Introducing the new Patek Philippe Cubitus line. Courtesy: Patek Philippe Storied Swiss watch maker Patek Philippe announced its first new collection in 25 years this week, dubbed the Cubitus line. The new collection comes at a time when luxury watch prices have largely stabilized, fueled by strong demand. Younger investors and collectors began buying up…

Rachel Reeves is expected to extend a “stealth” freeze on income tax thresholds beyond the 2028 deadline set by the previous Conservative government to raise billions of pounds in the budget. The chancellor is contemplating the move, first reported by the Financial Times, as she seeks tax-raising measures to plug a £40bn shortfall in the…

One of Britain’s largest care home chains, Care UK, has been sold to an American property investment company, the Guardian can reveal, in a deal that comes as private providers lobby the government for a greater role in the NHS. Care UK, which operates more than 150 residential homes for older people, has been the…

Martin Lewis has warned of a “wild west” of online scams after criminals used a fake interview with Rachel Reeves to trick consumers into sharing their bank details ahead of the budget. The Guardian spotted an online advert from an outfit calling itself “Quantum AI” designed to look like a BBC News article covering an…

Airplane fuselages bound for Boeing’s 737 Max production facility await shipment on rail sidings at their top supplier, Spirit AeroSystems Holdings Inc., in Wichita, Kansas, on Dec. 17, 2019. Nick Oxford | Reuters Boeing supplier Spirit AeroSystems will furlough some 700 workers as a strike by machinists at the plane maker enters its sixth week,…

The US government’s road safety agency has opened an investigation into 2.4m Tesla vehicles with the automaker’s Full Self-Driving software after four reported collisions, including a fatal crash. The National Highway Traffic Safety Administration (NHTSA) on Friday said it was opening the preliminary evaluation after four reports of crashes where Full Self-Driving was engaged during…

Marks & Spencer launched its much-anticipated collaboration with Bella Freud on Thursday, with fans quickly buying up items from the 27-piece collection. By lunchtime, coveted items such as the pleated pinstripe skirt had been bought in most sizes from the website, and by Friday morning the majority of the items had sold out in most…

Procter & Gamble on Friday reported weaker-than-expected revenue as lower demand in China again weighed on its sales. Shares of the company fell 1% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $1.93 adjusted vs. $1.90 expected Revenue:…

A senior Amazon executive has suggested that staff who do not like the company’s new five-days-a-week office-working policy should quit. The head of the tech company’s cloud computing business told an internal meeting that if employees did not support the change they could look for a job elsewhere, according to a transcript reviewed by Reuters.…

Labour is using its first animal welfare policy since entering government to dilute standards by legalising the harmful practice of carrying chickens by their legs, charities have said. European transport regulation 1/2005, which still applies in the UK, prohibits lifting chickens by their legs on farms and during loading and unloading, but the government is…