Supermarkets repay rates relief after backlash Source link
Business
HSBC share price rockets 50% since its 25-year low
HSBC’s shares dive to lowest level since 1995 Source link
‘Direct debit fraud cost my mum £1,000’
In an email to Money Box, it apologised to Mrs Lind and said she was protected by the Direct Debit Guarantee and so would be refunded. Source link
Apple sells fewer phones but profits rise
Image copyright Getty Images Image caption The new iPhone X started selling in November Apple sold 77.3 million iPhones in the final months of 2017, slightly fewer than during the same period in the prior year. But higher prices compensated for the dip, lifting the firm’s profits in the quarter to more than $20bn (£14bn). […]
Amazon 2017 sales up by nearly a third
Image copyright Getty Images Online retail giant Amazon saw sales jump by nearly a third last year, and said its Alexa digital assistant had “far exceeded” expectations. Full year revenue came in at $177.9bn (£124.6bn), a rise of 31%. Net income – or profit – was $3bn, compared with $2.4bn in 2016. The company’s performance […]
Brexit: Theresa May to fight EU transition residency plan
Image copyright AFP Image caption The prime minister said those arriving after Brexit would have a different set of expectations Theresa May has indicated she will fight a proposal to give residency rights to EU citizens during the transition period after Brexit. She said there had to be a difference between those arriving after the […]
Thousands face fine for late tax returns
Image copyright Getty Images A total of 746,000 people missed the deadline to file their self-assessment tax return, risking a fine of £100. Some 11.4 million people, primarily those with more than one source of income and the self-employed, were required to complete returns. The deadline for those filling in paper forms was the end […]
Birds Eye fish finger ad withdrawn over water safety fears
Image copyright Birds Eye Image caption Birds Eye said it immediately removed the advert when it was made aware of the issue Frozen food giant Birds Eye has pulled a fish finger advert over concerns raised by County Durham safety campaigners. The TV advert featured a man and boy jumping into the sea with a […]
Morrisons axes 1,500 middle managers
Image copyright Reuters Morrisons, the UK’s fourth-biggest supermarket chain, is to cut 1,500 middle management jobs. Workers at threat of redundancy will be encouraged to apply for 800 existing management vacancies, the BBC understands. At the same time, Morrisons will create 1,700 more junior, customer-facing roles. The move follows announcements of job losses by Sainsbury’s […]
More Brits become millionaires
Image copyright Getty Images The number of British households that could consider themselves as millionaires rose by nearly a third in two years, official figures show. A total of 3.6 million households in Britain held wealth of more than £1m by June 2016, up 29% in two years, the Office for National Statistics said. Wealth […]
Budget 2017: Tax on takeaway boxes to be considered
Image copyright Getty Images A tax on takeaway boxes is to be considered in a bid to tackle the problem of plastic waste. In Wednesday’s Budget, Chancellor Philip Hammond is expected to call for evidence on whether a tax on the use of the most environmentally damaging single-use plastics would help. Single-use plastics include packaging, […]
Budget 2017: Double Budget effect on your finances
Image copyright Getty Images Two Budgets in one year means the prospect of significant upheaval for your finances – adding to changes we already know about. Chancellor Philip Hammond will probably want his sequel to be less dramatic in political terms than his March Budget. Previous Budgets and government policy mean we need not wait […]