Financial news

• Events arm of Economist group to stop signing tobacco sponsorship deals

  27-09-2024 19:42 via theguardian.com
  
  Exclusive: Move signals change of policy that was causing health groups to withdraw from conferences and disquiet within media brand‘Crisis issue’: the unease at Economist over parent group’s tobacco linksThe division of the Economist’s parent group that has come under fire over its commercial ties with the world’s three biggest tobacco companies is to stop doing any “new work” with tobacco companies.The decision follows a Guardian investigation which re
  
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• Promise of ‘glass skin’ drives surge in sales of K-beauty products in UK

  27-09-2024 19:41 via theguardian.com
  
  South Korean skincare brands expected to follow country’s music, film and TV exports in becoming blockbustersWe’ve had South Korean pop, film, fashion and food, and now the latest trend is K-beauty, with sales of Korean skincare brands taking off in the UK as consumers are seduced by products that promise to conjure a radiant complexion.Britons are cutting back in other areas, but they are still chasing what the beauty industry describes as the “glass skin” look, with ret
  
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• Titanic shipbuilder Harland & Wolff collapses into administration

  27-09-2024 19:10 via theguardian.com
  
  Belfast-based company appoints administrators though shipyard subsidiaries still tradingHarland & Wolff, the Belfast-based shipbuilder that produced the Titanic, has collapsed into administration.The company has appointed administrators from Teneo to oversee the process after failing to find new funding to stay afloat. So far only the parent company, Harland & Wolff Group Holdings plc, is in administration, and its shipyard subsidiaries are continuing to trade. Continue reading...
  
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• Former ‘rudest restaurant in London’ fined after mice found in kitchen

  27-09-2024 18:30 via theguardian.com
  
  Chinatown’s renowned Wong Kei prosecuted for food hygiene offences and fined more than £40,000A restaurant in London’s Chinatown once called the capital’s rudest has been fined more than £40,000 after mice and cockroaches were found in its kitchen.Wong Kei, which has traded on Wardour Street for decades and was “once famous for its impersonal level of service”, as the online guide to Chinatown puts it, was prosecuted for food hygiene offences and after i
  
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• Former IPL chair claims Hundred franchise sale is ‘big fat Ponzi scheme’

  27-09-2024 18:19 via theguardian.com
  
  Lalit Modi: Hundred is ‘struggling non-starter league’Modi says 49% stakes at £150m each ‘not realistic’The Hundred has been described as “a big fat Ponzi scheme” by a former chairman of the Indian Premier League as he doubled down on criticisms of the competition’s revenue projections after leaking key sections of the confidential document drafted by the England and Wales Cricket Board to pitch the tournament to foreign investors.In a series of po
  
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• Arguments in favour of keeping a pint-sized beer | Letters

  27-09-2024 18:09
  Readers respond to suggestions for changing the measures of beer offered in pubsInstead of replacing the pub pint measure it might be better to offer more choice to customers (The power of the pint: is it time to retire one of the world’s biggest beer measures?, 24 April). Pubs and bars could offer customers four measures as choices. A one‑third pint referred to as a small; a half‑pint referred to as a half; a two-thirds-ish pint referred to as a large; and a traditio
  
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• Price hikes, terrible adverts, customer crackdowns: how the joy in streaming TV died

  27-09-2024 17:39
  
  Disney+ is the latest platform to stop people sharing their password for free. It’s yet another step in an industry meltdown that puts pressure on customers – and leads to genuinely bad televisionRemember when streaming used to be exciting? Remember when, after years of trawling around HMV, spending £20 on DVDs of single seasons of television, Netflix arrived and presented you with what felt like every episode of every amazing television show ever made, for six quid a month? It
  
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• Labour’s policy on non-doms mostly copied from Conservatives, say Whitehall sources

  27-09-2024 16:29 via theguardian.com
  
  Exclusive: Rachel Reeves said to have dismissed concerns about policy, even though some claim it contains ‘basic errors’What is non-domicile status and who qualifies for it?Labour’s flagship “non-dom” policy was largely copied and pasted from the Conservatives even though it contains “basic errors” and risks damaging the UK’s financial sector, Whitehall sources have told the Guardian.They claimed that the chancellor, Rachel Reeves, dismissed concer
  
