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Can plastic-eating funghi help clean up nappy waste?
Posted on“Bio-based polymers, bamboo fibres and organic cotton all come with higher raw material and processing costs than traditional plastics, while the supply chains for these sustainable inputs are still immature, making prices volatile and challenging for mass market brands,” she says.
Thames Water apologises after £145,000 customer bill
Posted onThames Water has apologised to a customer after trying to take £145,000 from his bank account due to a meter reading error by the company. Adam Bainbridge, a teacher from north London, discovered while routinely checking his accounts on Thursday morning that Thames had debited £145,562 from his bank account. His wife Julia told the…
Tax thresholds remain unchanged – heres what it means for your pay
Posted onIncome tax thresholds, which have been frozen under successive chancellors, will stay at current levels until April 2031 as planned. But after that they are expected to start to rise again with inflation. John Healey may not have mentioned the end of this policy in his Budget speech – after all, it is still some…
US adds more jobs than expected in September
Posted onNatalie ShermanBusiness reporter Getty Images The first official data in weeks on the US job market is out, and it showed a surprising pick-up in hiring after a lacklustre summer. Employers added 119,000 jobs in September, more than double what many analysts had expected, but the unemployment rate ticked up from 4.3% to 4.4%, the…
US inflation rises ahead of key interest rate decision
Posted onDanielle KayeBusiness reporter Reuters US inflation rose in August at the fastest pace since the beginning of the year ahead of a key Federal Reserve meeting where it will decide whether to cut or hold interest rates. Consumer prices increased 2.9% in the year to August, up from 2.7% the previous month, according to the…
Covid fraud and error cost taxpayers £10.9bn, report will say
Posted onJosh MartinBusiness reporter Getty Images The report will look at Covid-era programmes like Eat Out to Help Out, which subsidised hospitality bills Covid-19 support programmes cost taxpayers nearly £11bn through fraud and error, a report will say. The Covid Counter Fraud Commissioner Tom Hayhoe will say fraudsters exploited a “golden opportunity” when he shares his…
