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Watchdog Ofcom agrees BT Openreach's proposed full-fibre broadband discount scheme is not anti-competitive

Ofcom said the Equinox 2' scheme announced by BT's networking arm in December is 'not anti-competitive' and aligns with its goal to enhance investment in high-speed broadband networks.

2023-02-03T12:10:52Z

‘Complaints to Energy Ombudsman topped 100,000 last year’

‘Complaints to Energy Ombudsman topped 100,000 last year’ - The main problems were reported to be incorrect billing, poor customer service and problems switching suppliers.

2023-02-04T05:53:16Z

Renovating your bathroom? Here are 15 ways you can pay less

From plumbing and bathroom installation to tiles, we’ve rounded up ways you can save money on a bathroom renovation as well as what to spend more on to get the most value for your budget

2023-02-04T06:42:33Z

ULEZ: The huge IKEA just outside London where shoppers won't have to pay £12.50 charge

The IKEA won't be roped into the ULEZ when it expands in August

2023-02-04T09:00:50Z

Guggenheim remains bullish on WWE’s renewal cycle

By Michael Elkins Guggenheim reiterated a Buy rating on World Wrestling Entertainment , Inc. (NYSE:WWE), and raised the price target on the stock to $105.00 (from $94.00) as the sports entertainment company enters the early stages of a strategic...

2023-02-03T19:20:31Z

Finance minister says some cost-of-living measures will extend beyond February

Tanaiste Micheal Martin reiterated that there would be no ‘cliff edge’ end to the cost-of-living measures.

2023-02-03T16:59:30Z

In case you missed it, 6 big dividends: Ford, Quest Diagnostics

By Davit Kirakosyan Investing.com -- Here are 6 big dividend hikes and special dividends that came in since yesterday, all covered in real time on InvestingPro. Ford Motor (NYSE:F) declared a special dividend of $0.65 per share for an annual yield...

2023-02-03T12:20:22Z

Does the UK need better managers?

The "manager" title is not as highly coveted in the UK as it is in America or Germany, Ann Francke, CEO of the Chartered Management Institute, tells the Economist. It may, therefore, not come as a surprise that British company management trails behind countries like the US, Japan, Germany, Sweden and Canada on critical metrics, according to the Wor...

2023-02-03T15:55:50Z

Black mould forces family out new-build Basingstoke home after son, 6, has severe asthmatic reaction

As mould spread all over their three bed house, in Basingstoke, Hampshire, Jodie Viney and Steven Longyear's asthmatic son Riley (pictured), 6, became so ill he was hospitalised and placed on a drip.

2023-02-04T09:33:10Z

The top British cities for landlords as house prices fall

Cambridge has been named the best city for property investment in Britain, as landlords brace for a market downturn. Landlords face the threat of falling house prices, as would-be buyers are scared off by rising mortgage rates. It comes at the same time as a potential arrears crisis, as tenants struggle with higher costs. But experts said the city ...

2023-02-03T17:06:48Z

The world's 30 biggest employers, including the NHS

From the world's biggest fast food chain to India's sprawling state railway, the staggering sizes of the world's biggest workforces.

2023-02-04T03:40:04Z

Royal Mail make ‘bizarre’ decision to send stamp books as compensation for lost parcels

The Royal Mail is sending customers stamp books instead of refunds, it has emerged, as delays with parcel deliveries continue. Several customers have reported being sent letters along with stamp books after lodging complaints about missing or delayed parcels, with some customers being sent hundreds of pounds worth of stamps. Royal Mail continues to...

2023-02-03T21:46:46Z

British tech minnow Nanoco draws line under Samsung IP spat with $150m settlement - but AIM-listed firm's shares crash 25%

Nanoco has reached a settlement with Samsung over a long-running spat over intellectual property infringement, which will see the Korean tech giant pay the AIM-listed firm $150million (£122million).

2023-02-03T13:15:23Z

'Slithery' London Nando's cleaner 'tried to swindle £20k' within 8 days of landing job

The man was 'essentially complaining that he was asked to do his job', the employment judge wrote

2023-02-03T16:11:23Z

Bank of England must not push interest rates too high, its chief economist says

Inflation should be back within Bank’s 2% target range by middle of 2024, Huw Pill adds

2023-02-03T13:20:43Z

£40k for a London house? The UK’s best cheap homes up for auction

If you’ve got the nerve, the budget, and the imagination, these affordable auction houses could be well within your reach

2023-02-04T07:13:57Z

FTSE 100 closes at all-time record high of 7,901.8 as bumper US jobs and hopes rate rises will slow spark a surge of market optimism

The FTSE 100 finished above its previous closing high of 7,877.45, after forecast-beating US jobs figures.

