Helen Nugent

Earnings cap, spending, car hire and broadband

In a move that is guaranteed to stir up opinion, Jeremy Corbyn said this morning that he would like to see a cap on the amount that people earn.

Speaking on BBC Radio 4‘s Today programme, the Labour leader said he thought introducing the limit would be ‘the fairer thing to do’. He added that he was ‘not wedded to a figure’.

Corbyn went on to say that Britain’s disparate levels of income were worsening, saying this cannot go on ‘if we want to live in a more egalitarian society…I would like there to be some kind of high earnings cap, quite honestly’.

Spending The Guardian reports that UK retail sales continued to rise at the end of 2016 thanks to the December demand for Christmas presents and food. While the British Retail Consortium signalled that there are future challenges related to rising costs and political uncertainty, it confirmed that the economy ended 2016 on a firm footing. Sales rose 1 per cent in December from the year earlier, on a like-for-like basis. Car hire

Thousands of British tourists could end up paying a lot more for their holiday hire car than they bargained for thanks to hidden extra charges they only discover once they reach the car hire desk to pick up their holiday wheels.

New rules by the Competition and Markets Authority regarding the display of pricing information to customers on car hire comparison and broker websites came into force last week. Car hire broker Zest Car Rental is of the opinion that some websites still aren’t showing the ‘transparent drive-away price’ they should be.

In other holiday news, new research from Sainsbury’s Travel Insurance & Travel Money has found that nearly 34 million people in Britain are planning overseas holiday escapes during 2017. The figures are almost identical to last year, revealing a resilience in the overseas holiday market despite a significant fall in the value of sterling against the US dollar, euro and other popular currencies over the past year which increases the cost of holiday spending money for British tourists.

Three in four adults are planning a holiday in the UK in 2017 – the same figure as last year.

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