General News
FSB calls on home secretary to help riot-affected SMEs
Small business group the National Federation of Small Business implored home secretary Yvette Cooper to help facilitate fair treatment of small and medium-sized enterprises by the insurance industry in the wake of rioting that has swept Britain in the last ten days.
Global IT systems crash after CrowdStrike update hits Microsoft
Thousands of businesses around the world were thrown into disarray on Friday after a software update from cybersecurity firm CrowdStrike led to Microsoft-run system crashes at airlines, banks, hospitals, media outlets and retailers.
Modi loses majority in India election, but will still form govt
Narendra Modi’s ruling Bharatiya Janata Party has lost its parliamentary majority in India's general election, leaving the prime minister to negotiate with regional coalition partners in order to form a government.
Election landslide looks unlikely for India's Modi; Shares fall 6%
India’s nationalist prime minister Narendra Modi looked set to win a third term in government, but early poll results suggested the expected landslide victory may not materialise.
London's Evening Standard to close daily print edition, launch weekly
The owners of London’s Evening Standard newspaper have said they will close its daily newspaper and replace it with a weekly outlet, after almost 200 years of publication, citing competition from online news sources and lower commuter traffic.
Thames Water in crisis as investors pull £500m bailout
Struggling UK utility Thames Water faced a funding crisis on Thursday as shareholders pulled a £500m bailout after regulators refused its demands to hit customers with massive price hikes, greater leniency for polluting waterways and pay out higher dividends, while its parent company also admitted it couldn't pay back a £190m loan.
Key US port of Baltimore blocked after cargo ship collapses bridge
Trade at the vital US port of Baltimore has come to a standstill after a container cargo ship hit and collapsed a large section of the Francis Scott Key Bridge.
CBI settles case with Tony Danker
The Confederation of British Industry has reached a settlement in relation to legal action brought about by former director-general Tony Danker, who was fired in 2023 following allegations regarding his conduct.
US, UK launch airstrikes against Houthi rebels in Yemen
America and Britain have launched strikes against targets connected to Houthi militants in Yemen in retaliation for attacks on commercial shipping in the Red Sea, US President Joe Biden said early Friday.
UK FCA starts probe into potential motor finance loan misconduct
UK regulators have paused claims against the motor finance industry over high-cost loans amid concerns they are being wrongly rejected.
Heathrow passenger numbers surge in 2023
Heathrow passenger numbers surged 29% in 2023, hitting 79. 2m for the year.
Sunak sees election 'in second half of 2024'
UK Prime Minister Rishi Sunak said he expects a general election to take place in the second half of next year after weeks of speculation that he would call an early poll in May.
Fifa, Uefa found to be ‘abusing position’ on Football super league
Football's world and European governing bodies have been accused of "unlawful" rules that stopped clubs from forming a breakaway "Super League", in a court ruling released on Thursday.
UK's Prince Harry wins damages from Daily Mirror over phone hacking
Britain's Prince Harry on Friday won a substantial part of his phone-hacking case against the Reach-owned Daily Mirror tabloid newspaper and other titles.
UK rail station caterers 'charging 10% premium' for food - ORR
Britain's railway station catering market is uncompetitive, stifling investment in stations and forcing passengers to at least 10% more for their sausage rolls and coffees, the industry regulator said on Tuesday.
Sir Jim Ratcliffe to take £1.25bn Man United stake
Manchester United and billionaire Sir Jim Ratcliffe are set to confirm a £1. 25 billion deal next week, it was reported on Monday, with Ratcliffe set to take a 25% stake in the football club.