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Child benefit: HMRC to review thousands of suspended payments
Posted onEimear DevlinBBC Money Box reporter Eve Craven Eve Craven had her child benefit halted after she went on a five-day trip to New York with her son The UK’s tax body is reviewing its decisions to strip child benefit from about 23,500 claimants after it used travel data to conclude they had left the country…
Lululemon boss to step down early next year
Posted onThe boss of Lululemon Athletica, the brand known for its expensive yoga leggings and other sports clothing, is to leave the company early next year. Calvin McDonald, the firm’s chief executive, will depart at the end of January after more than seven years at the helm. The decision comes amid a run of poor sales…
Ukraine to import US liquefied natural gas via Greece
Posted onVital supplies of US liquefied natural gas are due to start flowing into war-ravaged Ukraine this winter via a pipeline across the Balkans. The deal was announced after Ukrainian President Volodymyr Zelensky met Greek Prime Minister Kyriakos Mitsotakis in Athens on Sunday. Greece is working to increase the flow of American LNG to its terminals…
Tutor sought for £180k job to teach baby to become a ‘gentleman’
Posted onGetty Images The company behind the advert says what looks like “luxury or oddity” is actually “intentional investment in early education” “A family based in north London seeks an extraordinary and experienced tutor to support their youngest child on his first steps to becoming an English gentleman.” When reading this advert, you would be forgiven…
Nvidia expands global AI rollout with bumper South Korea deals
Posted onUS chip giant Nvidia will supply more than 260,000 of its most advanced artificial intelligence (AI) chips to South Korea’s government, as well as Samsung, LG, and Hyundai. The companies will all deploy the AI chips in factories to make everything from semiconductors and robots to autonomous vehicles and meant that South Korea can “now…
Universal theme park sparks ‘fear of losing homes’ in Bedford
Posted onHelen Mulroy BBC News, Bedfordshire Reporting fromKempston Hardwick BBC A charity said it was concerned about the impact thousands of new workers would have on a town’s property market A charity warned building Europe’s first Universal theme park would put people at risk of losing their homes. Prime Minister Sir Kier Starmer confirmed in April…
