Money

Fighter plane crashes into building in Russian city near UkraineA Russian fighter plane has crashed into a residential building in the southern Russian city of Yeysk, near Ukraine.Footage on social media, which has been verified by BBC News, showed a large fireball erupting from what appeared to be a multi-storey building.Yeysk is located on the coast of the Sea of Azov, which separates southern Ukraine and southern Russia.Russian news agencies said the pilots had ejected and officials were trying to establish information about casualties on the ground.RIA news agency said...

Organised crime groups are taking millions of pounds of taxpayers’ money through unregulated supported accommodation for vulnerable people, police have revealed.Criminals have been cashing in on the recent boom in “exempt accommodation”, designed to support vulnerable people such as prison leavers, recovering addicts and those fleeing domestic violence. Providers can claim higher rates of housing benefit for these properties, but there are major concerns about the quality of support. Police say that criminal gangs are buying properties and setting them up as supported accommodation to receive the higher rates, but...

The archbishop of Canterbury has delivered a critique of tax cuts for the wealthy saying he is “deeply sceptical” of trickle-down economics and could see “no moral case” for a government setting budgets that disproportionately affect the poor.In an interview with the Guardian while on his tour of Australia, Justin Welby said that although he did not wish to be party political he could not see why the rich should be given more money, as they were more likely to simply save rather than spend the extra pounds.When asked if...