A woman takes a selfie photo, with the Eiffel Tower in the background, at Surcouf street in Paris, on July 23, 2024, ahead of the Paris 2024 Olympic Games. Mauro Pimentel | Afp | Getty Images Euro zone inflation dropped to a three-year low of 2.2% in August, flash figures from statistics agency Eurostat showed…
Victims of economic abuse should find it easier to get help dealing with their creditors, as 25 banks and building societies have committed to accepting a new form which could ease applicants’ trauma and provide the support they need. The Economic Abuse Evidence Form (EAEF) enables money and debt advisers, trained by the specialist charities…
Jamaican dancehall vocalist Vybz Kartel has had his conviction quashed due to bribery attempts by one of the original jurors and been freed from prison after 13 years. The artist, real name Adidja Palmer, was arrested in 2011 along with three other men for the murder of their associate Clive “Lizard” Williams, whose body has…
Popular trader recommendation websites must vet the firms they advertise and tackle fake reviews under new rules designed to protect households from cowboy builders and tradespeople. Nationally, unscrupulous traders cost homeowners about £1.4bn a year, according to trading standards authorities, a problem that is escalating as demand for home improvements, loft conversions and extensions increases.…
[The stream is slated to start at 9:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell joins a panel including his global counterparts Tuesday at a European Central Bank forum. Powell will join ECB President Christine Lagarde and Brazil Central Bank…
U.S. Federal Reserve Bank Chair Jerome Powell announces that interest rates will remain unchanged during a news conference at the Federal Reserves’ William McChesney Martin building on June 12, 2024 in Washington, DC. Kevin Dietsch | Getty Images Federal Reserve Chair Jerome Powell expressed satisfaction Tuesday with the progress on inflation over the past year…
A council has provoked the wrath of residents and linguists alike after announcing it would ban apostrophes on street signs to avoid problems with computer systems. North Yorkshire council is ditching the punctuation point after careful consideration, saying it can affect geographical databases. The council said all new street signs would be produced without one,…
The editorial on the Labour party’s proposals for our railway (25 April) and Tom Haines-Doran’s article on further measures (Starmer’s rail plans must only be the start. It’s full renationalisation that Britain needs, 26 April) need to address a central feature of the privatised and fragmented regime. In order to facilitate competition, an elaborate legal…
Prospects for Thames Water nationalisation increase after funding collapse The chances of Thames Water being nationalised have risen after shareholders refused to inject £500m in emergency funding. The shareholders rejected conditions by the water regulator, Ofwat, that would have damaged their financial returns. Thames Water’s boss, Chris Weston, today said that if no funding could…
Banks are under pressure to stump up millions of pounds in interim funding for the organisation that polices open banking, with regulators saying the new money is needed to prevent financial crime and protect consumers if things “go wrong”. Large banks including NatWest, HSBC, Lloyds and Santander UK were among more than 40 City firms…
