UK Customer Energy Debt Nears £7 Billion as Price Cap Looms
Business & Markets • a month ago
Industry warns of growing financial strain on households and suppliers ahead of expected price cap increase.
Business & Markets News
UK Business Leaders Demand Sweeping Overhaul of Business Rates System
Business & Markets • a month ago
Campaigners argue government's consultation on tax reform is too narrow and fails to address systemic issues.
Walmart Launches 'Scenario' Clothing Brand to Appeal to Younger Shoppers
Business & Markets • a month ago
The new line aims to boost Walmart's fashion offerings and compete with online retailers like Amazon.
Gold Fields Boosts Shareholder Returns Amidst Earnings Surge
Business & Markets • a month ago
The mining company increased its interim dividend and announced an additional $500 million in shareholder returns, driven by elevated metal prices.
Tesla Recalls Nearly 3 Million Vehicles in China Over Door Handle Safety Concerns
Business & Markets • a month ago
New regulations set to take effect in 2027 will outlaw minimalist, pop-out door handles due to risks highlighted by recent incidents.
UK Flat Market Flooded as Landlords Exit, Buyers Remain Scarce
Business & Markets • a month ago
A significant increase in landlords selling flats is creating an oversupply in the UK property market, with fewer buyers, particularly investors, showing interest.
Landlords flood market with flats as buy-to-let profits plummet
Business & Markets • a month ago
A quarter of flats for sale are being sold by landlords, up from 16% in 2018, as rising costs and falling returns make property investment less attractive.
Savers Warned of Increased Investment Scam Risk Following Cash ISA Limit Reduction
Business & Markets • a month ago
A banking executive cautions that individuals with surplus cash due to the reduced ISA allowance will be prime targets for fraudsters.
Bitcoin Surges Past $80,000, Reaching a Three-Month High
Business & Markets • a month ago
Investor interest in cryptocurrency as a hedge against inflation fuels a significant price increase.