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Pothole claims up 90% in three years, says RAC
Emer MoreauBusiness reporter Getty Images The number of pothole-related claims fell last year. Pothole compensation claims made to councils in Britain rose by 90% between 2021 and 2024, according to analysis by the RAC motoring group. The study also found that only a quarter of claims made by motorists in 2024 resulted in payouts. However,…
Ticketmaster-owner Live Nation ran a monopoly and overcharged fans, jury finds
Morgan Harper, a director at the non-profit economic advocacy organisation American Economic Liberties Project, called the verdict against Live Nation “a historic victory for fans, artists, concert promoters and venue owners who have suffered for decades under the thumb of Ticketmaster’s monopoly”.
Ozempic-maker Novo Nordisk to cut 9,000 jobs
The maker of Wegovy and Ozempic, Novo Nordisk, has announced it will cut 9,000 jobs weeks after warning that profits will fall as more “knock-off” weight-loss drugs emerge. The redundancies make up 11% of the Danish company’s workforce and mark the first major step by new chief executive Mike Doustdar as Novo Nordisk faces mounting…
Gold surges past record $4,000 an ounce as uncertainty fuels rally
The price of gold has hit a record high of more than $4,000 (£2,985) an ounce as investors look for safe places to put their money over concerns about economic and political uncertainty around the world. Gold has seen its biggest rally since the 1970s, rising by around a third since April when US President…
TikTok: App’s child data protection inadequate, Canada probe finds
TikTok’s efforts to stop children using the app and protect their personal data have been inadequate, a Canadian investigation has found. Hundreds of thousands of children in the country use TikTok each year despite the firm saying it is not intended for people under the age of 13, according to the findings. The investigation also…
