Money Moves

Airbus to inspect some planes over 'quality issue' with panels

Airbus to inspect some planes over ‘quality issue’ with panels

Airbus has announced that a number of its aircraft will undergo inspections due to a “supplier quality issue” concerning metal panels utilized in certain A320 planes. The manufacturer indicated that this issue affects a “limited number” of aircraft and comes shortly after thousands of A320s were grounded for an urgent software update. On Tuesday, Airbus […]

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'Carspreading’ is on the rise

‘Carspreading’ is on the rise

In recent years, the trend of increasing vehicle sizes has led to discussions about the implications for both urban environments and road safety. In Europe and the UK, cars have been steadily becoming longer, wider, and heavier, a phenomenon often referred to as “carspreading.” As large vehicles are seen as practical and stylish by consumers,

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Nike, Superdry and Lacoste ads banned in UK over ‘misleading’ green claims | Advertising Standards Authority

Nike, Superdry and Lacoste ads banned in UK over ‘misleading’ green claims | Advertising Standards Authority

The UK Advertising Standards Authority (ASA) has prohibited advertisements from Nike, Superdry, and Lacoste due to concerns over misleading environmental claims related to their products. These ads, which included phrases like “sustainable,” “sustainable materials,” and “sustainable style,” were found to lack sufficient evidence to support these claims. Nike’s advertisement, which promoted tennis polo shirts, mentioned

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San Francisco sues food companies over ultra-processed products

San Francisco sues food companies over ultra-processed products

San Francisco has initiated legal action against ten major food manufacturers, alleging that these companies are knowingly selling ultra-processed products linked to serious health issues. The lawsuit, filed in San Francisco Superior Court, claims that practices employed by these food giants parallel those historically associated with the tobacco industry, leading to increased public health costs

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Production of French-German fighter jet threatened by rivalries, chief executive says | Aerospace industry

Production of French-German fighter jet threatened by rivalries, chief executive says | Aerospace industry

Leaders from France and Germany are expressing a strong commitment to collaborate on a new fighter jet project, despite existing internal tensions, as noted by Safran’s chief executive, Olivier Andriès. The initiative, part of the Future Combat Air System (known as Scaf in France), faces challenges primarily related to leadership disputes between French aerospace company

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Tunbridge Wells water cut likely to last after treatment problem reoccurs | Water industry

Tunbridge Wells water cut likely to last after treatment problem reoccurs | Water industry

Water shortages in Tunbridge Wells continue to affect schools and businesses, with disruptions expected to last for at least one more day. This follows an issue at the local water treatment plant, South East Water, which has been reported to have reoccurring problems. The Drinking Water Inspectorate (DWI) has announced that it will conduct an

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Fiscal headroom is a matter of guesswork | Economics

Fiscal headroom is a matter of guesswork | Economics

The editorial titled “The Guardian view on OBR v the Treasury” discusses the complexities of projecting a five-year forecast involving taxes and spending. The piece highlights the uncertainty inherent in these forecasts and mentions that while markets often favor large fiscal headroom figures, they may overlook the perspectives of thinkers like Bertrand Russell, who defined

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Costco sues Trump administration over sweeping emergency tariff powers | Trump tariffs

Costco sues Trump administration over sweeping emergency tariff powers | Trump tariffs

Costco is pursuing legal action against the Trump administration regarding the tariffs imposed by the White House. The retail chain claims that the administration has exceeded its executive authority in implementing these tariffs and is requesting a refund if the tariffs are ultimately deemed unconstitutional. The lawsuit was filed in the Court of International Trade,

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OBR chief’s exit may ease pressure on Rachel Reeves but the battle isn’t over | Office for Budget Responsibility

OBR chief’s exit may ease pressure on Rachel Reeves but the battle isn’t over | Office for Budget Responsibility

Richard Hughes resigned from his position as head of the Office for Budget Responsibility (OBR) on Monday following the accidental release of Rachel Reeves’s budget. This development comes amid scrutiny over numerous leaks related to the budget, which OBR spokesman David Miles described to MPs as being widespread and potentially damaging to the organization’s reputation.

OBR chief’s exit may ease pressure on Rachel Reeves but the battle isn’t over | Office for Budget Responsibility Read More »

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