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How Somerset families can get crisis support to help heat homes
Posted onSomerset councillor Heather Shearer said: “One thing the Crisis Resilience Fund wants us to do is not just support people in crisis, it also wants us to work in our community, give more strength and support for the organisations who already support our families.”
Two charged after collapse of funeral firm Safe Hands
Posted onTwo people have been charged following the collapse of a pre-paid funeral firm that left tens of thousands of people out of pocket. About 46,000 customers lost thousands of pounds when Safe Hands Plans Ltd collapsed in 2022 and fell into administration. The Serious Fraud Office (SFO) has charged two men – Richard Wells and…
Bank of England warns of AI bubble risk
Posted onArchie MitchellBusiness reporter PA Media The Bank of England has warned of a “sharp correction” in the value of major tech companies with growing fears of an artificial intelligence (AI) bubble. It said share prices in the UK are close to the “most stretched” they have been since the 2008 global financial crisis, while equity…
Oil prices jump after Trump says Iranian ship seized
Posted on“Oil markets continue to gyrate in response to oscillating social media posts by the US and Iran, rather than the realities on the ground which remain challenging for oil flows to resume in a rapid fashion”, analyst Saul Kavonic from financial services firm MST Marquee told the BBC.
Federal court blocks Trump from sacking Lisa Cook
Posted onUS President Donald Trump cannot oust Federal Reserve governor Lisa Cook from her role, a federal appeals court has ruled. The 2-1 ruling on Monday is a blow to Trump as it means Cook can now stay in place for the Fed’s policy meeting on Tuesday and Wednesday, where it is expected to cut US…
