Chancellor Jeremy Hunt will set out the government's tax and spending plans in the spring Budget.
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Thursday, February 29, 2024
Wednesday, February 28, 2024
Catalonia's farmers demand more help over drought
As Spain continues to be blighted by a lack of rain, farmers want more government assistance.
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Disney plans $8.5bn merger for ailing India unit
It is combining forces with Reliance Industries, owned by Mukesh Ambani - Asia's richest man.
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What is Bitcoin? Key cryptocurrency terms and what they mean
As Bitcoin's price makes headlines once more, here's a look at some key crypto terms and their meanings.
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Thames Water told to find extra cash itself
It follows reports the firm has lobbied the regulator to allow it to raise bills by 40% and face lower fines.
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Tuesday, February 27, 2024
PlayStation to axe 900 jobs and close London studio
The layoffs are the latest to hit the tech sector, which has seen big cutbacks worldwide since 2023.
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More music leaving TikTok over Universal Music row
At first artists signed to the label were removed, but now writers are being taken off the platform.
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Marks & Spencer raises pay in battle for supermarket staff
About 40,000 M&S staff will see their wages increase by more than 10% from April.
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Ministers consider new vaping tax at Budget next week
Ministers fear that the relatively cheap cost of vaping makes it more accessible for young people.
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Monday, February 26, 2024
US challenges Kroger Albertsons deal warning of higher prices
The Federal Trade Commission says combining Kroger and Albertsons would be bad for American shoppers.
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Boeing review finds 'disconnect' on safety
A report ordered by the government finds "gaps in Boeing's safety journey".
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Post Office victims' compensation payouts to be sped up
Legislation aimed at clearing wrongly convicted sub-postmasters is also expected to be brought forward.
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Lord Jacob Rothschild: Financier dies aged 87
In a statement on Monday, his family called Lord Rothschild "a towering presence in many peoples' lives".
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Sunday, February 25, 2024
Why some cyber-attacks hit harder than others
The British Library has been hobbled for months by a cyber-attack and experts warn of similar damage ahead.
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Red Sea attacks delaying goods and pushing up costs, firms say
Houthi attacks are increasing costs and causing delays, the British Chambers of Commerce says.
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Post Office hires ex-police to check its investigators in Horizon scandal
The Post Office says the team will look into allegations that have emerged during a public inquiry.
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The staff shortage in India's special effects industry
With international studios sending more work to India, the industry is struggling to train enough staff.
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Friday, February 23, 2024
Budget 2024: When it is and what will it mean for my money?
Chancellor Jeremy Hunt will set out the government's tax and spending plans in the spring Budget.
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Ex-Post Office boss Paula Vennells stripped of CBE
The former chief executive has forfeited the honour following the Horizon IT scandal.
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Serco ordered to stop scanning leisure staff faces
The data watchdog orders Serco Leisure to stop using facial recognition technology on its employees.
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Husband 'made millions' by eavesdropping on BP wife
The spouse of a BP deal manager allegedly picked up details of a takeover while they both worked from home.
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Thursday, February 22, 2024
Reddit moves forward with share listing plan
The filing offers a glimpse of the company's efforts to turn online popularity into profit.
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HSBC, NatWest and Virgin Money changing interest rates
HSBC, NatWest and Virgin Money are all increasing mortgage rates continuing a frantic start to the year.
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Post Office victims set to be cleared under new law
Legislation to exonerate wrongly convicted sub-postmasters is expected to come into effect in July.
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Vauxhall to build electric vans at Luton plant from 2025
The plans are expected to secure the long-term future of the factory and 1,500 jobs.
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Wednesday, February 21, 2024
Don't dry your iPhone in a bag of rice, says Apple
The popular remedy risks "small particles" entering the phone and causing damage, new advice says.
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BT Tower: 'Iconic' landmark to be turned into a hotel after £275m sale
The well-known tower, which once dominated London's skyline, has been sold for £275m.
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Henry Staunton: Ex-Post Office chair escalates compensation row
Henry Staunton has released a note of a call with a senior official, amid a row over Horizon payouts.
