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Sunday, June 30, 2024

Major UK high street banks say payment issues fixed

Several people have told the BBC they are still facing issues, with some saying they have little cash left.

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Affordable home families hit by 450% gas price rise

About 1,000 residents in Edinburgh see a huge jump in their heating bills.

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Saturday, June 29, 2024

The big problem facing whoever wins the election

The BBC's economics editor speaks to Swindon residents as part of the Your Voice, Your Vote project.

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Friday, June 28, 2024

Incomes have risen 'at a crawl' says think tank

Typical household incomes went up by just £140 a year on average in the last 14 years, according to the Resolution Foundation.

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Debt relief orders can write off up to £50,000

The maximum amount that can be written off by a debt relief order has gone up from £30,000 to £50,000.

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K-pop agents charged with insider trading over BTS

The employees are accused of selling shares before BTS members announced they were taking a break.

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Thursday, June 27, 2024

Fujitsu engineer told to tone down evidence

Gareth Jenkins told the public inquiry he was asked to make his witness statement less emotive.

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Korean web comic giant set for $2.7bn market debut

Webtoon Entertainment says it has 170m monthly active users in over 150 countries around the world.

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India reviews iPhone factory for 'not hiring married women'

The firm has come under the scanner for allegedly not employing married women at its factory in Tamil Nadu state.

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Wednesday, June 26, 2024

Disruption as airline pilots begin industrial action

An indefinite work-to-rule is under way by Aer Lingus pilots with an eight-hour strike on Saturday.

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HSBC joins UK banks in cutting mortgage rates

Some lenders are trimming rates after the Bank of England hinted about a drop in borrowing costs.

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Tuesday, June 25, 2024

Bankruptcy trustee plans to shut down Alex Jones' Infowars

The conspiracy theorist used his website to peddle false claims about the Sandy Hook shooting.

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The screen tech that can do almost anything

New technology promises TV and phone screens that use much less electricity than current models.

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Monday, June 24, 2024

China and EU to hold talks on electric car tariffs

The EU and China still disagree about the import taxes, but have agreed to discuss them further.

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British Gas sorry for pursuing man over wrong £2,500 bill

The firm told a man it was sending his details to a debt collector over an incorrect £2,500 bill.

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Parties ignoring 'painful' tax and spending choices, says think tank

The economic research group as the main parties have “ducked” addressing public finance challenges.

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Sunday, June 23, 2024

Post Office system not a scandal, insists ex-union boss

George Thomson tells an inquiry that Horizon is "robust", provoking anger from sub-postmasters.

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Tata Steel workers call first strike in 40 years

It is the first time in 40 years that UK steel workers have taken strike action.

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British Gas sorry for pursuing man over wrong £2,500 bill

The firm told a man it was sending his details to a debt collector over an incorrect £2,500 bill.

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Octopus to repay £3bn to taxpayers for Bulb rescue

The government will recover almost all the cost of temporarily nationalising Bulb in 2021.

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Saturday, June 22, 2024

Upset PLT customers banned over too many returns

Many have hit out at the brand online, suggesting they would return fewer items if sizing was consistent.

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Government borrowing in May is highest since Covid

Borrowing reaches £15bn, less than forecast but lays bare challenges facing the next government.

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Friday, June 21, 2024

Bank opens door for August interest rate cut

The Bank of England keeps borrowing costs unchanged, but hints it could cut rates later in the summer.

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Row over first-time buyer help as parties trade blows

Labour and the Tories accuse each other of failing to match promises on housing, a key election issue.

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Thursday, June 20, 2024

China car firms seek 25% tax on EU - state media

The measure would target large-engined petrol vehicles imported from the European Union.

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Post Office accidentally leaks sub-postmaster data

Former sub-postmasters react angrily as the company launches an urgent investigation into breach.

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Labour would need an effective opposition, says Hunt

The chancellor is the latest senior Tory to acknowledge his party could be on course for defeat.

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Wednesday, June 19, 2024

TikTok faces fresh US pressure over child privacy

The allegation from US regulators adds to the growing pressure faced by the social media firm.

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Post Office sabotaged Horizon probe, says investigator

Independent investigator says Post Office tried to obstruct probe into IT flaws.

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Could brain-like computers be a 'competition killer'?

Computers built like brains could be much more energy efficient than current designs.

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Tuesday, June 18, 2024

Faisal Islam: Voters are being taken for fools on the economy

Do promises to leave various tax rates alone have any credibility, asks the BBC's economics editor.

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London becomes Europe's largest stock market again

A French election is driving down the value of French listed companies, analysts say

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Software giant Adobe accused of 'trapping customers'

Regulators allege Adobe failed to properly disclose subscription terms and made it too onerous to cancel.

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Monday, June 17, 2024

Barclays suspends festival funding after protests

There had been protests over the bank's links to Download, Latitude and the Isle of Wight festivals.

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Boeing plane investigated after 'Dutch roll'

Air regulators are investigating new issues with Boeing planes.

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Sunday, June 16, 2024

Tesco says shoppers are buying more as confidence returns

The UK's largest retailer reports higher sales, but controversy persists over its boss's pay package.

