Wednesday, 24 April 2019
Breaking News

Business

Old £1 coins will be worthless in a week

LONDON: Old £1 coins will no longer be accepted to make purchases after 15 October. The new-look 12-sided quid will be the only valid £1 coin from next Sunday so any old £1 coins lying around in sofas or piggy banks around the UK need to be spent before then. ...

Read More »

Netflix is raising prices again

NEW YORK: Netflix said that it’s raising the prices of its US-based streaming plans – a move that could disappoint some fans even as it helps support the costly original programming that’s made the service so popular in recent years. The cost of the streaming video giant’s basic plan, at $8 a month, ...

Read More »

Standard Chartered under probe

LONDON: Financial watchdogs in Europe and Asia are investigating Standard Chartered Plc over the transfer of US$1.4 billion (S$1.91 billion) of private bank client assets from Guernsey to Singapore ahead of new tax transparency rules, according to a source familiar with the matter. The Monetary Authority of Singapore (MAS) and ...

Read More »

Food safety probe extends to Scunthorpe chicken factory

BRADFORD: The Food Standards Agency (FSA) has extended its investigation into alleged safety failures by the 2 Sisters poultry group to the company’s Scunthorpe factory on the Foxhills Industrial Estate. The move follows an initial inspection by the FSA into the hygiene and labelling concerns raised by an undercover investigation ...

Read More »

Map reveals dire extent of London’s toxic air

LONDON: Air quality is dangerously poor in every London borough, with all 8.6 million people living in the capital exposed to toxic levels of pollution, a new map shows today. More than nine in ten Londoners live in areas where superfine PM2.5 particles exceed World Health Organization guidelines by more ...

Read More »

UK house prices hit their highest on record

LONDON: The average UK house price hit £225,109 in September – its highest on record, according to a closely-watched survey. Halifax’s house price index showed prices grew at their fastest rate since February in the three months to September, rising 1.4 per cent on the previous three months. On an ...

Read More »

Toilet roll maker wiped off the market with temporary suspension

MANCHESTER: Toilet roll maker Accrol has suspended its shares on London’s junior market while the board considers the impact of a “challenging” trading period on the company’s net debt position. Tough conditions are having a significant effect on the trading performance of the company for the 2018 financial year, Accrol ...

Read More »

Thomas Cook pilots call off pay row strikes

LONDON: Pilots working for the travel group Thomas Cook have called off eight days of strikes that had been planned this month, the Balpa union has said. The strikes were cancelled after the two sides agreed to enter binding arbitration to resolve a pay dispute. It means that a strike ...

Read More »

RAF jets escort Ryanair flight to Stansted airport after security alert

BEDFORDSHIRE: A Ryanair passenger jet was escorted into Stansted airport by two RAF fighter jets after a suspected hoax security alert. Flights were temporarily grounded at the hub as the plane was redirected from its route between Kaunas in Lithuania and Luton airport in Bedfordshire. Essex police took over the ...

Read More »