There was something striking about Sir Keir Starmer’s defiance of conventional wisdom. There he was addressing his party’s annual conference – the first Labour prime minister to do so in 15 years – facing growing public unease over gifts from rich donors, internal disquiet over welfare cuts, and warnings from pollsters that his chances of…

The Post Office attempted to use Horizon IT data to support a criminal case against a post office owner earlier this year, despite hundreds of post office operators being wrongfully prosecuted for theft, fraud and false accounting because of bugs in the system. A chain of email correspondence between the Post Office and the Horizon…

Lars Fruergaard Jørgensen, CEO of Novo Nordisk, speaks during an interview in New York on Aug. 10, 2022. Christopher Goodney | Bloomberg | Getty Images Novo Nordisk‘s top executive is slated to face a Senate grilling on Tuesday over the high prices of the company’s weight loss drug Wegovy and diabetes treatment Ozempic, as demand…

In what is a first for a major high street lender, Nationwide, Britain’s biggest building society, is allowing first-time buyers to borrow up to six times their income. From Tuesday, it would give new buyers the option of borrowing up to six times their income when taking out a five- or 10-year fixed rate for…

BoE governor predicts UK interest rates will fall gradually Newsflash: The governor of the Bank of England has predicted that interest rates will fall “gradually”. In an interview with KentOnline, just published, Andrew Bailey said that “inflation has come down a long way” – it was 2.2% in August, just above the BoE’s target, having…

Europe’s largest travel company expects its annual profits to rise by at least a quarter, helped by people spending more on winter breaks to sunny destinations such as Egypt, Cape Verde, Thailand and Mexico. Tui also said summer sales rose by 6%, helped by late bookings, for which Spain, Greece and Turkey were the most…

The veteran broadcaster Moira Stuart has revealed that she nearly fell victim to a sophisticated bank scam. Stuart, 75, who spent 34 years with the BBC on TV and radio, told the Times newspaper she was saved from losing thousands of pounds by a vigilant bank cashier. The Classic FM presenter said she thought she…

A former Harrods chief executive has told the BBC he was witness to “abhorrent” behaviour by the store’s late owner Mohamed Al Fayed – but not sexual abuse. James McArthur, who was chief executive for what he described as a “most unpleasant 10 months” in 2008, told the broadcaster he was not aware of any…

A union representing 33,000 striking Boeing workers has reacted with anger at what the aircraft-maker called its “best and final” pay offer of a 30% rise over four years. The International Association of Machinists and Aerospace Workers (IAM), Boeing’s largest union, declined to put the offer to a vote, saying the proposal was not negotiated…

I tried to pay a congestion charge to Transport for London (TfL), but payment was declined twice. My bank, Nationwide, told me TfL had not collected the funds but refused to confirm this in writing. I sent screenshots of the pending transactions to TfL, which refused to accept them, and said I must pay the…