms Inc has delayed plans to bring employees back to the office, and will require those who do come back to have a booster shot to protect against Covid-19. Employees are expected to return to the office on March 28, according to a company spokeswoman. Meta already announced last summer that it would require ...

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