Rates low for too long, says ex-Bank of England boss

Lord Mervyn King says inflation has now been tamed and interest rates are "in the right ballpark".

from BBC News https://ift.tt/Qi9ZsSV

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Treasury reconsidering Labour plan for non-dom tax status

The change follows concerns over how much money will be raised, should wealthy foreigners leave the UK.

from BBC News https://ift.tt/abt8xF9

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Microsoft re-launches ‘privacy nightmare’ AI screenshot tool

It says it has listened to concerns about the tool, which continuously screenshots online activity.

from BBC News https://ift.tt/AQObPLH

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Daily Telegraph tipped to go to US bidder at auction

British-born Dovid Efune who owns the New York Sun is considered by several parties as the frontrunner.

from BBC News https://ift.tt/7DjxKSr

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When to recline and how to share armrests: Rules for avoiding a mid-flight row

Experts share their top tips for staying out of our fellow travellers' bad books.

from BBC News https://ift.tt/O9L6tE4

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Firm says £1bn plant will transform UK recycling

The former paper mill will be one of the UK's largest cardboard and tissue production facilities.

from BBC News https://ift.tt/wrS1VzC

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Dame Judi Dench and John Cena to voice Meta AI chatbot

The firm also unveiled the first working prototype of Meta's augmented-reality glasses, called Orion.

from BBC News https://ift.tt/QKS3mtA

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Banks must refund fraud up to £85,000 in five days

Victims tricked into sending money to scammers must be refunded within five days under new rules.

from BBC News https://ift.tt/BQfFbAH

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IMF approves $7bn loan to cash-strapped Pakistan

Pakistan has taken more than 20 loans from the IMF since 1958 and is currently its fifth-largest debtor.

from BBC News https://ift.tt/mlenM5L

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Companies raided over tax relief fraud allegations

Officers from HM Revenue and Customs execute warrants at a number of companies as part of an investigation.

from BBC News https://ift.tt/Wk1vMAF

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US accuses Visa of debit card monopoly

The Department of Justice said Visa's actions had slowed competition and raised prices across the economy.

from BBC News https://ift.tt/0ndAio4

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Huel hit with third ad ban in two months

The meal supplement company made misleading claims comparing its product to vegetables.

from BBC News https://ift.tt/vXTQY1f

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CrowdStrike: Company to face questions over global IT outage

Cancer delays, holidays ruined, businesses out of pocket - the CrowdStrike outage examined.

from BBC News https://ift.tt/eRLqXfF

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'No money and no answers' two years after collapse of funeral firm

Margaret and David Fee paid thousands for funeral plans, then discovered the company they used had collapsed.

from BBC News https://ift.tt/rJhV7Oq

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Peter Jay: The extraordinary life of 'the cleverest young man in England'

Economist and broadcaster who controversially became the UK ambassador to Washington and launched TV-am.

from BBC News https://ift.tt/cwNIBhg

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Woolworths and Coles sued over fake discount claims

The cost of living crisis has put the grocery chains under increasing scrutiny in the past year.

from BBC News https://ift.tt/UwWJ7md

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Government borrowing in August highest since Covid

Higher spending on public services and benefits led to a rise in government borrowing, figures show.

from BBC News https://ift.tt/ROndpUX

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Peter Jay: the rise and fall of 'the cleverest young man in England'

Economist and broadcaster who controversially became the UK ambassador to Washington and launched TV-am.

from BBC News https://ift.tt/cwNIBhg

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Bates hits out at slow Post Office scandal payments

The campaigner says it is time for a commitment for certain claims to be paid out over the next six months.

from BBC News https://ift.tt/j6tR3gy

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Nike boss steps down as company veteran returns

The company looks to shake things up as demand for its trainers falters in international markets.

from BBC News https://ift.tt/bEpzvAT

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Interest rates held at 5% but 'on the path down'

Economists are betting on rates being held in September with a cut to come in November instead.

from BBC News https://ift.tt/OyPldkf

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Microsoft chooses infamous nuclear site for AI power

The 1979 accident at Three Mile Island had cast a shadow on nuclear power in the US for decades.

from BBC News https://ift.tt/8egAFUt

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US sues ship firms for $100m over Baltimore bridge crash

The Justice Department said repair costs should be carried by the companies responsible, not US citizens.

