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Competition watchdog investigating eight firms over online pricing
Investigations have been opened into eight companies, including ticket resellers and driving schools, by the UK’s competition regulator as part of a review of online pricing practices. The cases are the first launched by the Competition and Markets Authority (CMA) under new consumer protection powers, and are looking at actions such as mandatory additional charges,…
US and Asia stocks slide as AI jitters persist
A burst of solid business news in the US was supposed to calm markets, which have been in retreat in recent weeks. But strong sales at artificial intelligence (AI) chip giant Nvidia and the world’s largest retailer Walmart, better-than-expected hiring in September, and even a pickup in home sales have so far done little to…
How do skincare dupes compare to luxury brands?
Rachael Parnell Rachel says with some of the dupes she “can’t tell the difference” When Rachael Parnell heard Aldi was selling a new skincare range that looked similar to products from luxury brand Augustinus Bader, she was “super excited”. She rushed to her nearest store to pick up the Lacura face cream for £8.49 for…
Have plans on paper in case of cyber-attack, firms told
People should plan for potential cyber-attacks by going back to pen and paper, according to the latest advice. The government has written to chief executives across the country strongly recommending that they should have physical copies of their plans at the ready as a precaution. A recent spate of hacks has highlighted the chaos that…
