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Donald Trump hints at extension to China trade talks
via theguardian.comPresident said potential delay was justified as deal ‘must be the biggest in history’President Donald Trump has conceded that he will delay planned increases in import duties on $200bn (£155bn) of Chinese goods if there is progress in trade talks in Washington next week.Appearing to soften his demand for talks to conclude before 1 March, Trump said there could be a 30- or 60-day extension, should negotiators get closer to a deal. He said a delay was justified, based on the scop -
British Gas smart meter 'mandatory' roll out move would make major change to every UK home
via express.co.ukChris O'Shea has urged ministers to make smart meters mandatory in homes. -
Drivers urged to ditch Asda petrol for Tesco fill-up this week
via express.co.ukDrivers are being urged to ditch Asda and switch to Tesco for their fill-up this week -
Traffic warden's 10-minute parking rule which could get you out of £160 fine
via express.co.ukCouncils have been accused of treating drivers as a cash cow through punishing parking penalty notices, which are typically around £50 but can be as much as £160 in London. -
Warning to drivers filling up at Asda, Tesco, Morrisons and Sainsbury’s in May
via express.co.ukDrivers filling up on petrol or diesel at Asda, Tesco, Morrisons or Sainsbury's have been warned. -
Santander texts customers £200 loss as Martin Lewis says ‘move your money’
via express.co.ukSantander has told customers they will lose £200 and Money Saving Expert Martin Lewis has told people "move your money". -
Martin Lewis says everyone born in these years can get £6,100 handout
via express.co.ukMartin Lewis is urging people to claim as much as £6,100 back if they are born in eligible years - but time is running out. -
Santander slammed as 'sickening' ordeal leaves teenage account holder stranded
via express.co.ukThe young person's mum said it was "sickening" that her daughter was left in a strange city with no access to her cash. -
British Gas and E.On bosses call for 'progressive social tariff' on energy bills
via express.co.ukThe bosses of British Gas owner Centrica and E.On have called for a so-called social tariff, which would see the industry and the Government subsidise reducing bills for low-income households. -
Pensioners with side-hustles warned they could be landed with huge unexpected tax bill
via express.co.ukHMRC urges elderly people to declare any extra incomes to avoid falling foul of a crackdown on undeclared earnings -
Chinese network behind one of world’s ‘largest online scams’
via theguardian.comExclusive: Vast web of fake shops touting designer brands took money and personal details from 800,000 people in Europe and US, data suggestsMore than 800,000 people in Europe and the US appear to have been duped into sharing card details and other sensitive personal data with a vast network of fake online designer shops apparently operated from China.An international investigation by the Guardian, Die Zeit and Le Monde gives a rare inside look at the mechanics of what the UK’s Chartered T -
E-gates ‘back online’ after chaos at Heathrow and other UK airports
via theguardian.comTravellers at Edinburgh and Manchester among those who faced delays; Home Office and Heathrow announce system back online for WednesdayPassengers experienced delays at a number of UK airports on Tuesday due to a nationwide technical outage affecting UK Border Force e-gates.Heathrow, Gatwick, Stansted, Edinburgh, Birmingham, Manchester and Bristol airports all confirmed problems with passengers being processed through the border on Tuesday evening. Continue reading... -
BP right to hold steady on climate targets despite below forecast profits | Nils Pratley
via theguardian.comAlthough chief executive Murray Auchincloss has left himself room to pump more oil and gas, renewables should start generating greater returnsThe market’s guessing game at BP is waiting for Murray Auchincloss, the chief executive who has been in post permanently only since January, to blink. That is to say, waiting for him tone down climate targets and decide to pump more oil and gas than currently planned.Tuesday was not the day. BP’s first-quarter numbers were slightly weaker than -
Labour must not cave in to pressure over zero-hours contracts | Letters
via theguardian.comReaders respond to the party’s watered-down plan to appease businessesIt is disheartening to read that not only is Labour planning to further dilute its employee rights package but that it is doing so to appease businesses (Labour’s ‘new deal for workers’ will not fully ban zero-hours contracts, 1 May). Your article appeared online on May Day. You don’t have to wrap yourself in the red flag and sing The Internationale to recognise that having a motivated, educa -
Everton shareholders demand end to ‘farce’ of 777 takeover
via theguardian.comMiami-based company accused of fraud amounting to £279m‘We demand a decision now,’ Premier League is toldEverton shareholders have urged the club’s owner, Farhad Moshiri, and the Premier League to end the “farce” of a proposed takeover by 777 Partners after the troubled company was accused of fraud worth hundreds of millions of dollars.The investment company 777, co-founded by Josh Wander and Steven Pasko, agreed a deal to buy Moshiri’s 94.1% stake in Ev -
P&O Ferries boss asked if he is ‘modern-day pirate’ for paying staff £4.87 an hour
via theguardian.comPeter Hebblethwaite appears in front of MPs two years after saying lowest-paid agency worker would earn £5.15 an hourThe boss of P&O Ferries has been asked if he is “a pirate” who appears to be “robbing staff blind” – as he confirmed to MPs that the group’s seafarers had been receiving pay rates even lower than he had previously told parliament.Peter Hebblethwaite previously appeared in front of a joint transport and business committee in March 2022 -