from BBC News https://ift.tt/z1KmVBw

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Train drivers accept pay deal to end strike action

Aslef said 96.6% of its members who voted backed the deal, marking the end of long-running strikes.

from BBC News https://ift.tt/LxCn1G9

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Marlboro owner sells UK inhaler firm over backlash

Philip Morris International bought Vectura Group just three years ago in a deal worth more than £1bn.

from BBC News https://ift.tt/jNVv4p3

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Guardian in talks to sell world's oldest Sunday paper

The Guardian owner is in exclusive talks to sell the Observer newspaper to Tortoise Media.

from BBC News https://ift.tt/6BaV1HE

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Titanic yard boss: 'Strong case' for a single owner

The firm has been heavily loss making since it was bought out of administration five years ago.

from BBC News https://ift.tt/zAesbCt

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Rupert Murdoch's 'Succession' court battle begins

The court battle will determine the future of the billionaire's media empire.

from BBC News https://ift.tt/8jIb9Bp

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'I'm trapped in a joint mortgage with my abuser'

An abuse survivor describes her ordeal as a charity calls for action to tackle financial abuse.

from BBC News https://ift.tt/bWL1OrA

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'Our winter fuel payment goes into the holiday kitty'

Some pensioners say they don't need the extra cash of up to £300 - and want better means testing.

from BBC News https://ift.tt/4BTAvXu

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New beanless 'coffee' emerges but does it taste any good?

Start-ups launch drinks that look and taste like coffee but they say are better for the environment.

from BBC News https://ift.tt/iuD7MhG

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Titanic shipyard may run out of cash within weeks

Trade unions are calling for help to save hundreds of jobs at the historic shipbuilder Harland and & Wolff.

from BBC News https://ift.tt/nfhqmyP

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Boiler maker Worcester Bosch considering job cuts

The company blames a drop in sales, the cost of living and a move towards electrification.

from BBC News https://ift.tt/TiZotvC

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'I'm trapped in a joint mortgage with my abuser'

An abuse survivor describes her ordeal as a charity calls for action to tackle financial abuse.

from BBC News https://ift.tt/9BXA5fn

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Scotland's only oil refinery confirmed to close next year

Petroineos said the closure of Grangemouth was due to it being unable to compete with more modern foreign sites.

from BBC News https://ift.tt/cJAUQa9

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Data centres as vital as NHS and power grid, government says

Critical national infrastructure status means they will get extra government support during emergencies.

from BBC News https://ift.tt/Vuvfnm0

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Adnams chairman stands down for health reasons

Jonathon Adnams, who was due to leave next year, says he is proud of the company's achievements.

from BBC News https://ift.tt/KRwXMI8

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Apple told to pay Ireland €13bn in tax by EU

The European Court of Justice upheld a 2016 decision that said Apple received unlawful aid from Ireland.

from BBC News https://ift.tt/pqwHUom

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EU court rules Google must pay €2.4bn fine

Google loses its appeal against the fine, handed down for its shopping comparison service.

from BBC News https://ift.tt/KmpMjWi

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GB News owner buys Spectator magazine for £100m

The right-leaning political magazine has been sold to the the hedge fund tycoon Sir Paul Marshall.

from BBC News https://ift.tt/SPsbqJi

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Apple banks on AI to boost sales of new iPhone 16

The firm says its new handset has been built for artificial intelligence as it looks to regain its edge.

from BBC News https://ift.tt/lGZFcs1

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How do the Post Office compensation schemes work?

More than 4,000 people caught up in the Horizon scandal are trying to obtain remuneration for their suffering.

from BBC News https://ift.tt/o9qm4bD

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Google's lucrative ad tech business goes on trial

Regulators have successfully argued Google is too powerful in search - now they are coming for its ad tech.

from BBC News https://ift.tt/mEBIF1i

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Asos shoppers hit out at new £3.95 returns charge

The company said it was introduced a charge for customers with a "frequently high return rate".

from BBC News https://ift.tt/5GhFPfV

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Corruption review finds 'red flags' in more than 130 Covid contracts

An anti-corruption charity finds significant concerns in £15.3bn worth of contracts awarded during the pandemic.

from BBC News https://ift.tt/N0FmZSx

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First-class stamp price to rise to £1.65

