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Showing posts from April, 2023

Capita: Watchdog warns pension funds over data after hack

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The Pensions Regulator has told hundreds of funds to check details of customers after a data leak.

UK chip giant Arm files for blockbuster US share listing

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In a blow to the London stock market, the firm said in March that it would not list shares in the UK.

The Israeli plan to fit a fusion reactor into a container

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Israel's NT-Tao wants to build a compact fusion reactor and has won investment from Honda.

Where property prices are set by what local people earn

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A housing project in south London is selling flats with prices set according to local income levels.

Adidas sued by investors over Kanye West deal

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Shareholders claim the sportswear giant knew about the rapper's behaviour before it cut ties in 2022.

First Republic makes last ditch bid to find rescue deal

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Regulators are racing to find a buyer for First Republic after the recent collapse of two US banks.

Rail strikes cynically targeting Eurovision, transport minister says

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Transport Secretary Mark Harper says a "fair and reasonable pay offer" has been made to rail workers.

How taking it slow could help protect our money

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A culture of instant buying, paying, and delivery brings convenience but could expose our finances to harm.

Oil company ExxonMobil reports record profits of $11.4bn

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The energy giant says the profits came despite paying about $200m (£160m) in windfall taxes in Europe.

Katy Perry v Katie Perry: Singer loses trademark battle

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The US singer was sued by an Australian fashion designer over her use of the name on tour clothing.

UK games sector wanted Microsoft deal, says Ian Livingstone

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Ian Livingstone says he hopes a settlement can be reached for Microsoft's takeover of Activision.

Rents hit fresh high as lack of homes available continues

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Despite some signs of more properties coming on to the market, asking rents are still rising, Rightmove says.

HMV's flagship Oxford Street store to reopen

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The music retailer is to move back into 363 Oxford Street after a "dramatic" return to profit.

Sri Lanka crisis: Central bank lays out extent of economic problems

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The central bank's annual report highlighted the "unprecedented" increases in food and fuel prices.

Is the UK a bad place for tech firms?

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Microsoft's president said a UK watchdog's move to block its Activision deal was "bad for Britain."

US economic growth slows as firms cut investment

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The economy grew 1.1% on an annual basis in the first three months of the year.

Facebook owner Meta’s profits exceed expectations

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It said AI was "driving good results" across its business - which has slashed jobs worldwide.

Train drivers to strike again on FA Cup final day

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Union Aslef announces three fresh strike days after bosses rejected a 4% pay offer from train firms.

Gambling white paper: Government to unveil shake-up of laws

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Culture secretary Lucy Frazer will lay out new restrictions from the government on gambling.

China police question staff at US consultancy giant Bain

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It comes as relations between Washington and Beijing have deteriorated in recent months.

Amazon customers caught up in scarf scam

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Consumer group Which? says "dodgy" sellers are sending random customers scarves in a "brushing" scam.

Microsoft's Activision takeover blocked in UK

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The Competition and Markets Authority says the deal would offer less choice for gamers.

Bank of England: 'Accept' you are poorer remark sparks backlash

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Unions and small businesses react with outrage to comments that people need to accept they are poorer.

Pret A Manger hikes price of its subscription service to £30

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The sandwich and coffee chain says the new deal will entitle customers to 10% off everything in store.

Who wins and who loses from new Australia trade deal?

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Small firms are weighing up the benefits of the UK's new trade deal with Australia.

Amazon UK could be forced to recognise first union

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A majority of staff at its Coventry warehouse have signed up to a union, the GMB says.

New rules ban subscription traps and fake reviews

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The government's Digital Markets Bill aims to help consumers and increase competition.

KitKat maker Nestle hikes prices but sales still sweet

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Nestle says it has raised the prices by nearly 10% over the past year due to "significant" cost inflation.

CBI apology is too little too late, says Baroness Morrissey

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Diversity champion Baroness Morrissey believes the lobby giant is finished following rape allegations.

Ocado warehouse closure puts 2,300 jobs at risk

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Its Hatfield fulfilment centre will stop trading as the online grocer relies on more efficient sites.

March borrowing surges on energy bill support

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The government borrowed £21.5bn last month, the second-highest March figure since records began in 1993.

Netflix to invest $2.5bn in new South Korea films and TV shows

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The firm's co-CEO said the money will be spent on making TV shows and movies in the Asian country.

First Republic Bank: More than $100bn of withdrawals this year

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The US-based bank said its deposits fell by over 40% amid fears of a crisis in the financial sector.

Millions start to get latest cost-of-living payment

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Payments have now started of £301 to each of eight million people on low incomes and receiving benefits.

Disney cuts more jobs as restructuring continues

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The firm announces another round of layoffs as part of the plan to reduce its workforce by about 7,000.

Italian chain Prezzo to close 46 restaurants

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The move, which puts 810 jobs at risk, comes after the chain was hit by soaring costs.

Millions of families miss out on cheap broadband

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Ofcom is concerned that people are not getting the broadband social tariffs they are entitled to.

Bed Bath & Beyond files for bankruptcy in the US

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The embattled retail giant is seeking buyers for its assets, and will close all its stores by 30 June.

NBCUniversal boss Jeff Shell out after 'inappropriate relationship'

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Jeff Shell has left the US media giant over an "inappropriate relationship" he had with a colleague.

The wedding tech now at the heart of couples' nuptials

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A growing number of brides and grooms are embracing technology for their big day.

Maleficent: Dragon catches fire during Disneyland show in LA

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Maleficent the fire-breathing dragon dramatically went up in flames during Saturday's live show.

The tech entrepreneur betting he can get younger

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Millions of dollars are being poured into research to find ways of making lives longer and healthier.

CBI rape allegations 'shocking' says Labour shadow minister

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The lobbying group needs 'root and branch' reform, says Labour's Jonathan Ashworth.

Has TransPennine Express improved its train service?

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After a period of disruption, we examine how the company is performing ahead of a decision on its future.

Royal Mail pay offer accepted by Communication Workers Union

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The CWU will recommend its members accept a deal to end the long-running dispute, Royal Mail's owner says.

TransPennine Express worst for train cancellations

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The troubled rail operator cancelled around one in six of its trains last month, the regulator says.

Facebook still being used to arrange fake reviews - Which?

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The consumer group found more than a dozen groups trading reviews for free products or payments.

Rainfall washes out retail sales in March

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Department stores and clothing shops blame wet weather for a sharp fall in demand.

Shanghai Auto Show: Mini responds to Chinese ice cream racism uproar

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It comes after a video appeared to show staff giving ice cream to foreigners and refusing local visitors.

Lachlan Murdoch drops lawsuit against news site Crikey

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Crikey linked the Murdoch family name to the US Capitol attack in an opinion piece last year.