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Universal theme park sparks ‘fear of losing homes’ in Bedford
Posted onHelen Mulroy BBC News, Bedfordshire Reporting fromKempston Hardwick BBC A charity said it was concerned about the impact thousands of new workers would have on a town’s property market A charity warned building Europe’s first Universal theme park would put people at risk of losing their homes. Prime Minister Sir Kier Starmer confirmed in April…
From oil giants to banks: The companies making billions from the Iran war
Posted onUS giants ExxonMobil and Chevron saw their earnings fall compared with the same period last year, due to supply disruption from the Middle East, but both beat analysts’ forecasts and expect their profits to grow further as the year goes on, with the price of oil still significantly higher than when the war broke out.
What the interest rates cut means for mortgages, pensions and savings
Posted onRachel Clun Business reporter, BBC News Getty Images Changes to the Bank of England’s base rate can affect mortgage and savings rates The Bank of England has cut UK interest rates from 4.25% to 4%, the lowest level since March 2023. The Bank of England interest rate can affect mortgage rates and interest rates on…
EU reaches South America trade deal after 25 years of talks
Posted onThe EU has reached a free trade agreement with Brazil, Argentina, Paraguay and Uruguay, 25 years after talks began and despite opposition from farmers in several European countries. The deal with the Mercosur trading bloc will require the approval of the European parliament within the next few months Brazil’s President Luiz Inacio Lula da Silva…
Car brake pads to change under new rules to curb pollution
Posted onChristine Ro Technology Reporter Getty Images Brake dust and tyre wear are significant sources of pollutants Garage owner Kevan Gibbons has noticed many changes in his 45 years in the motor trade. Cars are much bigger than when he started out. Driving styles have changed too, with more frequent stopping. All that starting and stopping,…