The company says the price rise is needed as it faces "very real and urgent" financial challenges.

from BBC News https://ift.tt/6UDA0ft

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'Without emergency government fund, I wouldn't be here'

The BBC hears from those who have used the Household Support Fund, which has been extended until April 2025.

from BBC News https://ift.tt/DhHPZSs

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Selena Gomez joins billionaire celebrity rich list

The celebrity joins the billionaire ranks thanks to her Rare Beauty make-up business.

from BBC News https://ift.tt/YQJL54o

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PM defends 'tough decision' over winter fuel cut

The PM says the only way to deliver change is to do "difficult things now", in his first major No 10 interview.

from BBC News https://ift.tt/8tWnzRO

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Crash dummies and robot arms: How airline seats are tested

Building hi-tech airline seats has become a huge business in Northern Ireland.

from BBC News https://ift.tt/bPIsNTt

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Crash dummies and robot arms: How airline seats are tested

Building hi-tech airline seats has become a huge business in Northern Ireland.

from BBC News https://ift.tt/bPIsNTt

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Body Shop's remaining stores rescued from administration

The deal for the cosmetics firm appears to secure the immediate future for remaining staff.

from BBC News https://ift.tt/kizWESK

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Telegram CEO Durov says his arrest 'misguided'

Pavel Durov has hit back at French authorities following his arrest in Paris last week.

from BBC News https://ift.tt/uy3LPAF

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John Lewis brings back 'never knowingly undersold'

The U-turn comes as the High Street retailer tries to revive its fortunes and win back customers.

from BBC News https://ift.tt/7BmQr8N

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US plans to block Nippon Steel takeover of US Steel - US media

The controversial move comes during a heated election year in the US.

from BBC News https://ift.tt/WQhc8Me

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Alert over potentially deadly counterfeit vodka

The Food Standards Agency warns counterfeit bottles have been found to contain a dangerous substance.

from BBC News https://ift.tt/GPHBenC

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Young workers drive South Africa's video games industry

South Africa has a small but thriving video games industry, helped by plenty of young workers.

from BBC News https://ift.tt/EXxCVPM

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Nine offshore wind farm projects awarded in UK auction

The green energy deals follow last year's auction when no companies bid to build offshore wind farms.

from BBC News https://ift.tt/SUwHiuP

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Will Labour’s plan make train tickets cheaper?

What impact will Labour's pledge to nationalise the railways have?

from BBC News https://ift.tt/Kk6uABM

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Has ticket row taken the shine off Oasis reunion?

The Gallagher brothers received backlash after ticket prices shot up as fans waited in an online queue.

from BBC News https://ift.tt/a1chYyw

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Support fund extended after winter fuel payment cut

The government makes £421m available as it continues the Household Support Fund to March next year.

from BBC News https://ift.tt/GZTy91E

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UK and EU airports are sticking with 100ml liquid rule - but why?

Air travellers who hoped the era of "tiny toiletries" was nearly over are facing fresh disappointment.

from BBC News https://ift.tt/AWd91ME

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Off-road sites could be used for Dover port queues

A Home Office minister says sites off the main road network could be a “contingency measure”.

from BBC News https://ift.tt/ov8hfRS

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Will things get worse like Keir Starmer says?

The prime minister says the Autumn Budget will be "painful", so what might be in store?

from BBC News https://ift.tt/oYqJIPB

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Support fund extended after winter fuel payment cut

The government makes £421m available as it continues the Household Support Fund to March next year.

from BBC News https://ift.tt/2zrn7U0

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Oasis ticket sales defended after fans' fury

Fans complained they felt ripped off and frustrated after facing long online queues and surge pricing.

from BBC News https://ift.tt/DTih8Rg

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Who gets 15 hours of free childcare and how do I apply?

Parents in England can now access 15 hours of free weekly childcare for children from nine months.

from BBC News https://ift.tt/DG6nwPU

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Musk's X banned in Brazil after disinformation row

The social media giant says it refused to comply with a judge's order to appoint a legal representative.

from BBC News https://ift.tt/PFDNBS1

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Workers' rights to four-day week could be strengthened

Employees could get greater powers to work their contracted hours over fewer days.

from BBC News https://ift.tt/yqXJ0IR

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