Business

Energy prices forecast to rise again in January Domestic energy prices are expected to edge up again in the New Year, according to consultancy Cornwall Insight. A household using a typical amount of gas and electricity will pay £1,736 a year from January, according to the forecaster, which is widely regarded for its accurate predictions. … Read more

Reeves vows to rip up City red tape as Chancellor sets sights on ‘unlocking’ £80bn from pension megafunds Chancellor Rachel Reeves has vowed to rip up City red tape and “unlock” £80billion from new pension megafunds in a fresh push for economic growth. Reeves, who delivered her first Mansion House speech last night, claimed altering … Read more

‘Not a penny more!’: Unearthed clip exposes Starmer’s broken council tax promise as bills set to go up £110 Sir Keir Starmer has given the green light for local authorities to raise council tax bills by 5 per cent next year, adding £110 onto the average family’s bill. The hike has been ridiculed as ‘another … Read more

German manufacturers warn of the sector’s ‘formidable crash’ Beckhoff Automation German business owner Hans Beckhoff says the country’s manufacturers are struggling In the 44 years since Beckhoff Automation opened for business, owner Hans Beckhoff says he hasn’t seen an economic crisis like this one. “You can usually expect a crisis about once every five to … Read more

Mortgage disaster as Barclays and NatWest scrap sub-4% mortgage rates Barclays and NatWest have become the latest major high street lenders to increase their fixed mortgage rates, with changes taking effect yesterday. The move pushes interest rates above four per cent, marking a significant shift in the mortgage market. These adjustments follow a wave of … Read more

Canada Post, union gear up for renewed bargaining with special mediator – National | Globalnews.ca Canada Post and the union representing striking postal workers will head back to the bargaining table on Monday, this time with a special mediator appointed by the federal government. Members of the Canadian Union of Postal Workers (CUPW) took to … Read more

Electric vehicle targets ‘will not be weakened’ despite pressure Rules on the percentage of electric vehicles (EVs) car firms must sell will not be weakened, the transport secretary has said, despite growing pressure from the industry. The mandate will become tougher next year ahead of a complete ban on new diesel and petrol cars in … Read more

One of Britain’s oldest tea companies on brink of administration as customers switch to coffee One of the UK’s oldest tea brands, Typhoo, is at risk of going into administration after filing a notice to appoint administrators due to its growing debt, which has reached £73million. Founded in 1903 by Birmingham grocer John Sumner, the … Read more

Class-action settlement over WestJet baggage fees now open for claims | Globalnews.ca By Staff The Canadian Press Posted November 17, 2024 10:31 am 1 min read Descrease article font size Increase article font size Some travellers who checked baggage on certain WestJet flights between 2014 and 2019 may now claim their share of a class-action … Read more