2023-02-03T17:58:41Z

The boom in British start-up companies is a bright spot for the economy, says small business expert EMMA JONES

In 2022, 784,762 businesses were registered at Companies House, that's almost 30,000 more than in 2021 and 114,000 more recorded annually pre-pandemic.

2023-02-04T07:26:06Z

Something for the weekend: This week’s five most-read stories on Cityam.com

A Reddit user called fatmummy, interest rates, vaccines, the ECB and an ignominiouss end to government-funded Tech Nation – here’s what City A.M. readers most wanted to click on this week. One: How a saucepan broke the internet. If lockdown had you baking and prepping then this story would have piqued your interest. Houseproud, or [...] The post Something for the weekend: This week’s five most-read stories on Cityam.com appeared first on CityAM.

2023-02-03T16:11:47Z

Octopus Energy is giving out free electric blanket - how to apply as supplier gives update

A limited number of electric blankets are available to help struggling Britons reduce their energy bills.

2023-02-03T18:24:27Z

Stock market today: Dow slips as strong jobs delivers big blow to Fed pause bets

By Yasin Ebrahim Investing.com -- The Dow closed lower Friday as pressure from Amazon and Google soured sentiment on tech just as a blowout jobs report dented bets on a sooner Federal Reserve pause on rate hikes. The Dow Jones Industrial Average fell...

2023-02-03T22:37:13Z

Labour may favour black-owned firms for government contracts

Companies led by black Britons could be given more government contracts if Labour wins the next election under plans being considered by the party. Jacqueline McKenzie, a human rights lawyer and member of Labour’s race equality task force, said in an interview with The Voice newspaper that the idea was being discussed. Ms McKenzie was quoted as say...

2023-02-03T20:01:41Z

British Gas staff feel pressured to force prepayment meters on customers in debt - whistleblower

A current employee in British Gas's debt recovery team has told Sky News that staff feel pressured to force the installation of prepayment energy meters on customers in debt.

2023-02-03T21:04:57Z

Royal Mail cyber attack is 'destroying' small businesses as overseas post still disrupted

Britain's thriving online retailers say they have been crushed by a cyber attack on Royal Mail two weeks ago.

2023-02-03T22:10:12Z

Amazon Fresh goes stale in blow to Jeff Bezos’s supermarket dream

When shoppers arrived at the opening of Amazon’s first Fresh store in the UK to try its “just walk out” technology in early 2021, many found there was already a wait to just get in. Following much fanfare over the launch, customers were more than happy to queue for a look inside the new concept shop. “I’m not sure what I even put in my bag,” one sh...

2023-02-04T10:01:24Z

Apple, Amazon, Alphabet, Ford all fall in premarket

By Geoffrey Smith Investing.com -- Stocks in focus in premarket trading on Friday 3rd February. Please refresh for updates. Apple (NASDAQ:AAPL) stock fell 1.5% after the iPhone maker reported its first quarterly sales drop in over three years,...

2023-02-03T14:05:24Z

‘Silver exodus' due to ageism creates issue as state pension age set to rise ‘faster'

Ageism is driving many over 55s out of the workforce, according to a new report, with Britons feeling discriminated against.

2023-02-04T04:09:48Z

Maintenance workers on Elizabeth Line to stage 24-hour strike

The Rail, Maritime and Transport union said staff doing essential work keeping the line running were being ‘short-changed’.

2023-02-03T16:34:22Z

Loss-making Eton College uniform supplier gets cash injection

A tailor to Eton College has received a £600,000 cash injection from its US private equity owners after it racked up losses during the pandemic. New & Lingwood, which is one of several to provide uniforms for the school, posted a £760,000 loss in the year to January 2022, its latest accounts showed, broadly flat on the previous year. Its owner, POP...

2023-02-03T17:46:45Z

Scottish Government says ‘no new offer’ following talks with teaching unions

Scottish Government says ‘no new offer’ following talks with teaching unions - Union says minister must come up with an improved offer.

2023-02-03T17:52:53Z

BP to be shot into spotlight with expected bumper profits set to be revealed

BP to be shot into spotlight with expected bumper profits set to be revealed - The energy giant is expected to come in for criticism a week after its rival Shell also confirmed massive profits.

2023-02-03T16:38:28Z

Polaris Announces 21-Percent Sales Surge In Q4 2022

Indian Motorcycle contributes with modest growth in the sluggish cruiser market.

2023-02-03T23:13:45Z

Scam warning: FCA removes over 5,800 misleading ads and warns consumers to be on their guard

The Financial Conduct Authority (FCA) said it has ramped up efforts to protect consumers from misleading financial promotions, according to a report published today. The UK’s leading financial watchdog required firms to amend or remove a staggering 8,582 promotions during 2022, compared to just 573 in the previous year. It also posted more than 1,800 [...] The post Scam warning: FCA removes over 5,800 misleading ads and warns consumers to be on...

