Fraud-related complaints to the UK’s financial ombudsman have hit their highest level since at least early 2018, adding pressure on payment firms contesting a new mandatory reimbursement scheme. Between April …
Personal Finance
Accsys: Building materials firm hails US launch as revenue shows signs of recovery
Sustainable building materials maker Accsys has officially launched its first operation in the United States in a move it hopes will help it to deliver its “ambitious” production targets, it …
UK investors exit domestic funds in droves after global market rout
The hope of a rally in UK investment was thwarted last month as the number of UK investors selling out of domestic equity funds doubled due to the downturn in …
Columbia Threadneedle property trust bought out for £673m despite management complaints
Columbia Threadneedle-run Balanced Commercial Property Trust has reached a deal to be sold for £673.5m, despite objections from its investment manager. The trust has been managed by Columbia Threadneedle since …
Man United drop clear hint over £2bn, 100,000-seater new stadium
Manchester United have opened talks with the Rugby Football League over a long-term deal to host the Super League Grand Final at Old Trafford – the clearest hint yet that …
Oasis ticket prices are none of the government’s business
Labour’s plans to intervene in the market for Oasis tickets betray a basic ignorance of the principles of supply and demand, says James Price So, Sally can wait – and …
Spending without productivity improvements won’t lead to better public services
Restoring the differentials in public and private sector pay to those which prevailed in 2010 without quid pro quo increases in productivity is simply stirring up trouble for the future, …
Should Larry the cat be worried by Starmer’s new kitten?
Keir Starmer may not have won over business yet, but he’s at least managed a compromise within his own household, with the Prime Minister announcing the addition of a new …
AI and dating apps: a match made in heaven or hell?
Nothing says romance quite like outsourcing your chat-up lines to AI. Ask a chatbot like ChatGPT or Gemini for some inspiration and you receive results like: “Do you have a …
Labour can’t resist flirting with economic populism
Keir Starmer’s closest advisors spent last week briefing journalists that this government would be straight with people, and that it would reject the “fake populism” of the Tories which, they …