Money Moves

Walmart has issued a recall for certain shrimp products across 13 states in the U.S. following the detection of radioactive contamination in one shipment. The U.S. Food and Drug Administration (FDA) reported that frozen shrimp sold under Walmart’s Great Value brand may have come into contact with a hazardous isotope during transit. Although a sample […]

In 1980, Corina Poore, then 36 and pregnant, confronted the dismal state of a derelict house in New Cross Gate, south-east London. Despite its condition, which included dead animals and no indoor toilet, she purchased the property for £24,000, believing its issues were fixable. With a mortgage and a £3,500 grant from Lewisham Council to

A television advertisement for Sanex shower gel was banned after being deemed to reinforce racial stereotypes. The ad featured two models with dark skin depicted with dry, itchy skin conditions, contrasted with a white female model who showed no visible skin issues. The Advertising Standards Authority (ASA) upheld complaints that this portrayal suggested white skin

Five months ago, discussions in the supermarket industry centered around potential price wars, particularly as Asda, led by former executive Allan Leighton, aimed to regain its position as a price leader among grocery chains. Asda’s owners, private equity firm TDR Capital and the remaining Issa brother from a 2021 leveraged buyout, pledged significant financial resources

The UK chancellor’s focus on inheritance tax reform is part of a broader effort to address the country’s financial challenges. While there is a consensus on the need for significant reform in inheritance tax, experts argue that it alone may not provide the necessary solution for the pressing monetary shortfalls faced by the government. Recent

Dominic Frederico, CEO of US insurer Assured Guaranty, expressed confidence that the firm will not incur losses related to Thames Water, a company facing significant financial difficulties. Assured Guaranty holds a $2.4 billion (£1.8 billion) stake in Thames Water’s bonds and claims it is protected by a robust legal structure. Frederico suggested that the UK

A trial initiative in the Borders has introduced a new power storage system aimed at making social housing more energy efficient. The project, involving eleven homes from the Scottish Borders Housing Association, is reported to potentially decrease energy bills by up to 85%. The energy firm Knight PowerHub, responsible for installing the systems, claims these

The Office for National Statistics (ONS) has postponed the release of key retail sales data by two weeks, citing concerns about data quality. This decision has sparked discussions regarding the reliability of the statistics, which are instrumental in shaping government policies that impact a significant portion of the population and are also used by the

Millions of travelers in the UK may face disruptions over the upcoming bank holiday weekend due to heavy traffic, rail works, and strikes. The RAC estimates around 17.6 million trips by car are expected between Friday and Monday, prompting advice for drivers to either set off early or prepare for longer delays. The South East

Analysis indicates that the United Kingdom is falling behind the European Union concerning environmental protections, despite commitments from the Labour government not to reduce standards following Brexit. Experts suggest that the current government has opted to regress in certain environmental areas, although there are instances of improvement, such as banning sand eel fishing. The Labour