LockBit ransomware group’s leader unmasked and hit with sanctions; UK house prices inch higher– business live
via theguardian.comLeader of major cybercrime group has been unmasked and sanctioned by the UK, US and Australia, authorities say‘They’re everywhere’: Labour’s wooing of City goes into overdriveThe small increase in UK house prices in April has left them broadly flat since the turn of the year, says Peter Arnold, EY UK chief economist:The stabilisation in market conditions reflects the large fall in mortgage rates since last summer, with transactions and prices appearing to have passed thei -
Jack Dorsey quits Bluesky board and urges users to stay on Elon Musk’s X
via theguardian.comTwitter co-founder’s decision to leave rival social network he helped start was apparently unexpectedThe Twitter co-founder Jack Dorsey has left the board of Bluesky, the decentralised social network he helped start, and encouraged users to remain on his first site, now owned by Elon Musk and called X.Dorsey confirmed he had cut ties with Bluesky on Sunday, telling a user on X that he was no longer on the social network’s board. The announcement was apparently unexpected, since Blues -
Disney to ‘focus on quality’ as it plans to cut output – including Marvel movies
via theguardian.comCEO Bob Iger says company will scale back releases in superhero franchise as it seeks to take on Netflix in streaming marketDisney plans to release fewer movies and “focus more on quality” in its key franchises, following of a string of high-profile flops at the box office.The Hollywood giant is cutting back on productions from the Marvel Cinematic Universe, which ramped up releases in recent years as Disney embarked upon an expensive bid to take on Netflix. Continue reading... -
Worried carmakers call for urgent UK help to reignite waning interest in electric vehicles
via theguardian.comSector wants tax cuts, better buying incentives and more electric charging points as sales in EVs stallCar manufacturers have called for urgent action to reignite the switch to electric vehicles, after sales figures showed slowing demand among ordinary motorists for battery-powered cars.While overall UK registrations grew by 1% in April year-on-year to 134,000, the increase was caused by fleet sales, with private buyer sales down by almost 18% on last year. Continue reading... -
JD Sports enters the Middle East as part of global expansion drive
via express.co.ukHigh street sportswear and trainers giant JD Sports has opened its first store in the Middle East, with plans to open around 50 in the region by 2028. -
Public-private sector pay differential shows levelling off - new data
via express.co.ukThe Central Statistics Office has published new data on the public-private sector pay differential. -
‘Labour will surpass your expectations’: the leftwing thinktank boss standing on Starmer’s agenda
via theguardian.comMiatta Fahnbulleh is running for parliament – and, as a black female economist, hopes to broaden parliament’s outlook on ‘the rules of the game’Miatta Fahnbulleh has been talking about economic transformation for as long as she can remember. After she and her family fled civil war in Liberia as a child, the main topics of conversation around the breakfast table in London were politics and economics.“When other people were talking about EastEnders, we were on about c -
British EV tech start-up wins £800million to develop self-driving AI cars
via express.co.ukStartup Wayve will receive the $1.05bn investment from Japan's SoftBank as well as Nvidia and Microsoft. -
‘Big four’ accountancy firms PwC and EY fined over LC&F audit failures
via theguardian.comFirms fined millions after London Capital & Finance’s 2019 crash wiped out customers’ savings“Big four” accountancy firms PricewaterhouseCoopers and EY have been fined a combined £9.3m for a series of failures in auditing the accounts of London Capital & Finance, the collapsed mini-bond firm that wiped out the investments of thousands of savers.It concludes a near four-year investigation by the Financial Reporting Council (FRC) into how auditors breached the -
MAPPED: The 14,000 UK houses that sold for over £1,000,000 in last 12 months
via express.co.ukThere were over 14,000 houses sold for over £1 million across England and Wales between the start of April 2023 and the end of March 2024. -
BP profits plunge 71.4% as weaker oil and gas prices and US outage hit energy giant
via express.co.ukBP is sticking with plans to hand over nearly $3billion to shareholders in dividends and share buybacks despite its first quarter net profits crashing. -
Barclays slashes mortgage rates on fixed deals ahead of Bank of England decision
via express.co.ukThe move will bring a number of Barclays' mortgage deals below five percent. -
‘I wanted to look and feel expensive’: four couples on why they took on wedding debt
via theguardian.comMore than half of couples take on debt to finance their weddings. We asked some how they feel about itCale Weissman, 35, and his partner didn’t have an exact budget for their 2018 wedding, but they knew they couldn’t afford to spend more than $10,000 (£8,000).“We thought in terms of, what do we want from the experience, and what are the ways we can make it feasible without putting us in dire financial straits,” he says. Continue reading... -
WASPI payout demands surge as ex-Celeb Big Brother star calls for DWP meeting
via express.co.ukMPs are to hold a debate on the question of WASPI compensation later this month.
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