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High Court rules Baroness Mone-linked company breached £122m Covid contract
Posted onRachel ClunBusiness reporter Getty Images A company linked to peer Baroness Mone and her husband Doug Barrowman has been ordered to pay £122m in damages after a judge ruled it breached a government contract for the supply of personal protective equipment (PPE) during the Covid pandemic. The Department of Health and Social Care sued PPE…
Rising food bank use in Guernsey a sad picture of our community
Posted onHe added: “Making certain services free to access, even if they’re paid for elsewhere, adjusting benefit rates so that at least you ensure the lowest income households are adequately protected, or otherwise you’re looking at, sort of, trying to control costs in other ways such as rent control.”
Why this month’s inflation figure matters for you
Posted onLucy HookerBusiness Reporter Getty Images The cost of living is always important to our finances, but this month what is happening to prices will have a particular extra impact for millions of people. The September inflation figure reflects what has been happening to prices over the past year, and will affect how far your money…
How nervous are investors about the stock market?
Posted onEvery week it seems US financial markets are hit by another bout of fear. The latest worries spread this week from the banking sector in the US, after two regional lenders warned they would be hit by losses from alleged fraud. But before that, markets swooned over signs of rekindled US-China tensions, as the two…
Ben & Jerrys brand could be destroyed, says co-founder
Posted onBen & Jerry’s will be destroyed as a brand if it remains with parent company Magnum, the company’s co-founder Ben Cohen has told the BBC. His remarks are the latest in a long-running spat between the ice cream brand and its parent company over its ability to express its social activism and the continued independence…
