UK set to face ‘sluggish’ growth in the face of sticky inflation and Bank of England interest rate hikes
New powers that could see cold call firms fined up to £500,000 come into force September 8, 2018 Companies cold-calling customers without their consent could be fined £500,000 from today as new measures come into force. Previously consumers had to opt-out of receiving calls by registering with the free Telephone Preference Service or withdraw their consent during the call. But the new powers will put the onus on the callers to make sure [...]
Mother and child ‘amazingly’ survive Tube platform fall by hiding in pit under track September 8, 2018 A mother and child were “extremely fortunate” to survive after falling onto a Tube track seconds before a train arrived at Baker Street last night. British Transport Police (BTP) said the woman was pushing her child in a buggy along the platform just before 10.15pm last night when she accidentally pushed the wheels over the platform [...]
Trump ‘ready to go’ with another $267bn of tariffs as China’s trade surplus with US hits record high September 8, 2018 China's trade surplus with the US has widened to a record high as President Donald Trump says he is “ready to go” with another $267bn in tariffs. China's surplus with the world's largest economy hit $31bn in August, up from $28bn the previous month and beating the record set in June, despite China's export growth [...]
Ryanair cabin crew unions threaten more strikes later this month September 7, 2018 Unions representing Ryanair staff across Europe have threatened to strike later this month unless the airline agrees to change working conditions. Seven unions representing mostly cabin crew in Italy, Belgium, Portugal, Spain and the Netherlands said they would make a decision on whether to strike by 13 September – after meeting in Rome on Friday [...]
FTSE 100 drops below 7,300 points for first time in five months as pound grows September 7, 2018 The FTSE 100 has dropped below 7,300 points for the first time in nearly five months as the pound continued to grow and global uncertainty caused investors to halt activity. The index dropped to a low of 7,227 points this afternoon before gaining slightly towards 7,270. Markets across Europe have all fallen today but the [...]
BA promises customer compensation after data breach as Monzo issues 1,300 replacement cards September 7, 2018 Customers financially impacted by a British Airways data breach will be “100 per cent compensated”, the company's chief executive has said today. BA boss Alex Cruz promised full compensation for any customers who lose money as a result of the breach, which saw personal and financial details compromised. He called the hack a "sophisticated, malicious [...]
Russian threat is ‘real and active’, head of GCHQ warns September 7, 2018 The threat from Russia is “real and active” but will be countered by Britain and its allies, the head of GCHQ has said. Jeremy Fleming, director of the government's cyber intelligence agency, said an international partnership of allies was ready to reject the Kremlin's “brazen” determination to undermine international law. His comments came after France, [...]
Playtech sells entire stake in online trading group Plus500 for £176m September 7, 2018 Playtech has sold its entire 10 per cent stake in online trading platform Plus500 for approximately £176m. The gambling software manufacturer said it sold 11.4m shares at 1,550p each in the retail investor platform. Read more: Playtech profits fall due to "disappointing" Asian markets The company said the move would not impact its entitlement to the [...]