UK Drivers to Get £700 Compensation for Car Finance Overcharges
Millions of UK drivers overcharged on car finance deals before 2021 will receive compensation averaging £700 each, with payouts expected to begin in 2026 following FCA rules.
Category : Business
Manston Airport Nears Reopening as Cargo Hub
Manston Airport in Kent, closed since 2014, is advancing plans to reopen as an air freight hub, with a public consultation launching this month on flight paths and operations.
Harborne Ends Reform-Tory Pact Push, Wants Crypto Rules
Christopher Harborne, Reform UK's £12m donor, says he's no longer interested in a pre-election pact with Conservatives while advocating for cryptocurrency regulation in Britain.
Indonesia Bans Social Media for Children Under 18
Indonesia has implemented a nationwide ban on social media access for children under 18, citing mental health risks and data privacy concerns. The policy aims to protect youth from online harms.
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McDonald's Original Mascot Speedee: Forgotten Icon
Before Ronald McDonald, the fast-food giant had Speedee, a burger-headed mascot from the 1950s. Discover the story of this forgotten character and its revival in a new collectors card game.
Judge to Decide $175 Billion Tariff Refund Process After Court Ruling
A US judge will meet with customs agency lawyers to establish a system for refunding up to $175 billion in illegal Trump tariffs to over 300,000 importers, following a Supreme Court decision that struck down the tariffs but left repayment details unresolv
Google Tool Lets Users Select Sky News as Preferred Source
Google has launched a new feature allowing users to select preferred news sources like Sky News, giving more control over search results amid AI-driven changes.
Water Companies Use Bailiffs 6,000+ Times Yearly for Debt
MPs reveal stark differences in water companies' use of bailiffs, with Southern Water leading at 15,707 enforcements in 2019. Data shows post-pandemic surge raises concerns over vulnerable customers.
iPhone 17e Deals: EE, Vodafone, iD Mobile Battle
Discover the best iPhone 17e deals in the UK as EE, Vodafone, and iD Mobile offer competitive prices, data plans, and trade-in discounts for Apple's new budget-friendly smartphone.
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Ben Affleck Sells AI Startup Interpositive to Netflix
Actor Ben Affleck has sold his AI post-production startup Interpositive to Netflix, marking a major move in Hollywood's adoption of artificial intelligence for filmmaking.
Axel Springer Buys Telegraph Media Group for £575m
German media giant Axel Springer has agreed to purchase Telegraph Media Group for £575 million, pending regulatory approval. The deal places The Telegraph alongside Bild, Die Welt, Politico, and Business Insider, ending years of uncertainty for the histor
Iran War Impact: UK Fuel and Food Prices to Rise
Experts warn the Iran conflict could trigger a new cost-of-living crisis in the UK, with household energy bills potentially rising by £160 annually and food inflation edging upward as supply chains face disruption.
AI Not Causing Job Losses Yet, But Hiring Slows for Young
New research from Anthropic reveals AI hasn't increased unemployment in exposed occupations, but entry-level hiring in white-collar roles shows early signs of decline, particularly affecting younger workers aged 22-25.
Hugh Osmond Group Buys Four Pubs for £11.5M New Brand Launch
London-listed Various Eateries, backed by Hugh Osmond, purchases four premium pubs from Grosvenor Pubs and Inns to launch the Linwood Collection brand.
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Strait of Hormuz Closure Sparks Global Economic Nightmare
The closure of the Strait of Hormuz has halted shipping, threatening global inflation, disrupting helium for MRI scanners, and risking oil field shutdowns in the Gulf region.
Airwallex Bets on London with Banking Licence Pursuit
Fintech giant Airwallex plans to invest $590 million in its UK operations over five years while pursuing a banking licence, with London serving as its European expansion hub.
Axel Springer to Buy Telegraph in £575m Deal
German media giant Axel Springer has agreed a £575m all-cash deal to acquire Telegraph Media Group, pending UK government approval. The acquisition ends years of uncertainty over the influential British newspaper publisher's ownership.
University Spinouts Boom Generates Billions in Investment
British universities are driving a commercial revolution as spinout companies secure over £3 billion in investment, creating thousands of jobs and transforming research into market-ready technologies.
PS6 Launch Still Aimed for Late 2027 Despite RAM Shortage
Insider claims Sony's PlayStation 6 remains on track for late 2027 release despite worldwide memory crisis, with manufacturing contracts already in place.
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Pilot Decisions in Mid-Air Crisis: Navigating War Zones
Captains of passenger planes bear ultimate responsibility during airspace disruptions, as seen in recent Middle East conflicts. Veteran pilots share insights on fuel management, diversion strategies, and teamwork under extreme pressure.
UK Employment Surges in February, Beating Forecasts
The UK labor market shows robust growth in February, with employment rising significantly above expectations, signaling economic resilience amid ongoing challenges.
London Business Rates Rise as Government Cuts £59m Funding
The City of London Corporation has approved a budget increasing business rates by 1p in the pound, council tax, and social rents as it faces a £59m government funding reduction and projected deficits reaching £62m.
Royal Mail Stamp Prices Rise as Service Standards Fall
Royal Mail announces stamp price increases to £1.80 for first-class and 91p for second-class, drawing criticism from Citizens Advice over declining delivery performance and regulatory fines.
BA Extends Middle East Rescue Flights to Heathrow Until March 12
British Airways confirms extension of daily rescue flights from Muscat, Oman to London Heathrow until at least March 12, while regular routes to Dubai, Abu Dhabi, Doha, and other Middle Eastern hubs remain suspended due to Iran-US conflict airspace closur
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New Banks Reward Customers with Cashback and High Interest
Challenger banks like Allica Bank are transforming UK banking by offering accounts that reward customers with cashback, competitive interest rates, and personalized support for businesses.
Iran War Energy Crisis Threatens UK Fish and Chip Shops
Britain's beloved fish and chip shops face existential threat as Iran conflict spikes energy and shipping costs, with industry leaders warning many could go under due to tight margins.
London Leads UK in Concert Tourism with 26% Attendance Rate
London emerges as the UK's top destination for live music tourism, with 26% of residents attending concerts. The trend of gig-tripping sees fans turning events into weekend getaways, boosting the visitor economy nationwide.
Royal Mail Stamp Prices Rise in April Amid Delivery Issues
Royal Mail is increasing stamp prices from April 7, with first-class stamps rising to £1.80 and second-class to 91p, despite ongoing criticism over missed delivery targets and service performance.
BP CEO Meg O'Neill's £11.7m Pay Doubles Predecessor's Salary
Meg O'Neill, BP's incoming CEO, will earn at least £11.7m this year, more than double her predecessor's pay, as she joins from Woodside Energy to lead the 117-year-old oil firm.
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Britney Spears Arrested for DUI, Instagram Account Deactivated
Britney Spears was arrested for suspected DUI after erratic driving in California, with her Instagram account deactivated as she faces court proceedings and ongoing investigation.
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