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Tuesday, February 20, 2024
UK recession may already be over, says Bank of England boss
Bank of England governor Andrew Bailey tells MPs the UK's economic downturn is "very small".
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Tesco introduces Clubcard unit pricing after criticism
Consumer group Which? had said Tesco could be breaking the law over how it displayed Clubcard prices.
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Drone rules may change to allow medical deliveries
The UK's aviation regulator is proposing to allow drones to be flown out of sight of their pilot.
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Monday, February 19, 2024
Ex-Post Office chair asked to face MPs over victims' compensation claims
MPs want to question Henry Staunton on allegations he was told by an official to "stall" compensation.
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Crew abandon British-registered cargo ship off Yemen after Houthi attack
The missile strike claimed by the Houthis on the British-registered vessel is one of the most damaging yet.
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Stats watchdog criticises Treasury tax cut claims
Two Treasury ministers, Laura Trott and Bim Afolami, have been criticised over recent claims on tax cuts.
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New controls on holiday lets to be introduced
From the summer, planning permission may be needed to turn homes into new short-term lets.
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Sunday, February 18, 2024
Lunar New Year: China tourism spending tops pre-Covid levels
The figures mark some rare good news for the world's second-largest economy.
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Post Office not asked to stall payouts, says government
Claims by the ex-Post Office chairman that he was asked to delay compensation to help the government are denied.
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Donald Trump launches own-brand shoes after $355m fraud fine
The ex-president promoted gold-coloured shoes priced at $399 at a sneaker convention in Philadelphia.
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Friday, February 16, 2024
Tata Steel workers to vote on strikes amid job peril
Unions say they are "prepared to fight" in response to job losses at Tata Steel sites.
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Household energy bills predicted to fall by nearly £300 a year
Cornwall Insight forecasts a 15% drop, taking the typical annual bill to £1,635 - the lowest in two years.
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NatWest unveils highest yearly profit for 26 years
Paul Thwaite is the bank's new boss replacing Alison Rose who resigned after a row over Nigel Farage's account.
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Thursday, February 15, 2024
Xbox, Nintendo or PlayStation: does it still matter?
Why the war between the big games console makers may be coming to an end.
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Facebook £3bn legal action given go-ahead in London
A mass legal action alleges Facebook abused its dominance to monetise 45 million UK users' personal data.
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Jeremy Hunt considers reducing spending to fund tax cuts
Jeremy Hunt is looking at cutting billions in public spending to fund tax cuts in his Spring Budget.
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British Gas sees profits increase 10-fold
The company managed to recover losses of £500m it made during the height of the energy crisis.
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Wednesday, February 14, 2024
Train strikes: All you need to know about action in February and March
More than 300 London Overground workers will go on strike from midnight on Monday 19 February.
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Pressure on renters persists into new year
Tenants paid 6.2% more in rent in January than they did a year earlier, official figures show.
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Google joins mission to map methane from space
The tech giant is deploying AI to help identify large sources of methane leaks in satellite data.
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Quest 3 better than Apple Vision Pro, says Zuckerberg
The Meta boss says his firm's headset is 'the best product, period' after trying Apple's rival.
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Tuesday, February 13, 2024
Tetley monitoring its tea supplies on daily basis
The UK's second biggest tea brand says it expects to be able to continue to meet normal demand.
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Yodel saved from collapse by fast-growing rival
Yodel has been saved from falling into administration in a last-minute rescue deal by a consortium.
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The Body Shop: Its rise and fall
As the UK business is expected to go into administration, we look at what went wrong.
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Monday, February 12, 2024
Wylfa: UK government in talks to buy nuclear site - report
The UK government says Wylfa is one of many "potential sites" that could host nuclear projects.
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Northern Ireland companies report surge in confidence
Manufacturing, services and retail reported an increase in business activity in January.
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Sunday, February 11, 2024
Uber makes changes to Super Bowl ad after backlash
The firm has edited its advert that was criticised for making light of food allergies.
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Ex-minister: I wish I asked more questions about Post Office
Labour's Pat McFadden admits MPs' concerns about the Horizon scandal were raised when he was a minister.
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The Body Shop set to appoint administrators in UK
The retailer is expected to undergo a major restructure, leading to shop closures and job losses.
