Why Google faces millions in fines from global regulators September 24, 2024 Google is up against the growing wrath of regulators worldwide, as it faces the possibility of millions in fines for alleged anti-competitive practices. According to Bloomberg, the EU is preparing to investigate Google’s conduct in the digital marketplace, including whether it preferences its own services, such as Google Flights and Google Hotels, in search results. [...]
Sally Rooney Intermezzo review: Normal People author’s shift to the male perspective comes at a cost September 19, 2024 Moody men take the spotlight in Sally Rooney's Intermezzo, leaving the women as martyrs in the process, writes Anna Moloney.
FCA chief encourages more risk-taking among firms to boost financial inclusion September 19, 2024 The chief executive of the Financial Conduct Authority has said more risk-taking among firms is needed to push a "step change" in the UK's financial inclusion, which could also boost economic growth.
Replace the NHS with Social Health Insurance says think tank September 19, 2024 The IEA has called for a radical transformation of the NHS, proposing it be replaced with a Social Health Insurance system to improve healthcare outcomes in the UK
Close Brothers to sell asset management arm as motor finance bill looms September 19, 2024 Close Brothers' shares are down by around a third since the Financial Conduct Authority announced in January that it would review whether customers were overcharged via now-banned discretionary commission arrangements on car loans.
Google wins £1.3bn case against EU ruling over ad product September 18, 2024 Google has overturned a nearly €1.5bn (£1.3bn) EU fine related to its AdSense advertising platform in a win for the tech giant following two major fines. The General Court has found “errors” in the European Commission’s 2019 assessment of Google’s advertising contracts with publishers. Europe’s second highest court, based in Luxembourg, has annulled the fine [...]
Fashion brands told to ‘stay on the right side of the law’ amid greenwashing claims September 18, 2024 Some of the most high-profile fashion brands in the UK have been warned to be clearer on their green credentials by the UK competition watchdog as it clamps down on misleading marketing. The Competition and Markets Authority (CMA) has issued a new sustainability compliance guide for retailers and told 17 brands to review their practices. [...]
Footasylum: New flagship Oxford Street store helps profit more than double September 18, 2024 Pre-tax profit more than doubled at footwear and sportswear retailer Footasylum during its latest financial year. The Greater Manchester-headquartered company has reported a profit of £6m for the year to 27 January, 2024 , up from the £2.8m it posted for the prior 12 months. During the year Footasylum opened a flagship 20,000 sq ft Oxford Street [...]
New access to cash rules kick in for UK banks and building societies September 18, 2024 New rules from the UK's financial regulator to ensure access to cash have come into force, handing new powers to local communities and placing stricter requirements on banks looking to close branches.
BT adds EDF UK chair and former top civil servant to its board September 16, 2024 BT has appointed the chairman of EDF UK, who was previously one of the UK’s top civil servants, to its. board. Sir Alex Chisholm has taken up the role of a non-executive director at the telecoms giant. In a statement issued to the London Stock Exchange, BT said the appointment would allow it to capitalise [...]