Petrol stations have come under fire after overcharging UK motorists by a staggering £1.6 billion last year, according to the Competition and Markets Authority (CMA). The regulator’s findings reveal that fuel margins – the difference between the wholesale cost and the pump price – have remained significantly above pre-pandemic levels.Continue Reading
The Labour Government will not “duck difficult decisions” in its budget, Wes Streeting said amid concerns over a black hole in the public finances of around £20 billion. The Health Secretary said “tough choices” were required ahead of an expected update from Chancellor Rachel Reeves on a spending audit sheContinue Reading
In the vast world of online gambling, Slot88 has carved out a prominent niche as a premier destination for slot game enthusiasts. With its user-friendly interface, diverse game selection, and enticing bonuses, Slot88 offers an unparalleled gaming experience for both novice and seasoned players. A User-Centric Experience At the coreContinue Reading
The FTSE 100 finished on a high on Thursday after initially slipping to a three-month low earlier in the day. The blue-chip index rose 33 points to end the day on 8,186, a 0.4% increase. It recouped losses from early trading, after the index fell in the morning with moreContinue Reading
Private equity firm Apollo Global Management has said it is buying British parcel delivery firm Evri in a £2.7 billion deal. Apollo is set to buy Evri from Advent International, the private equity firm which bought the company, then the UK operations of the Hermes delivery group, for one billionContinue Reading
Many car manufacturers would “struggle to comply” if Labour enacts its pledge to reinstate the 2030 ban on new petrol and diesel cars without flexibilities, a senior automotive industry figure has warned. Mike Hawes, chief executive of trade body the Society of Motor Manufacturers and Traders (SMMT), suggested the GovernmentContinue Reading
Cybersecurity firm CrowdStrike is facing new criticism after offering a ten dollar UberEats voucher as an apology for the major global IT outage last week which grounded flights and cancelled medical appointments. A flawed software update from the company impacted around 8.5 million Windows computers worldwide last Friday, bringing businessesContinue Reading
The financial technology powerhouse Revolut has finally obtained a long-anticipated banking licence from the Bank of England’s Prudential Regulation Authority (PRA), enhancing its capability to compete with traditional high street banks and providing improved consumer protections for millions of UK customers. Revolut’s pursuit of this licence spanned three years, significantlyContinue Reading
Revolut has secured a UK banking licence, marking the end of the fintech giant’s three-year wait for approval to operate as a bank in its home market. A licence means the company will be able to hold customer deposits, and offer lending products like credit cards, personal loans, or mortgages. TheContinue Reading
Lloyds has revealed its earnings dipped this year as the banking giant generated less income despite borrowing costs remaining higher. The banking group, which also includes Halifax and Bank of Scotland, said it made a pre-tax profit of £3.3 billion in the first six months of the year. This marksContinue Reading
