Similar Posts
Rachel Reeves plans ‘targeted action’ on bills in Budget
Faisal IslamEconomics editor Watch: Government will be taking targeted action on cost of living, says Reeves Chancellor Rachel Reeves has said she is planning “targeted action to deal with cost of living challenges” in next month’s Budget. Speaking to the BBC, she said it was the job of both the government and the Bank of…
Onchan residents cite traffic, tourism, and economy as key issues
Originally from Bulgaria, they have lived on the island for more than 14 years and have run a cafe in the town’s Village Walk area for the last three. Matevski said rising stock prices were “crazy”, adding that “every day our suppliers are coming with new prices and we’re trying to survive”. Slavova said: “We…
North Sea oil and gas firm Petrofac files for administration
Angus CochraneBBC Scotland News Petrofac Petrofac has offices in Aberdeen, London, Woking and Greater Yarmouth Energy services firm Petrofac has filed for administration. The company, which employs about 2,000 people in Scotland, said its North Sea business would continue to operate as normal. In a statement, Petrofac said it had applied to appoint administrators for…
Global borrowing costs hit fresh highs on oil, AI and inflation
Long-term borrowing costs across some of the word’s biggest economies hit fresh highs because of concerns over inflation, government debt levels and spending on Artificial Intelligence (AI). The interest rate on US borrowing over 30 years hit 5.33% on Tuesday, the highest since June 2007, meanwhile UK long-term debt reached 5.85%. There were similar moves…
Vinted users furious over InPost UK parcel delivery delays
Users of the second-hand shopping app Vinted have taken to social media in outrage over severe delays in receiving their orders via one of the firm’s partner couriers. Posts seen by the BBC describe parcels not being collected from InPost UK lockers or left stuck in transit without updated tracking information. Some customers were notified…
