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US to cut tariffs on Taiwanese goods after investment pledge
Posted onNatalie Sherman,Business reporterand Lily Jamali,North America Technology correspondent Bloomberg via Getty Images The US has been pushing to build up its semiconductor industry The US said it had agreed to cut the tariffs it charges on goods from Taiwan to 15%, in exchange for hundreds of billions of dollars in investment aimed at boosting domestic…
Six of Sarah Fergusons companies are being dissolved
Posted onFerguson is listed as an active director for three other businesses registered with Companies House: Ginger and Moss, set up as a lifestyle brand to sell tea, jewellery and housewares, a “motion picture production activities” business called Coat, and Librasol, classified under “artistic creation” on the official register for private companies.
Redcar Area Foodbank running reverse advent calendar
Posted onRedcar Area Foodbank Every day the foodbank reveals an item it wants people to donate A foodbank is asking for donations ahead of Christmas through a reverse advent calendar. Tracy Gibson from the Redcar Area Foodbank said it was “always busy at this time of year” and the advent calendar allowed people to give something…
Car finance scandal: Payouts of £700 per driver under compensation plans
Posted onMillions of victims of car finance mis-selling could receive less compensation than previously estimated, under plans from the regulator. The Financial Conduct Authority (FCA) said payouts could result from 14 million motor finance agreements between April 2007 and November 2024. The regulator previously suggested motorists could receive less than £950 per deal, but it now…
The Swiss city that lets you pay for most things with bitcoin
Posted onJohn LaurensonBusiness reporter, Lugano, Switzerland AFP via Getty Images Shops and restaurants across the Swiss city of Lugano now accept bitcoin In a McDonald’s by a lake surrounded by mountains, in the centre of the Swiss city of Lugano, a customer orders coffee. “Can I pay with bitcoin?” he asks, and the person behind the…
