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The concept of “buy now, pay later” has exploded in popularity in recent years. Americans have been using this form of lending — in which the cost of a purchase is typically divided into four payments over several weeks or months — to buy everything …
An anonymous reader quotes a report from Reuters: El Salvador’s President Nayib Bukele said on Thursday he will send to the country’s Congress next week a bill to eliminate all taxes on technology innovations as well as computing and communications har…
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 …
Energy regulator plans to tackle manoeuvre that has brought in millions of extra pounds for generatorsThe energy regulator Ofgem is preparing to crack down on UK power firms to prevent them “manipulating” the market with a manoeuvre that has bolstered …
PM’s tax bill would have been higher had top capital gains rate not been cut by ToriesRishi Sunak has saved more than £300,000 in tax thanks to a cut he voted for in 2016, according to an analysis of his tax records.The prime minister has paid just ove…
How the new base rate of 4.25% might affect mortgages, house prices and credit cardsBusiness live – latest updatesBank of England raises interest rates to 4.25%The Bank of England has yet again raised interest rates, this time by 0.25 percentage points…
Care England says there is ‘no justification for charging such financially crippling rates’ A third of care homes across England have considered closing during the last year due to “financially crippling” running costs, as concerns rise that gas suppli…
From low-fat milk to sugar, energy bills to clothing, how costs have soaredLive coverage: Inflation jumps as cost of living crisis intensifiesUK inflation rate in surprise rise to 10.4%Inflation calculator: find out how much price rises affect youThe U…
After a years-long wait, Apple Pay today launched in South Korea, allowing those living in the country to use Apple’s payment system to make contactless payments using the iPhone or Apple Watch. MacRumors reports: Apple has been working to bring Apple …
Ofwat says new powers will be used if firms fail to reach performance and environmental goalsThe UK water regulator is to use new powers to block companies from shareholder payouts if they fail to hit performance and environmental targets.Ofwat, which …