Tag Archive: Kristine Ming

Oct 20

Rail firms ‘consider’ railcard for 26 to 30-year-olds

Image copyright Getty Images Over four million young people in the UK could be set to benefit from a new railcard for 26 to 30 year-olds. The website MoneySavingExpert (MSE) said it had seen documents from the Rail Delivery Group (RDG), which owns the National Rail brand, confirming a rollout of the card next year. …

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Oct 20

Australian carmaking runs out of road

Image copyright Holden Image caption A 1970s advert featuring a Holden car and smiling, patriotic Australians Australia’s final locally made car left the production line on Friday when Holden stopped manufacturing in the nation. It is considered the end of an era after similar exits by Ford and Toyota, writes the BBC’s Hywel Griffith in …

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Oct 20

Government borrowing at lowest September level for 10 years

Image copyright Getty Images Britain saw its smallest budget deficit for any September in the last 10 years, according to official figures. Last month’s deficit stood at £5.902bn, down almost 11% compared with the same month last year, the Office for National Statistics (ONS) said. With many economists having forecast a deficit of about £6.5bn, …

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Oct 20

Amazon: More than 100 cities bid for new headquarters

Media captionAmazon wants US cities to bid for its second major HQ US cities seeking to bid for Amazon’s second headquarters will need to submit their proposals by the end of Thursday. Amazon plans to invest $5bn (£3.8bn) and create 50,000 new jobs at the new headquarters, which will be a “full equal” to its …

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Oct 20

Mobile companies overcharging customers after contracts end

Image copyright Getty Images Image caption The government thinks mobile operators need to inform customers once the handset is paid off Vodafone, EE and Three are continuing to charge customers for the mobile phones they buy as part of a contract, even after the cost of the handset has been paid off, research suggests. Citizens …

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Oct 20

Bank of England under fire for lack of diversity

Image copyright BoE Image caption The most recent picture of the Bank of England’s Monetary Policy Committee. Front row (L to R): ​Ben Broadbent; Mark Carney; Minouche Shafik (departed); Sir Jon Cunliffe. Back row: Michael Saunders; Gertjan Vlieghe; Andrew Haldane; Ian McCafferty; Kristin Forbes (departed). The Chancellor has been taken to task by MPs about …

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Oct 19

Banks consider 555 fraud ‘hotline’

Image copyright Getty Images Victims of financial fraud might soon be able to call for help via a new telephone hotline, similar to the 999 emergency service. Under the plan anyone worried about scammers would be able to dial 555. The idea – which is in its early stages – is being examined by Financial …

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Oct 19

UK retail sales in sharp fall in September, ONS says

Image copyright Reuters Retail sales suffered an unexpectedly sharp fall of 0.8% in September, reversing a jump in August, according to the Office for National Statistics. It meant that third-quarter retail growth slowed to a year-on-year rate of 1.5%, its lowest since the second quarter of 2013. The figures come at the Bank of England …

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Oct 19

UK banks ‘exposed to money laundering in South Africa’

Image copyright AFP/Getty Images Image caption Many protesters are highly critical of the Gupta family UK financial regulators and the Serious Fraud Office are to review if banks HSBC and Standard Chartered are linked to a South Africa corruption scandal. It comes after Lord Peter Hain said the banks may “inadvertently have been conduits” for …

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Oct 19

Creative sector warns of Brexit threat to economy

Image copyright Getty Images Image caption The creative sector is said to support 2.9m jobs in the UK UK-made films, music, adverts and video games could be hit by a post-Brexit restriction on immigration, harming the economy, a trade body has warned. The Creative Industries Federation (CIF) said the £87bn a year the sector generated …

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