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Tougher regulation of bailiffs urged as debt levels rise

Tougher regulation of bailiffs urged as debt levels rise

Image copyright PA A charity has called for tougher regulation of bailiffs, as it calculated that households have fallen behind on essential bills by £18.9bn. Arrears on these bills, such as council tax, have risen by 40% from the £13.5bn owed in 2011-12, Citizens Advice said. Over the same period, the proportion of calls for […]

Is it the end of the 9 to 5 working day?

Is it the end of the 9 to 5 working day?

Image copyright Anna Whitehouse Traditional workplace hours of 9am to 5pm are now only the norm for a minority of workers, research suggests. Just 6% of people in the UK now work such hours, a YouGov survey found. Almost half of people worked flexibly with arrangements such as job sharing or compressed hours, allowing them […]

Trump accuses China of ‘manipulating’ its currency

Trump accuses China of ‘manipulating’ its currency

Image copyright Reuters Image caption Donald Trump sits for an interview with Reuters US President Donald Trump has accused China of manipulating its currency to combat US tariffs. The accusation, made in an interview with Reuters news agency, resembles claims Mr Trump made during his 2016 campaign but had avoided more recently. It comes as […]

House of Fraser warehouse jobs at risk, union says

House of Fraser warehouse jobs at risk, union says

Image copyright House of Fraser Image caption House of Fraser’s website has been taken offline More than 600 jobs are under threat at two House of Fraser warehouses which supply deliveries to stores and customers, a union has warned. The GMB said 627 staff at the two warehouses were told on Friday that they are […]

John McDonnell calls Lehman Brothers reunion ‘sickening’

John McDonnell calls Lehman Brothers reunion ‘sickening’

Image copyright Getty Images Image caption Lehman Brothers collapsed nine years ago on 15 September 2008 A reunion to mark the 10th anniversary of the collapse of Lehman Brothers has been called “sickening” by the shadow chancellor. The failure of the US investment bank in 2008 was a crucial moment in the financial crisis. Mr […]

Countrywide scraps bosses’ £20m bonus package

Countrywide scraps bosses’ £20m bonus package

Image copyright Getty Images Countrywide, the UK’s largest estate agency group, has cancelled plans for a new bonus package for its bosses following an outcry from investors. The package could have paid out a total of £20m to three executives, depending on the firm’s share price performance over the next three years. Shares in Countrywide […]

Energy switch firm in record Dragon deal

Energy switch firm in record Dragon deal

Image caption Will Hodson and Henry de Zoete are pleased with their success The founders of an energy switching service are “delighted” after securing what has been described as the best deal in the history of Dragons’ Den. Henry de Zoete and Will Hodson, co-founders of Look After My Bills, received offers from all five […]

Fashion website Farfetch plans US share float

Fashion website Farfetch plans US share float

Image copyright Pantling Studio Image caption The company has a swanky London headquarters Luxury shopping website Farfetch has announced plans to list its shares on the New York Stock Exchange. The London-based firm, founded in 2008 by Portuguese entrepreneur Jose Neves, sells designer clothing online from firms including Gucci and Burberry. Farfetch said it had […]

Mulberry shares collapse on £3m House of Fraser hit

Mulberry shares collapse on £3m House of Fraser hit

Image copyright Mulberry Shares in luxury handbag maker Mulberry plunged 30% after it said it was setting aside £3m to cover the cost of House of Fraser’s troubles. The company also warned full-year profits could be “materially reduced” if current tough UK trading continued into the second half of the year. Mulberry operates 21 House […]

Jamie Oliver’s ‘jerk rice’ accused of cultural appropriation

Jamie Oliver’s ‘jerk rice’ accused of cultural appropriation

Image copyright Getty Images Jamie Oliver has been accused of cultural appropriation for calling a new product “punchy jerk rice”. The decision to label the microwavable rice “jerk” has been criticised, because the product doesn’t contain many of the ingredients traditionally used in a Jamaican jerk marinade. “I’m just wondering do you know what Jamaican […]

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