PA Media All eyes were on outgoing Post Office chief executive Nick Read this week as he spent three days in front of the inquiry into the Horizon IT scandal. Mr Read replaced former boss Paula Vennels in 2019 and was brought in to “right the wrongs of the past”. Wrongful prosecutions may have stopped,…
Getty Images Boeing will axe its workforce by a tenth – cutting 17,000 jobs – and delay production as the aeroplane maker deals with issues across its business. Chief executive Kelly Ortberg said in an email to staff that “executives, managers, and employees’” jobs are all at risk. The business also warned of losses in…
US President Joe Biden has said he is “absolutely, positively” urging Israel to stop firing at UN peacekeepers during its conflict with Hezbollah in Lebanon, following two incidents in 48 hours. On Friday, the Israel Defense Forces (IDF) said its troops were responsible for the incident, in which two Sri Lankan soldiers for the UN…
Glasgow: Rowe, Dobie, Jones, McDowall (c), Cordero, Hastings, Horne; Bhatti, Matthews, Fagerson, Brown, Cummings, Ferrie, Darge, Dempsey. Replacements: Stewart, McBeth, Schickerling, Samuel, Williamson, Venter, Afshar, Jordan. Zebre: Prisciantelli, Trulla, Paea, Gregory, Gesi, Da Re, Garcia; Rizzoli, Ribaldi, Nocera, Krumov, Zambonin, Ferrari, Andreani, Licata (c). Replacements: Bigi, Taddei, Neculai, Canali, Bianchi, Fusco, Mazza, Cambriani. Source link
The average Social Security payment is increasing by $48 per month next year. The Social Security Administration announced the 2.5% cost-of-living adjustment (COLA) for 2025 on Thursday, marking the smallest increase since 2021. The average COLA was 2.6% across the past decade, with the 2024 change at 3.2%, according to the administration. The close to…
By City & Finance Reporter Updated: 21:50 BST, 11 October 2024 Slowdown: Mulberry has suffered a slump in sales and profits Mike Ashley last night raised his bid for Mulberry from £83m to £111m. In its second attempt to buy the troubled fashion label, Ashley’s firm Frasers Group bumped up its offer to 150p per share….
By City & Finance Reporter Updated: 21:50 BST, 11 October 2024 Saga said it is in ‘exclusive negotiations’ with a Belgian rival over a tie-up for its troubled insurance arm. As it announced a surge in profits on the back of booming demand for its cruises, the over-50s group also said it has agreed to…
Former public safety minister Bill Blair says he did not consider partisan politics when it came time to approve a spy service warrant to surveil an Ontario Liberal powerbroker. There was a 54-day gap in 2021 from when the Canadian Security Intelligence Service (CSIS) submitted an application for the warrant to when Blair eventually authorized…
The U.S. Small Business Administration (SBA) announced today the expansion of its disaster declaration for Hurricane Helene, which began on September 23, 2024. The declaration now includes seven additional primary counties and ten adjacent counties, making more businesses and residents eligible to apply for SBA’s low-interest disaster loan program. The expanded declaration covers a total…
The boss of the company that owns P&O Ferries will attend an investment summit in the UK despite the transport secretary’s scathing criticism, which included calls for a boycott of the shipping firm. Sky News understands Sultan Ahmed bin Sulayem, chief executive of Dubai-based DP World, will join the government’s Investment Summit on Monday. It…