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Fujitsu bosses paid £26m during Horizon contract
Accounts show former execs made millions while sub-postmasters were chased for thousands.
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Friday, February 9, 2024
Barclays to end direct financing of new oil and gas fields
The banking giant has been coming under mounting pressure to curb its support for fossil fuels.
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Ring video doorbell customers angry at 43% price hike
Users have taken to message boards to complain about the increase, which they say is unjustified.
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Nationwide's Dominic West advert reported by Santander to watchdog
Santander is understood to have made the complaint, which argues the ad discredits other banks.
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Thursday, February 8, 2024
Violence against Co-op shop workers rises sharply
Shoplifting by organised crime groups shifted up a gear in 2023, the supermarket says.
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Landlords in mortgage arrears doubles in a year
More people with buy-to-let loans have fallen behind on payments as interest rates have risen.
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Yodel 'exploring options' amid speculation over future
Reports suggest the courier firm, which employs about 10,000 people, could fall into administration.
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Wednesday, February 7, 2024
Source oil and gas locally, urges Equinor energy boss
Countries should be prioritising energy security and sourcing locally, says the head of Norway's Equinor.
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Labour ditches £28bn green investment pledge
A U-turn on the policy is set to be announced on Thursday, following confusion over the party's position.
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House price rises highest for a year in January, Halifax says
The UK's biggest mortgage lender says prices are still rising as mortgage rates continue to ease.
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Pret A Manger is converting last few all-veggie outlets
The sandwich chain said all its shops offered an extensive range of vegetarian options.
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Tuesday, February 6, 2024
Boeing safety checks to use 'more boots on ground'
The head of the US aviation regulator told US lawmakers they were stepping up safety checks.
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WeWork's ousted boss plots buyback of bankrupt firm
Lawyers for Adam Neumann claim the leaders of his former company are stonewalling his approaches.
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Facebook and Instagram to label all fake AI images
The tech will detect images - but not video or audio - made by other companies' AI generators.
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NatWest public share sale could happen in June
The company leading the government's sell-off of the bank says a retail share offer could happen in months.
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Monday, February 5, 2024
Does Germany’s economy need more than a cup of coffee?
Germany's growth is being held back by the twin shocks of expensive energy and higher interest rates.
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Cost-of-living payments: What are they, who gets them and are they fair?
Millions of low-income households will receive a final cost-of-living payment soon.
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CBI settles legal action brought by sacked boss Tony Danker
The business group agrees a settlement with Tony Danker after he was dismissed following complaints.
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Sunday, February 4, 2024
China can now monitor government-funded projects 24/7
The rules, which took effect this month, come as officials move to support the crisis-hit property industry.
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Should more British homes be built using straw?
Cheap, highly insulating and sustainable, straw has a lot of potential for the building industry.
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Does Germany’s economy need more than a cup of coffee?
Germany's growth is being held back by the twin shocks of expensive energy and higher interest rates.
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Facebook at 20: Four ways the app changed the world
How the world's most popular social network has altered society, business and politics
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Friday, February 2, 2024
Our Range Rovers are not UK's most-stolen car, says Jaguar Land Rover
The boss of Jaguar Land Rover hits out at what he says is inaccurate reporting about the Range Rover.
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Bereaved partners face deadline for claiming financial support for children
Thousands of cohabiting parents whose partners have died have days left to apply for bereavement support.
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Post Office victims had lives 'utterly destroyed'
Lawyers representing sub-postmasters say their physical and mental health was damaged by the Horizon IT scandal.
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Big US jobs rise in January surprises again
Employers added 353,000 jobs, while the unemployment rate held steady at 3.7%, the Labor Department said.
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Thursday, February 1, 2024
Deutsche Bank to cut 3,500 jobs over next two years
The banking giant is to cut 4% of its global workforce, becoming the latest lender to shed staff.
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Bank of England split over interest rate decision
Rates are held at 5.25% but some Bank members voted to raise them while one backed a cut.
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Labour is the party of business, says Keir Starmer
The Labour leader and shadow chancellor Rachel Reeves are meeting business leaders at an event in London.
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