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UK economy shrank unexpectedly by 0.1% in October
Rachel ClunBusiness reporter PA Media The UK’s economy shrank unexpectedly in the lead up to the Budget, according to the latest official figures. The economy contracted by 0.1% in October, the Office for National Statistics (ONS) said, whereas economists had been expecting it to grow by 0.1%. The economy also shrank by 0.1% in the…
What are cold weather payments and who can get them?
Reuters Cold weather payments have been triggered across 697 postcodes in England, Wales and Northern Ireland as temperatures plunged across the UK. Households on certain benefits are entitled to the money when there is a prolonged period of below-zero temperatures. In Scotland, those on low incomes and benefits may receive a separate winter heating payment,…
Roomba vacuum cleaner firm iRobot files for bankruptcy
The US firm behind the Roomba smart vacuum cleaner, iRobot, has filed for bankruptcy protection after facing competition from Chinese rivals and being hit by tariffs. Under the so-called pre-packaged Chapter 11 process, the main manufacturer of its devices, Shenzhen-based Picea Robotics, will take ownership of the firm. The tough commercial landscape had forced iRobot…
