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Call for probe into possible market abuse in Budget run-up
Shadow chancellor Mel Stride has called for the UK’s financial regulator to investigate “possible market abuse” by people working in the Treasury and Downing Street in the run-up the Budget. The move comes as Chancellor Rachel Reeves denied she misled the public over the state of the country’s finances, after it emerged she and officials…
Driving test rules to change in bid to stop bots booking slots
Emer Moreau,Business reporter and Katy Austin,Transport correspondent Getty Images The backlog of driving tests grew after the covid-19 lockdown Only learner drivers will be able to book driving tests in plans aimed at reducing long waiting lists and preventing slots being sold at inflated prices. Transport Secretary Heidi Alexander said limiting third parties from reselling…
CPI inflation: Price increases in the US ease in November
Natalie ShermanBusiness reporter Bloomberg via Getty Images Price increases in the US eased in recent months, as costs for items including hotels, milk and some kinds of clothing fell. The latest figures from the Labor Department showed prices rose 2.7% over the 12 months to November. That pace was down from 3% in September and…
Asia stocks slide as US and Iran threaten to intensify war
“If Iran doesn’t FULLY OPEN, WITHOUT THREAT, the Strait of Hormuz, within 48 HOURS from this exact point in time, the United States of America will hit and obliterate their various POWER PLANTS, STARTING WITH THE BIGGEST ONE FIRST!,” Trump said in a social media post published at 23:44 GMT Saturday.
Labubu toy manufacturer exploited workers, labour group claims
A labour rights organisation claims it has found evidence of worker exploitation in a Chinese factory that makes the viral Labubu dolls. China Labor Watch (CLW), a US-based non-governmental organisation, alleges that its investigation found that one of Pop Mart’s suppliers made employees work excessive overtime shifts, sign blank or incomplete contracts and did not…
