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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,…
Highest government borrowing in September for five years
UK government borrowing in September hit the highest level for the month in five years, official figures show, highlighting the challenges facing the chancellor ahead of next month’s Budget. Borrowing – the difference between public spending and tax income – was £20.2bn in September, up £1.6bn from the same month last year, the Office for…
Chiltern Railways renationalised after 30 years as private company
Chiltern Railways has been brought into public ownership after 30 years as a private company. It is the 10th rail company now under the Great British Railways (GBR), the government’s programme of public ownership, which it says will save money and improve services. Chiltern Railways, which was privatised in 1996, operates services from London Marylebone…
Netflix reportedly closes in on Warner Bros deal
Netflix is closing in on a deal to buy the film and streaming businesses of Warner Bros Discovery, according to multiple reports. The streaming giant has emerged as the top bidder for Warner Bros ahead of rivals Comcast and Paramount Skydance after offering $28 (£21) per share, according to several outlets including Reuters and the…
Pharmaceuticals face 100% tariffs in US – unless they have a deal
Richard Frank, a senior fellow at the Brookings Institution and director of its Center on Health Policy, said it was hard to judge the impact of the order given questions about its scope, including how many drugs might be able to win exemptions, and how many companies would end up striking deals.
