From airlines to banks, what global firms in Israel are doing amid conflict
Global companies have temporarily shut some operations in Israel and have asked employees to work from home.
money
Bank of England flags concerns over longer mortgages and rise in credit card use
UK central bank’s financial policy committee says borrowing trends could lead to debt troubles in near future and longer termConsumers are taking longer mortgages and spending more on credit cards in an attempt to adapt to higher interest rates and liv…
Britons cut back on eating out and takeaways to save for festive splurge
Credit card spending figures show shift towards saving as retailers report dip in visitsCash-strapped Britons are cutting back on eating out and reining in on buying takeaways to save up for the expensive Christmas season splurge.The amount spent on go…
UK users of illicit streaming services warned of risk of fraud or police visit
Campaign launched to raise awareness about exposure to ‘sophisticated criminal networks’People in the UK who illegally stream movies, sport and TV shows online are being warned they risk having their bank accounts emptied or their identities stolen.A m…
Buyer’s market fuels fastest fall in UK house prices in 14 years
High mortgage costs result in sixth straight month of sellers being forced to reduce prices, says HalifaxBusiness live – latest updatesUK house prices fell at the fastest annual rate in 14 years in September, as high mortgage costs fuelled a sixth cons…
New King Charles coins unveiled at Royal Australian Mint in Canberra
Updated $1 coins with effigy of King will start circulating in Australia before Christmas with other denominations to be rolled out in 2024After more than 70 years Australia’s currency is getting a facelift, with images of King Charles III to appear on…
Supply shortages and mortgage rate rises push UK rents to highest point ever
Average rental property receives three times more enquiries from prospective tenants than in 2019Business live – latest updatesPrivate home rents in Great Britain have increased to their highest point on record after shortages in supply and mortgage ra…
Holiday pay ruling ‘entitles many UK workers to thousands in unfairly deducted wages’
Unison says decision affects other types of employee payments and is ‘victory for underpaid workers’Many UK workers could be entitled to thousands of pounds “unfairly” deducted from their pay after a supreme court decision, according to unions.The judg…
Bond market sell-off sends UK long-term borrowing cost to 25-year high
Rate tops level last seen after Liz Truss mini-budget as fears of global inflation and US political instability spook marketsBusiness live – latest updatesBritain’s long-term cost of borrowing has hit its highest level since 1998, as political instabil…
UK cost of diesel soars as RAC says petrol is ‘overpriced by about 7p a litre’
Diesel up by more than 8p to 163p in September and petrol by 4.5p to 152p amid global oil production cutsThe price of diesel in the UK has shot up at one of its fastest rates in more than 20 years – while retailers have been accused of charging “unjust…