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Energy price cap to change as winter beds in
Kevin PeacheyCost of living correspondent Getty Images Regulator Ofgem will announce the next energy price cap later on Friday, with prices for millions of households expected to fall slightly at the height of winter. Gas and electricity bills remain relatively high, and the sudden drop in temperature has brought the costs to the forefront of…
Rogue builder spent Flintshire couples £30k in Lanzarote
A heartbroken couple lost more than £30,000 to a rogue builder who left their new extension unfinished, with water pouring into their home. Alarms bells had been raised earlier when Shelley Sawkins, 75, called the tradesman, and realised he was in Lanzarote spending money she had given him. The builder, Christian Williams, 54, is currently…
Watch: Is there an AI stock market bubble, and is it ready to burst?
Despite the Iran war, rising inflation and worries about rising government debt, US stock markets continue to hit all-time highs this year. That’s largely driven by the huge boom in investment in Artificial Intelligence. The apparent mismatch between sky high stock market valuations and the real economy is beginning to set off some alarm bells…
How Saudi Arabias spending spree reached the end of the line
“The thinking now is to basically get small wins, small successes here and there, instead of these mega projects,” says Abdullah. “Like, for example, the Red Sea island resort of Sindalah could be one small win that they can promote, which is basically a very traditional style of resort, which can still be presented as…
Spirit Airlines shutting down after rescue talks collapse
The earlier plan, which would have seen the US government take effective ownership of as much as 90% of the airline, faced stiff opposition from Wall Street, Capitol Hill and even a member of Trump’s own cabinet. Transportation Secretary Sean Duffy told Reuters a rescue would amount to tossing “good money after bad”.
