EU leaders grapple with bank risks as economy weakens
European Union leaders are gauging the risk of a banking crisis developing from recent global financial turmoil and hitting an already weak economy.
Business
In Your Debt: Doing the bare minimum with debt can cost you
When you have credit card debt, the easiest way to deal with it is to diligently make monthly payments of at least the minimum amount due, and more if your budget allows.
Deutsche Bank and UBS shares hit as banking fears keep tight grip
German giant Deutsche Bank fell for a third day, sinking more than 8 per cent
Bank of England boss urges firms to hold back price rises or risk higher rates
Andrew Bailey says interest rates will have to rise again unless inflation fallsThe Bank of England governor, Andrew Bailey, has called on businesses to hold back price rises, telling them that interest rates will need to rise again unless inflation fa…
‘Tours are no longer fun’: Neil Young lambasts Ticketmaster for ripping off fans
Singer-songwriter says ‘the old days are gone’ amid wider consternation at ticketing company’s pricing policiesNeil Young has lambasted Ticketmaster over its concert ticketing policies, saying “concert tours are no longer fun” due to what he sees as ex…
Economy on track for return to growth as retail sales in Great Britain rise
Service sector companies attract new business amid rising confidence and resilient consumer demandBritain’s economy is on track for a return to growth in the first three months of the year after a jump in retail sales and signs of sustained activity in…
Only 1% of £1.1bn lost in Covid business scheme recovered, report finds
National Audit Office urges ministers to learn lessons of losses in England resulting from fraud and errorJust 1% of the estimated £1.1bn lost from the government’s Covid business support programme in England as a result of fraud and error has been rec…
UK households ‘spent 12% more on essentials in February than year earlier’
Almost four in 10 people have to use credit cards to cover such costs, says NationwideInflation and rising bills mean UK households are spending 12% more on essentials than they were a year ago, with almost four in 10 people having to use credit cards …
Tom Brady becomes minority owner of WNBA’s Las Vegas Aces
The Las Vegas Aces announced Thursday that seven-time Super Bowl champion quarterback Tom Brady has acquired an ownership stake in the WNBA champions.
Man suspected of being crypto fugitive Do Kwon arrested in Montenegro
South Korean CEO of Terraform Labs is accused of multi-billion-dollar fraud involving TerraUSD and Luna currenciesA man suspected of being the fugitive South Korean cryptocurrency entrepreneur Do Kwon, accused of orchestrating a multi-billion-dollar fr…