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• Companies building AI-powered tech are using your posts. Here’s how to opt out

  27-09-2024 15:55
  
  Even if you haven’t knowingly opted in, companies are still scraping your personal information to train their systemsWelcome to Opt Out, a semi-regular column in which we help you navigate your online privacy and show you how to say no to surveillance. If you’d like to skip to a section about a particular site or social network, click the “Jump to” menu at the top of this article.The competition to make the latest, greatest, most advanced artificial intelligence thing has
  
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• The crisis-hit Tories need good advice. Will they really get it from Michael Gove’s Spectator? | Archie Bland

  27-09-2024 15:31 via theguardian.com
  
  The Speccie was a wise voice compared to the rest of the rightwing media. But can it remain so within the stable of the man who owns GB News?If there were any ambitious journalists on the right who still thought that the best route to the top runs through the newsroom, it may be time for them to start looking for a safe seat. Consider the evidence. George Osborne’s stint at the Evening Standard didn’t do much for the editorial reputation of former ministers; the Conservatives have si
  
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• From beer to books: 16 subscription services to save you time and money

  27-09-2024 14:00
  
  Whether it’s for loo roll, veg or underwear, a regular delivery of life’s everyday essentials can be the smartest way to shopGone are the days when subscriptions were only for newspapers and magazines. There’s now one for almost everything. And it makes sense: they can save you money, and it’s often one less thing to lug home from the shops.A subscription can also be fun, with an exciting element of surprise if you’re using them for something that changes with each
  
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• Hail Zuckus Maximus! The master of the metaverse is finally sorry … for ever being sorry | Marina Hyde

  27-09-2024 13:17 via theguardian.com
  
  Mark Zuckerberg is embracing both AI and full-on imperial monomania. As for petty gripes about elections and teen mental health, so what?The good news is that Mark Zuckerberg has become bored of looking like an answer to the AI prompt “efit of a teen villain”. The bad? While the Meta overlord has grown out the Caesar hairstyle that has sustained him since 2016, he is now leaning in to open imperial monomania. This week’s Meta Connect conference saw Mark take the stage in a T-sh
  
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• Why are so many people in Britain off sick? The answer is far more complex than you think | Gaby Hinsliff

  27-09-2024 10:00
  
  New research sets out a prescription – but the shadow of a fresh benefits crackdown hangs over everythingJamie used to love his job. Working as a hospital porter, helping sick people in need, he probably never expected to become a patient himself: at 50, he was still fit and healthy. But then he strained his back at work, and so began a long, downhill slide. He was given physio exercises to follow online, but couldn’t access them, and before long he was in such pain he was signed off
  
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• How Rachel Reeves could release billions more for investment in the budget

  27-09-2024 06:00 via theguardian.com
  
  The chancellor has signalled that she may change some of the government’s fiscal rules in her speech. What are they – and what could that mean?Rachel Reeves is considering changes in next month’s budget to the government’s so-called fiscal rules, which govern how much it can spend.The changes are aimed at paving the way for billions of pounds more investment in the UK economy, to help decarbonise the economy and reboot growth. Continue reading...
  
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• 'I'm a money expert - check your wallets for these special £5 notes worth £50k'

  27-09-2024 04:33 via express.co.uk
  
  These notes carry a miniature engraving of a beloved English figure and could be worth a small fortune.
  
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• Insurance sales boom amid surge in value of deals offering over £7,000 a year for life

  27-09-2024 03:00 via express.co.uk
  
  The increase comes on the back of big increases in the value of the yearly income offered
  
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• Experts issue £139 'unplug' warning over three common 'vampire devices' in your kitchen

  27-09-2024 03:00 via express.co.uk
  
  Utilita has released a Power Price list which documents exactly how much your household appliances will set you back annually
  
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• Parents urged 'take £800 action' to avoid tax raid and lose free childcare

  27-09-2024 02:01 via express.co.uk
  
  Experts at AJ Bell suggested someone earning just over £100,000 could reclaim £11,330 in tax and lost childcare benefits.
  
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• Scam warning over Barclays, HSBC, NatWest and 17 other banks as phone number issued

  27-09-2024 01:01 via express.co.uk
  
  Some £1.17billion was lost to scammers and fraudsters last year.
  
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