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Two charged after collapse of funeral firm Safe Hands
Posted onTwo people have been charged following the collapse of a pre-paid funeral firm that left tens of thousands of people out of pocket. About 46,000 customers lost thousands of pounds when Safe Hands Plans Ltd collapsed in 2022 and fell into administration. The Serious Fraud Office (SFO) has charged two men – Richard Wells and…
Environment Secretary: South East Water boss should not get bonus
Posted onThe boss of South East Water (SEW) should not receive a bonus after tens of thousands of its customers were recently left without water, the Environment Secretary has said. David Hinton was awarded £115,000 last year on top of his £400,000 salary, and his bonus is in line to more than double this year. That…
Why switching to save money is easier than you might think
Posted onIn years gone by, most people would get a bank account early in their adult life and stick with it for decades. Competition now sees banks try to win over new customers by offering cash to switch – but only if you use their current account as your main account. Many people have been put…
TikTok owner signs join venture agreements to avoid US ban
Posted onTikTok’s Chinese owner ByteDance has signed binding agreements with US and global investors for the majority of its business in America, TikTok’s boss told employees on Thursday. Half of the joint venture will be owned by a group of investors, including Oracle, Silver Lake and the Emirati investment firm MGX, according to a memo sent…
UK economy grew slightly in August ahead of key Budget
Posted onNick Edserbusiness reporter Getty Images The UK economy grew slightly in August, official figures show, as focus intensifies on what measures the government might unveil in next month’s Budget. An increase in manufacturing output helped the economy expand by 0.1%, the Office for National Statistics (ONS) said, but the figure for July was revised down…
