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The guards rise again: the force still shaping Iran
Posted onTo read this article for free Register now Once registered, you can: • Read free articles • Get our Editor’s Digest and other newsletters • Follow topics and set up personalised events • Access Alphaville: our popular markets and finance blog
Drivers may get compensation offers before car finance saga ends
Posted onThe FCA has published a factsheet to help drivers, external work out whether they should accept early settlements from lenders. It will include a list of lenders who are making early offers, to ensure claimants with other lenders are not scammed. The regulator said lenders will need to be clear with people about what accepting…
Trump’s global tariffs ‘victory’ may come at a high price
Posted onBBC In April Donald Trump stunned the world by announcing sweeping new import tariffs – only to put most on hold amid the resulting global financial panic. Four months later, the US president is touting what he claims are a series of victories, having unveiled a handful of deals with trading partners and unilaterally imposed…
M&S profits almost wiped out after cyber hack left shelves empty
Posted onM&S’s profits were almost wiped out after it was hit by a cyber-attack which left shoppers unable to buy online from the company for months. The hack was “an extraordinary moment in time,” it said, as it revealed statutory profit before tax – a figure that reflects all costs for a period – slumped 99%…
Jersey upfront childcare payments simplifies the system
Posted onBBC Deputy Rob Ward said the new childcare payments system provided “flexibility” for parents Jersey’s education minister has defended a new scheme that allows parents to claim back childcare costs for toddlers. From next month any parent regardless of income or working requirements will be able to apply to claim up to £6,270 per school…
Pubs, hotels and gyms in Wales to get 30% business rates cut
Posted onUK Hospitality Cymru director David Chapman said the costs facing the sector made running a business similar to “plate spinning when you’re riding an exercise bike”. Chapman added: “You have massive amounts of taxation coming from all areas. We have a VAT problem besides business rates. We also have high inflation in the industry over…
