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My husband would still be alive if hed received Post Office compensation
Emma SimpsonBusiness correspondent Jonathan Armstrong died in October before receiving full compensation A sub-postmaster whose life was ruined by the Post Office’s faulty accounting software has died without receiving his full compensation. Jonathan Armstrong passed away in October from a heart attack at the age of 58. His widow, Sarah, is now looking into claiming…
South Korea: Online retail giant Coupang hit by massive data leak
Osmond ChiaBusiness reporter Getty Images E-commerce giant Coupang is often described as South Korea’s equivalent of Amazon.com South Korea’s largest online retailer, Coupang, has apologised for a massive data breach potentially involving nearly 34 million local customer accounts. The country’s internet authority said that it is investigating the breach and that details from the millions…
Food firms scramble to meet the high-protein craze
Christine RoTechnology Reporter Christine Ro Several months ago Andie started playing around with a fitness app. It recommended that she substantially increase her protein intake. The hard part for her was doing so without also increasing calories. “So I started trying to find high-protein alternatives to things I was already consuming,” she explains. This included…
Trump administration to roll back fuel economy rules set under Biden
Natalie ShermanBusiness reporter Getty Images The US is set to loosen its fuel economy rules, reversing another Biden-era policy that had been expected to lead to increased take-up of electric cars. US President Donald Trump announced the proposal at the White House, where officials said the prior standards were not realistically achievable and were driving…
Nationwide fined £44m for inadequate crime controls
Nationwide has been fined £44m for not having the right processes in place for detecting financial crime between 2016 and 2021. The building society had “ineffective systems” for assessing risk and monitoring the transactions of its customers, the Financial Conduct Authority (FCA) said. In one instance, Nationwide missed opportunities to identify unusual activity after £26m…
Royal Mail fined £21m by Ofcom for missing delivery targets
Emer MoreauBusiness reporter Getty Images A quarter of all first-class post was delivered late last year Royal Mail has been fined £21m after almost a quarter of first-class post arrived late, Ofcom has announced. It is the third-largest fine the communications watchdog has ever issued and follows its investigation after Royal Mail missed its targets…
