Similar Posts
ECB holds interest rates at 2%
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The European Central Bank has left its benchmark interest rate unchanged at 2 per cent for the fourth meeting in a row but raised its growth forecast for the Eurozone. Thursday’s rate decision was in…
Home Office ‘squandered billions’ on asylum accommodation, MPs say
The Home Office has “squandered” billions of pounds of taxpayers’ money on asylum accommodation, according to a report by a committee of MPs. The Home Affairs Committee said “flawed contracts” and “incompetent delivery” left the department unable to cope with a surge in demand and it relied on hotels as “go-to solutions” instead of temporary…
Virgin Media fined after hanging up on customers trying to cancel contracts
Ofcom received complaints from 1,881 customers who reported difficulties cancelling. It added that some customers resorted to having to cancel their direct debits, which led to further difficulties such as missed payments impacting their credit score. Black said Ofcom had introduced “further safeguards to prevent this from happening again”, including its “One Touch Switch” process…
Stoke takeaway owner delivers 1,000 presents to children in need
A takeaway owner has delivered a thousand presents to children across his city this Christmas. Arfan Mohammed, the owner of Sizzlers Fastfood, has donated a pound from every order to buy presents for children who might otherwise not receive one on Christmas Day. Pupils at Our Lady and St Benedict Academy are some of the…
Comac: The Chinese planemaker taking on Boeing and Airbus
“In the future we welcome all newcomers. We are keen to see more competition. Comac has got its certification process to go through and at some point in the 2030s, we see that it will be an offering that would be attractive to ourselves and other carriers,” Mike Szucs, chief executive of low-cost Philippines carrier…
