Money Moves

Boeing has announced delays in the production of its 777X aircraft, pushing the expected delivery date to 2027. This postponement is anticipated to cost the company $5 billion in late delivery penalties. The delays are attributed to various regulatory hurdles that Boeing needs to navigate. The 777X is being positioned as a modern upgrade to […]

Prime Minister Keir Starmer has not affirmed his party’s commitment to refrain from increasing major taxes in the upcoming Budget. During a recent session of Prime Minister’s Questions, Starmer did not reiterate Labour’s pledge not to raise income tax rates, VAT, or National Insurance. This lack of commitment has prompted Conservative leader Kemi Badenoch to

Character.ai, a chatbot platform launched in 2021, is restricting interactions for users under 18 as a response to criticism regarding the nature of conversations young people were having with virtual characters. The service, which is utilized by millions, is currently facing several lawsuits in the United States, including one related to the death of a

A recent report indicates that the inflation rate in Jersey has accelerated between June and September. According to the latest Retail Prices Index (RPI) released by Statistics Jersey, prices on the island increased by 2.8% over the 12-month period leading up to September. The report attributes this rise in prices to increased costs in several

The UK government has initiated a compensation scheme for former sub-postmasters and their families who faced financial shortfalls due to the Capture branch IT system, operational from 1992 to 2000. This system preceded the Horizon IT system, which has also encountered significant controversy. A pilot phase of the compensation scheme is set to open for

Housebuilders have expressed concerns regarding the government’s goal of constructing 1.5 million homes in England by the end of the decade, labeling it as overly ambitious. The Home Builders Federation (HBF) has communicated with the Office for Budget Responsibility (OBR), suggesting that without initiatives to improve affordability for first-time buyers and reduce taxes, this target

A new initiative in Strabane has been launched to provide free baby clothing to individuals and families experiencing financial difficulties. This program aims to alleviate some of the burdens associated with raising infants during challenging economic times. The distribution of baby clothes is intended to support those in the community who may struggle to afford

Sir David Attenborough has endorsed a fundraising initiative aiming to gather £30 million for the purchase of the Rothbury Estate, a 15-square-mile area in Northumberland. The estate includes a mix of former grouse moor, woodland, and farmland and is being targeted by the Wildlife Trusts and Northumberland Wildlife Trust for conservation efforts. Their goal is

President Trump has announced the termination of trade talks with Canada, citing the airing of a Canadian television commercial that features an anti-tariff message from a speech by former President Ronald Reagan. The ad was broadcast during a World Series game and has been shown on various U.S. cable channels, which reportedly upset Trump. This

Fashion brand Next has reported a notable increase in sales following a cyber-attack that impacted its competitor, Marks & Spencer (M&S). On Wednesday, the British retailer announced a 10.5% rise in full-price sales for its third quarter, surpassing expectations. As a result, Next has raised its full-year profit guidance for the fourth time in eight