Customers at Britain’s major banks and building societies suffered the equivalent of more than one month’s worth of IT failures in the last two years, MPs have said. Enquiries by the House of Commons’ Treasury committee have found that nine of the top banks and building societies operating in the UK accumulated a total of…
Poundland’s owner is mooting a possible sale of the UK discount retail chain as it struggles amid tough trading and before incoming measures from October’s budget that will send wage costs soaring. Poland-based Pepco Group said it was considering “all strategic options” to spin out the struggling 825-strong chain from the wider group as it…
ITV’s profits jumped in 2024 thanks to record earnings at the British broadcaster’s production arm, ITV Studios, as it benefited from hits including Mr Bates vs the Post Office, the Jilly Cooper adaptation Rivals and Fool Me Once. The FTSE 250 company said revenues were down 3% to £4.1bn in 2024 compared with the previous…
Roy Ayers, the jazz-funk pioneer whose hit Everybody Loves the Sunshine has become a summer staple across the globe, has died aged 84. A post on the musician’s official Facebook page said: “It is with great sadness that the family of legendary vibraphonist, composer and producer Roy Ayers announce his passing which occurred on March…
China’s Minister of Finance Lan Fo’an speaks during a press conference in Beijing on Nov. 8, 2024. Adek Berry | Afp | Getty Images BEIJING — China has more room to act on fiscal policy amid domestic and external uncertainties, Finance Minister Lan Fo’an told reporters on Thursday. He was responding to a question during…
South Lismore residents told to evacuate before 9pm tonight Northern Rivers NSW SAS have issued an emergency warning for South Lismore residents to evacuate before 9pm tonight due to flooding from Cyclone Alfred. The evacuation notice applies to South Lismore, a suburb in the Lismore region, and surrounds, including all properties along Kyogle Road between…
China’s ministry of foreign affairs has promised that China will “fight to the end” with the US in a “tariff war, trade war or any other war”, marking China’s strongest rhetoric on US president Donald Trump since he entered the White House. On Tuesday, in response to Trump imposing an extra 10% tariff on Chinese…
The news that the US had suspended military aid to Ukraine stunned world leaders and led to a rapid reassessment of how much we can really rely on our American ally. Is this the end of the western alliance? John Harris asks our diplomatic editor, Patrick Wintour. Plus, as the UK pledges to boost defence…
South Korea’s air force has apologised after one of its fighter jets accidentally dropped eight bombs in the wrong place during a training exercise on Thursday, resulting in civilian injuries. “Eight MK-82 general-purpose bombs were abnormally released from an air force KF-16 aircraft, landing outside the designated firing range,” the air force said. “We deeply…
“I’d quite like to just try and get a deposit together, to buy a house and stuff.” After Mark* saw an advert for a financial trading website, he signed up to what he believed was access to an adviser who called herself Lilliana. Through long phone calls together, Mark believed that he was making investments…
