Image copyright Jack Taylor This year’s Budget is to be earlier than usual to avoid clashing with the final stage of Brexit negotiations in November. The date of the Budget, 29 October, also fits in with ministers’ availability and official data releases, a Treasury spokesman said. The Budget will also be a week after a …
Image copyright Newscast Barclays has apologised for giving wrong information to tens of thousands of customers who started compensation claims over payment protection insurance (PPI). The bank has admitted telling them they did not hold PPI policies when in fact they did. Barclays said a “very small percentage of customers” who contacted it via claims …
Image copyright Getty Images A Swedish internet company broke gender discrimination rules by using a popular meme in an advertisement, the country’s advertising regulator has ruled. Bahnhof posted a version of the “distracted boyfriend” meme on Facebook, to advertise job vacancies. The image, which shows a man looking at a woman in a red dress …
Image copyright Getty Images Mobile operators could soon be forced to reduce monthly bills for customers who have finished paying for their handset. The telecoms regulator Ofcom says around 1.5 million consumers continue to be charged the same monthly fee, even though they should only be paying for the actual calls. It said the practice …
Image copyright Getty Images Image caption Dieter Zetsche has run Daimler since 2006 Daimler, the German car maker that owns Mercedes-Benz, will be run by a non-German for the first time next year. Dieter Zetsche, 65, will be replaced by Ola Kaellenius, a 49-year-old Swede, as chief executive in a succession plan announced on Wednesday. …
Image copyright AFP President Trump, in an address at the UN general assembly, asked all nations to isolate Iran. The US has recently reinstated tough economic sanctions which, said the president, will remain in place as long as Iranian aggression continues. Sanctions were imposed after the US pulled out of the six-country nuclear deal earlier …
Image copyright PrettyLittleThing Image caption Model Ashley Graham recently unveiled a collection with PrettyLittleThing Online fashion retailer Boohoo has reported strong half-year profits and rapid growth at its fast fashion brands PrettyLittleThing and NastyGal. Boohoo Group revenue jumped 50% to £395.3m and pre-tax profits rose 22% to £24.7m in the six months to 31 August, …
Image copyright PA Bad road conditions and extreme weather in the UK have led to a drop in profits at the AA. The motorists’ organisation saw its pre-tax profit decline 65% to £28m for the first six months of 2018. AA boss Simon Breakwell said the severe winter caused a “pothole epidemic”, which contributed to …
Image copyright Getty Images Beijing-based international hotpot chain Haidilao saw its shares climb as much as 10% in early trade, as it made its debut in Hong Kong. The firm’s retail shares were oversubscribed by more than five times, highlighting the intense interest from investors. The restaurant is famous for offering free manicures and snacks …
At a new Harry Potter-inspired cocktail bar in London, groups of friends are wrapped in cloaks, waving wands and sipping potions out of smouldering cauldrons. It’s one of the many immersive food and drink experiences that have appeared in the last few years. Are they what the industry needs to get young people out and …