2023-02-03T11:41:42Z

Mum fumes as tenant attempts to convert front garden into private parking space

The tenant has threatened to have the work carried out and then charge their landlord for the changes made.

2023-02-03T17:03:50Z

Couple turned £5,000 into six-figure business - now 'on track' to turnover half a million

A short trip to South America inspired a six-figure business venture making waves on Amazon by creating one of the first-ever snacks of its kind - peanut butter buttons.

2023-02-04T07:09:46Z

Octopus Energy stops force-fit prepayment meters and slams firms with 'history of abusing'

Companies with a history of abusing customers shouldn't get away with it just by briefly suspending their activities until the storm is over, the energy provider said.

2023-02-03T14:50:35Z

U.S. nonfarm payroll growth blows past forecasts in January, up 517k

By Geoffrey Smith Investing.com -- Job growth in the U.S. blew past expectations in January, the latest in a series of bewilderingly strong data from the labor market. The Labor Department said nonfarm payrolls grew by 517,000 through the middle of...

2023-02-03T14:20:26Z

U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.38%

Investing.com – U.S. equities were lower at the close on Friday, as losses in the Consumer Services, Utilities and Basic Materials sectors propelled shares lower. At the close in NYSE, the Dow Jones Industrial Average fell 0.38%, while the S&P 500...

2023-02-03T22:05:33Z

Chipotle's drive-through lane growth not fully appreciated: Oppenheimer

By Liz Moyer Investing.com -- Chipotle Mexican Grill Inc (NYSE:CMG) is “getting spicy again,” generating growth with its Chipotlane drive-through offering, something that the market hasn’t fully appreciated, according to a note Friday by...

2023-02-03T18:05:29Z

Why it has never been harder to get a mortgage if you are self-employed

Freelancers have always had to work harder than the employed to get on the property ladder. When it comes to mortgages, banks simply prefer the predictable income of the regular nine-to-five office worker. Indeed, self-employed borrowers were almost locked out of the mortgage market altogether during the pandemic, as freelancers found themselves ou...

2023-02-03T15:11:34Z

Complaints about energy firms soar by 50 per cent in two years

More than 100,000 complaints were received by the Energy Ombudsman last year and the majority were resolved in the customers' favour

2023-02-04T09:32:32Z

OPINION - Talking Point: What do you think about Netflix’s password-sharing crackdown?

Talking Point: What do you think about Netflix’s password-sharing crackdown? - Netflix has released more details on how they plan to implement their impending password-sharing crackdown

2023-02-03T15:48:07Z

Regeneron shares rise as eczema drug sales help drugmaker post Q4 earnings beat

By Scott Kanowsky Investing.com -- Shares in Regeneron Pharmaceuticals Inc (NASDAQ:REGN) rose on Friday after the drugmaker posted better-than-expected earnings in the fourth quarter despite a dip in sales of its key eye drug. The blockbuster...

2023-02-03T16:23:48Z

The Apprentice winner with net assets worth £1.37million after 'last roll of the dice'

As a new series of The Apprentice gets underway, it is interesting to look back at past winners and their businesses to see how Lord Sugar's investment made a difference.

2023-02-03T14:24:30Z

Popular London Wetherspoons finds a buyer after 4 months on the market

The Moon on the Hill has been up for sale since September last year

2023-02-03T13:41:09Z

Energy suppliers branded ‘loan sharks’ after clinging on to billions of customers’ cash

Energy suppliers have been accused of “acting like loan sharks” by making it too difficult for customers to reclaim credit owed to them. Companies are meant to hand back credit upon request, but MPs and charities warned that over-complicated processes meant customers were effectively unable to claim back billions of pounds. According to a Telegraph...

2023-02-03T17:31:32Z

Could this be the peak for interest rates? This is Money podcast on rate hikes and what they mean for you

We look at how likely those interest rate forecasts are to be correct and what this all means for the economy, mortgages, savings and first-time buyers.

2023-02-03T21:40:47Z

Matthew Hoggard: ECB's Azeem Rafiq racism investigation has 'failed everyone'

Hoggard, who was part of the England team which won the 2005 Ashes, faces four charges from the England and Wales Cricket Board. Hoggard told BBC Sport: "The process has failed everybody. Every party involved has a problem with the way this process has been dealt with. "Azeem [Rafiq] has a pro...

2023-02-03T20:01:32Z

Gold distances itself from $2,000 target after blockbuster U.S. jobs report

By Barani Krishnan Investing.com -- Gold tumbled 2% on Friday after a blockbuster U.S. jobs report for January triggered one of the biggest profit-takings in the precious metal's long-running rally, distancing it from the $2,000-an-ounce target eyed...

2023-02-03T16:35:50Z

Hounslow faces parking free for all as traffic wardens plan to strike for month

The strikes will begin on Monday and last for weeks

2023-02-03T16:57:19Z