Around half the UK’s mortgage holders face paying higher rates over the next three years, the Bank of England has warned, while sounding alarm over the potential impact of Donald Trump’s looming return to the White House. Its latest financial stability report – released twice a year – showed 4.4 million homes were set to…
Interest in electric vehicles is surging worldwide, but recent Google Trends data suggests it may be driven more by technological appeal than concerns about global warming. One environmental expert links this shift to the politicization of climate change. Searches for “electric vehicle” and “EV” have steadily climbed over the past decade, with “China EV” reaching…
Consumer rights group Which? is suing Apple for £3bn over the way it deploys the iCloud. If the lawsuit succeeds, around 40 million Apple customers in the UK could be entitled to a payout. The lawsuit claims Apple, which controls iOS operating systems, has breached UK competition law by giving its iCloud storage preferential treatment,…
MILAN – An Italian judge has seized money and assets worth almost 75 million euros ($84 million) from five people, including Stellantis (STLAM.MI), and Ferrari (RACE.MI), Chair John Elkann, as part of an investigation into alleged tax fraud, prosecutors said on Friday. The investigation, opened earlier this year, alleges Elkann and his siblings Lapo and Ginevra did not pay…
The government will not “water down” cuts to the winter fuel payment after it was voted through on Tuesday, a minister has said. Housing minister Matthew Pennycook said removing the winter fuel payment from around 10 million pensioners is “the right decision to make” following backlash from MPs and charities after the policy was voted…
