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Pay-Per-Mile Tax Could Start Soon in the UK
It may not be so long when British motorists finally have to pay per mile for driving. Proposals are already underway for a new tax, likely to replace the existing Vehicle Excise Duty, to amicably even the playing field between electric and cars running on petrol or diesel. The “inescapable policy” is gaining lots of […] More
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Fiat’s New Affordable Electric Car: The Grande Panda
Fiat introduces a new electric car, the Grande Panda, due in 2025. The electric and hybrid versions are available, while the appearance makes for a bigger and more modern Panda. Priced less than £22,000, it brings in a dose of retro style with loads of modern tech to become functional for families and city drivers. […] More
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M25 Weekend Closure: Expect Busy Roads
A stretch of the M25 will be closed this weekend from Friday night to Monday morning for roadworks. The disruption could be much worse than usual as thousands of football fans will be traveling to watch the final of Euro 2024. Drivers are being advised to plan their route and be prepared for solid traffic […] More
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Unilever Plans to Cut Thousands of Office Jobs to Improve Performance
Unilever, the owner of the brands Marmite and Dove, will cut 3,200 office jobs across Europe as part of an effort to become a simpler, more tightly run company. The move is part of a bigger fight to enhance performance and trim 7,500 posts globally. These reductions will largely cover office staff at the company […] More
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JPMorgan’s Record Profit Boosted by Investment Banking
JPMorgan Chase completed report profits inside the 2nd quarter, driven by way of a surge in funding banking sports, deal-making, and capital markets. Despite the amazing consequences, CEO Jamie Dimon stays careful approximately the financial outlook, citing ability dangers from geopolitical changes and high inflation. The bank’s ordinary sturdy performance reflects its resilience and flexibility […] More
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SoftBank Buys UK AI Chipmaker Graphcore
Japanese Conglomerate SoftBank is acquiring UK chip firm Graphcore for $600m. The latter, even with impressive technology, has been facing financial struggles. SoftBank’s acquisition would serve to enhance such tech for Artificial Intelligence and compete with other giants like Nvidia. The acquisition could make AI infrastructure more efficient and competitive. Japan’s SoftBank owns CPU designer […] More
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EU Warns X of Big Fines for Misleading Blue-Tick System
The EU has reportedly warned Elon Musk’s platform X this week that it risks facing heavy fines due to the ‘misleading’ blue-tick system. Preliminary findings indicate X has breached the Digital Services Act—with findings of deceiving users, withholding data provision to researchers, apart from having a bad ad library. If confirmed, these could include up […] More
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How Warren Buffett Uses the Stock Market to Choose His Daily McDonald’s Breakfast
Investor Warren Buffett is renowned for his success, and his eight-decade career has sparked curiosity about the secrets behind it. Interestingly, the stock market influences his daily McDonald’s breakfast routine. How does that work, and is it tied to his success? Let’s delve into this intriguing detail. The Daily McDonald’s RitualBuffett makes a daily stop […] More
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Money Markets Increase Bets on Sooner US Interest Rate Cuts
Money markets are now anticipating that the Federal Reserve will start cutting interest rates in September, following a continued slowdown in US inflation. Traders are factoring in a quarter of a percentage point reduction at the Fed’s September meeting after the consumer price index dropped from 3.3% to 3% in June, a sharper decline than […] More
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Payment Problems for Visa and Mastercard Users Due to Technical Issues
There were reported problems with bills with the aid of Visa and Mastercard customers following a technical fault. Both businesses are presently operating to set up the reason of the fault, although their systems reputedly appear high-quality. Problems on the end of Visa and Mastercard mean human beings inside the UK can’t pay. Many users […] More
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