73 minutes ago Volkswagen fined £5.4m for mistreating customers; UK interest rates ‘to fall to 2.75%’ next year – business live

Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of its failings.Volkswagen Financial Services has apologised for the failings identified by the FCA, saying (via Reuters):“We are in the process of concluding our remediation efforts as we continue to provide goodwill payments to affected customers and apologise for any detriment caused.” Continue reading...

Economics

79 minutes ago Is this Britain's most dangerous junction? Drivers slam misleading road signs behind 13 crashes in just six weeks

The junction along the A521 in Cheadle has seen cars flip in the air, collide with lorries and cause nearly £200,000 of damage over the last two months.

Events

84 minutes ago What are the odds of witnessing the presence of a deceased spouse? – datablog

There’s not much research on death, but one study asked widows and widowers about experiencing their late partner’s presenceIf you’ve recently seen a ghost, you could be in line for $100,000 – just so long as you caught your supernatural sighting on a Ring camera. With Halloween around the corner, the home surveillance company is offering a hefty sum to anyone who can capture footage of paranormal activity, with a Ghostbusters actor, Finn Wolfhard, helping to choose the winner.But while Ring’s competition might be a PR stunt, ghostly experiences can feel very real, especially for those who are grieving. Continue reading...

Politics

84 minutes ago Racing world 'shattered' by sudden death of top jockey with more than 1,000 wins

Johnathan Parkes, 35, was one of the most successful riders in New Zealand where his victories included 62 in Black Type races of which 12 were at Group 1 level

Events

89 minutes ago Despair in Chad camps as violence and hunger in Sudan drive 25,000 across border in a week

Warning of ‘lost generation’ in Adré and Farchana camps as Sudan’s civil war drives huge numbers across borderWhat caused the civil war in Sudan and how has it become one of the world’s worst humanitarian crises?Refugees and aid agencies have warned of deteriorating conditions in overcrowded and severely underfunded camps in Chad, as intensifying violence and a hunger crisis in Sudan drive huge numbers across the border.About 25,000 people – the vast majority women and children – crossed into eastern Chad in the first week of October, a record number for a single week in 2024. Chad, one of the world’s poorest countries, hosts 681,944 Sudanese refugees – the highest number globally. Continue reading...

Events

1 hour ago EasyJet offering salaries up to 170k in pilot recruitment battle at Gatwick

Airlines, including British Airways, are offering competitive wages amid air travel staff shortages

Events

2 hours ago Volkswagen Finance fined £5.4m after taking cars away from vulnerable people

The motor finance firm will also pay compensation to about 110,000 affected customers.

Economics

2 hours ago Freeze on £12,570 personal tax allowance threshold could be extended at Autumn Budget

The freeze on the Personal Allowance is due to end in 2028.

Economics

2 hours ago Liam Payne petition calling for new laws after singer's death passes 24,000 signatures

A light has been shone on the mental health pressures put on young celebrities

Events

2 hours ago Major high street chain to close all 800 branches for three days over Christmas period

It made the announcement as it launched a recruitment drive to take on more than 1,000 extra staff for temporary seasonal roles in 2024

Politics