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Two South East charities get £300k to support older residents
Posted onAlmost £300,000 has been awarded to two charities in the South East to support the work they do with older residents in financial hardship. The body Independent Age has given £149,997 to Citizens Advice Swale, in Kent, and a further £150,000 to Age UK East Sussex. The funding provided to the charities is designed to…
Bigger than the Shard: Banking giant announces new £10bn office
Posted onPA Media The new development could bring 7,800 jobs to the area Global banking giant JP Morgan Chase has announced plans to build a new tower in Canary Wharf, claiming it will boost the UK’s economy by £10bn. The firm said at three million square feet (280,000 sq m), the building would have double the…
Customers sue maker of popular On Cloud shoes over ‘noisy and embarrassing’ squeaks
Posted onAthletic shoe company On is facing a lawsuit from customers who claim that its popular sneakers make a “noisy and embarrassing squeak”. The “CloudTec” sneakers typically cost around $200 (£150) and have holes in the sole designed to make users feel like they are “running on clouds”. Instead, the lawsuit says, they cause issues in…
Chancellor hints at tax and spend shift to cushion Budget
Posted onThe chancellor has given the clearest indication yet that she wants to give herself more financial breathing space in November’s Budget. Speaking at a gathering of business leaders in Saudi Arabia, Rachel Reeves said she wanted to ensure the UK had “sufficient headroom” to provide resilience against future shocks. The implication is that the £9.9bn…
