There is a plan underway by the UK to increase the windfall taxes of oil and gas profits from 75% to 78% in the white paper proposed by Chancellor Rishi Sunak. The energy sector shows palpable fear that such a move could plummet more than 200,000 jobs and a decline in investment in both traditional …
A huge 2,492 carat—the biggest in more than a hundred years—diamond has been found in a Botswana Karowe Mine. The exact price is unknown, but a similar gem from 2016 sold for $63 million. The historic find in Botswana has really stirred the globe and is expected to make a big splash. Something very amazing …
Even though summer isn't over yet, John Lewis is already sharing its top toy picks for Christmas 2024. From a deluxe wooden kitchen to a fun pretend record player, the retailer's list includes exciting options to make this holiday season very special for both youngsters and families. Here's a sneak peek at some on-trend toys …
Last year, the online fashion retailer Shein asserted that it had found instances of child labor and minimum wage violations in its supply chain. Now, with the company considering a £50 billion listing on the London Stock Exchange, activists are calling on the UK government to stop it in its tracks out of fear for …
It's an exciting buzz going on in stock markets across the world, as they eagerly await a key speech to be delivered by Jerome Powell, the big boss of the US Federal Reserve. Investors around the globe hope that he will signal or announce an interest rate cut to save the day for the economy. …
Starbucks' new CEO is going to be compensated with up to 1,000 miles a day just for commuting to work in an aircraft while living in California and at the corporate base in Seattle. His first year could see him earning up to $100 million, which critics say might run counter to Starbucks' green goals …
Sir Keir Starmer would save the HS2 rail routes that were previously cut last year when he steps into office. Officially announced on Tuesday, the report showed a major £1.5 billion investment for connection to the rail network, including links from Birmingham to Manchester and Leeds. The announcement correlates with Labour planning to reconsider its …
The UK health regulator rejected a new Alzheimer's drug despite it having passed an examination by the Medicines and Healthcare products Regulatory Agency. The National Institute for Health and Care Excellence announced that it was too expensive and had too little benefit to gain usage on the NHS against the backdrop of its success in …
People in the UK are becoming more positive about their own finances but are getting increasingly worried about the state of the national economy. Falling inflation, lower interest rates, and a stable government have brightened the outlook of people's personal finances. At the same time, there is still pessimism regarding the economy as a whole, …
Energy bills are set to rise in October for households in Great Britain, as Ofgem, the energy regulator, increases its price cap by 10%. That means more of households' money is leaving their wallets and going to gas and electricity. Under the regulator's plans, the average annual energy bill will go up to £1,717—£149 from …
Summary: Glasgow City Council has approved planning permission for a striking new 36-floor student tower to be called "The Ard," the second tallest building in the city. This mammoth project will help in the transformation of the old Portcullis House site to develop modern student residence housing along with a range of amenities. Boosting student …
The surprise shivered its way through after an EasyJet flight, back to London Gatwick from Corfu, was forced to make an emergency landing in Rome following the turbulence that left two of the cabin crew injured. The pilots opted to divert the flight. This showcases how unpredictable traveling by air can be and the importance …
HSBC is alerting customers about a serious scam in which fraudsters con people into being "money mules." They promise quick cash to victims who become unwitting criminals. In this apparently innocuous act, transferring money can result in a criminal record or even 14 years behind bars. So be on your guard and protect yourself! Imagine …
A community-run pub in Marple Bridge, Stockport, which at one time faced closure, has now been crowned the best pub in the North West by CAMRA. The triumph is an illustration of a remarkable turnaround for the popular pub with its hardworking staff and strong community behind it. The Northumberland Arms community-run pub, located in …
