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HSBC profits jump as banking giant set for major shakeup HSBC has seen its quarterly profits jump by 10% as the UK-based banking giant embarks on one of the biggest shakeups in its 159-year history. The firm said its pre-tax profits rose to $8.5bn (£6.6bn) in the three months to the end of September, beating … Read more
Aramco awards gas programme engineering contract | MEED Wood Group has been selected to provide engineering and project management consultancy services for up to one million man hours for Aramco gas increment projects Subscribe to read the full article Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on … Read more
State pension warning: Millions of Brits could be missing out on an extra £221 a week State pensioners in the UK are being urged to check if they’re eligible for an extra £221 a week through Carer’s Credit. This vital support aims to protect the state pension entitlements of unpaid carers who provide between 20 … Read more
As homeownership plummets, young Canadians are moving in with family: poll – National | Globalnews.ca Descrease article font size Increase article font size Young Canadians are holding fast to the dream of buying a home, even as overall rates of ownership are falling sharply, according to a new poll released by Scotiabank Tuesday. The polling … Read more
McDonald’s boss apologises for E. coli outbreak as sales slide Getty Images The boss of McDonald’s has apologised to customers hit by an E. coli outbreak in the US linked to the chain’s Quarter Pounders, a new setback for the chain which has been struggling with flagging sales. “We are sorry for what our customers … Read more
Decarbonising steel is hard to resist | MEED The global steel industry accounts for roughly 7% of annual greenhouse gas emissions Subscribe to read the full article Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive Exclusive announcements … Read more
Jeremy Corbyn blasts Labour for scrapping £2 bus cap: ‘Why are they discouraging public transport?’ Jeremy Corbyn has slammed Labour for scrapping the £2 bus fare cap, a measure brought in by the previous Conservative government to help with the cost of living. The cap is being raised to £3 – a rise of 50 … Read more
Budget 2024: Teashop ‘forced to close’ by VAT rules BBC Steve Corrick says he has to close his Somerset teashop to avoid falling into a “tax trap” A man who owns a small teashop has urged the Chancellor to change the rules on VAT in her Budget. Steve Corrick said the current tax rules have … Read more
Frontrunner emerges for Dubai Trade Centre road project | MEED The contract scope involves the construction of five bridges spanning a total of 5 kilometres and converting the existing roundabout into an intersection Subscribe to read the full article Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on … Read more
British Gas writing to millions of pensioners about how they could get an extra £3,900 after Winter Fuel Payment cuts Following cuts to Winter Fuel Payments, pensioners are urged to see if they can claim an extra £2,000 towards energy bills, as well as a yearly £3,900 boost. British Gas is writing to approximately two … Read more