Business
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Rachel Reeves: improving services more important than Waspi women payout

Improving public services is a higher priority than spending £10bn compensating Waspi women, the chancellor, Rachel Reeves, has said, as MPs and campaigners criticised the decision to reject the watchdog’s recommendation for a flat-rate compensation scheme. Her comments came after campaigners accused Labour of hypocrisy for having promised to compensate women hit by the rising…

Business
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Lloyds advert banned for making false environmental claims

A Lloyds Banking Group advert has been banned for making false environmental claims, making it the second major lender to break the UK advertising watchdog’s rules against greenwashing. The ruling by the Advertising Standards Authority (ASA) follows an investigation into a billboard poster and three paid-for posts on the networking website LinkedIn, all of which…

Business
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Honda and Nissan to start talks on potential mega-merger

Japanese carmakers Honda and Nissan will begin negotiations over a potential merger, according to a report. The Nikkei financial newspaper said on Tuesday that the two Japanese companies would start talks to help combat the increased global competition from bigger electric vehicle makers. The firms, which are the second- and third-largest car manufacturers in Japan,…