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The battle for Gen Z social shoppers

If TikTok is banned in the US, where might its social shoppers go?

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Friday, June 14, 2024

Wizz Air ranked worst airline for delays for third year

The low-cost carrier says it has made "significant improvements" but admits there is "work to be done".

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US Fed pencils in one interest rate cut this year

America's central bank scaled back forecasts for cuts in 2024 despite annual inflation easing.

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Thursday, June 13, 2024

UK economy fails to grow during wet April

The main political parties disagree about what the data suggests about longer-term economic health.

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Wizz Air ranked worst airline for delays again

The low-cost carrier says it has made "significant improvements" but admits there is "work to be done".

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EU threatens China EVs with tariffs of up to 38%

The decision comes as an investigation continues into what the EU calls China’s "unfair subsidisation".

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Wednesday, June 12, 2024

Tesla pay fight tests power of Elon Musk's mystique

Elon Musk wants the biggest pay package in history, but will investors back the $50bn deal?

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Tuesday, June 11, 2024

What is National Insurance and how much do I pay?

Two National Insurance cuts came info effect in 2024, but many people are still paying more in tax.

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BMW China parts probe expanded by US Senate panel

The Senate Finance Committee wants answers from BMW over its use of banned Chinese components by 21 June.

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Labour drops plan to reintroduce pension saving cap

The decision to not bring back the lifetime allowance comes after lobbying from senior NHS doctors.

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Monday, June 10, 2024

Tories promise £730m to end 'sick note culture'

The Conservatives say they will fund counselling services for an extra 500,000 people to help them into work.

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Warning as carry-on rules revised at 6 airports

All of the airports which are affected have upgraded to new high-tech CT scanners.

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Sunday, June 9, 2024

How 'Swiftonomics' is impacting the music industry

The Eras tour, which has arrived in Edinburgh, is reckoned to be pushing her wealth well north of $1bn.

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What big business wants for South Africa’s future

With a unity government in the offing, the economy is a crucial subject for negotiations.

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Tories pledge to 'back drivers' with new law

The plans would include "unilaterally reversing" the expansion of the Ulez clean air scheme in London.

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US jobs surge casts doubt over interest rate cuts

US employers added 272,000 jobs in May which was far higher than economists expected.

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Saturday, June 8, 2024

Body Shop sets deadline to save UK stores and jobs

Bidders have until next week to make an offer and save the remaining 1,500 UK jobs at the retailer.

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Friday, June 7, 2024

Rents rise at 6.6% a year but pace is slowing

The rate of increase is the slowest for 30 months, but competition among potential tenants is still fierce.

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Thursday, June 6, 2024

How Japan's biggest brewer aims to attract sober Gen Z

Atsushi Katsuki tells the BBC the firm sees the sober generation as both a risk and an opportunity.

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Ex-Post Office chair was told of IT risks in 2011

Alice Perkins was told Horizon was 'a real risk' by auditors as the Post Office continued to prosecute sub-postmasters.

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

Wednesday, June 5, 2024

India stocks see biggest fall for over four years

Indian stocks fall as it looks less likely that Prime Minister Narendra Modi's party will be able to form a majority government.

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British bank accused of helping to fund terrorists

Standard Chartered carried out billions of dollars of transactions for terrorist funders, US court papers claim.

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Tuesday, June 4, 2024

Toyota raided as safety testing scandal grows

Toyota has apologised for providing incorrect or manipulated data for safety certification tests.

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GameStop shares jump after investor claims stake

Shares in the video game retailer surge after an account tied to "Roaring Kitty" claimed a large stake.

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Monday, June 3, 2024

Evan Davis: Successful entrepreneurs don’t worry about being different

Evan Davis on common features shared by business leaders with a flourishing enterprise to their names.

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Half a million left without Child Benefit payment

HMRC says it is sorry and is working urgently to resolve the technical issue.

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

Santander staff and '30 million' customers hacked

Their data is being sold online by the same gang who this week claimed to have hacked Ticketmaster.

from BBC News https://ift.tt/UxZVPC2

Sunday, June 2, 2024

UK house prices in surprise rise in May

Nationwide building society says prices rose by 0.4% despite buyers facing "affordability pressures".

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Why France's start-up champion has struggled abroad

Its appointment booking software is everywhere in France, but Doctolib has struggled to make a dent elsewhere.

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GB energy firm would secure future jobs, says Labour

The party has been accused of putting jobs at risk by vowing not to issue any new oil and gas licences if it wins power.

from BBC News https://ift.tt/5In4uhV

Saturday, June 1, 2024

Sunak and Starmer present competing visions for jobs and growth

Keir Starmer says wealth creation is Labour's main goal and Rishi Sunak pledges to give 30 towns across the UK £20m each.

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Nationwide-Virgin merger faces competition probe

The regulator will examine the tie-up which is the biggest banking deal since the financial crisis.

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N Korea hackers stole $1.3bn of crypto this year - report

Some incidents may be linked to North Korean IT workers infiltrating tech firms, according to research firm Chainalysis. from BBC News htt...