Money Moves

Budget to be held on 26 November, Rachel Reeves announces

Budget to be held on 26 November, Rachel Reeves announces

Chancellor Rachel Reeves has announced that the upcoming Budget will take place on Wednesday, November 26. During this event, Reeves is expected to outline the government’s plans for taxation and spending, which include funding for essential services like hospitals, schools, and the police. Reeves is facing significant pressure to balance the public finances while also […]

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A let off or tougher than it looks? What the Google monopoly ruling means

A let off or tougher than it looks? What the Google monopoly ruling means

In a significant antitrust case, the U.S. government is challenging Google’s dominance in online search, drawing comparisons to the historic case of United States v. Microsoft from 1998. A year after labeling Google as a “monopolist,” Judge Amit Mehta proposed remedies that have sparked debate about their effectiveness. Notably, the possibility of breaking up Google’s

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How to protect yourself from common scams

How to protect yourself from common scams

Police forces and councils across the UK have issued warnings concerning an increase in parking scams during the summer months. The scams include fraudulent text messages regarding unpaid parking tickets and modified parking machines that can capture card details. In a recent discussion, scams expert Nick Stapleton highlighted several ways individuals can safeguard themselves against

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Thames Water bidders ready to clear-out top managers in rescue deal

Thames Water bidders ready to clear-out top managers in rescue deal

Bidders for Thames Water are reportedly considering significant management changes, including the possible dismissal of key senior executives, as part of a restructuring plan for the troubled utility. This move comes in light of government expectations for accountability, especially following substantial fines levied against the company for not meeting operational and environmental standards. Sources involved

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Creditor group sets out £20.5bn plan to rescue Thames Water | Business

Creditor group sets out £20.5bn plan to rescue Thames Water | Business

Thames Water customers may experience changes to the services provided if a consortium of creditors, known as London & Valley Water, secures approval for its rescue plan. This information surfaced in a business plan outline released by the creditor group, which holds a significant portion of the company’s debts. The proposal outlines the intent to

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