The UK’s motor finance industry could be heading for a financial storm reminiscent of the Payment Protection Insurance (PPI) scandal. A recent Court of Appeal ruling found car dealerships and lenders liable for failing to disclose commissions to customers, a precedent that could unleash billions in compensation claims. For decades, PPI haunted UK banks, ultimately […]
Shoplifting in the UK has reached unprecedented levels, with over 1.2 million cases recorded by police forces since April 2019, according to data obtained by Personal Injury Claims UK. The surge is particularly pronounced in 2023, with 344,709 offences logged—a 30% rise over the previous year—marking a new 20-year high in England and Wales. The […]
In a major shift affecting family-owned businesses, the Chancellor has announced that Business Property Relief (BPR) will be reduced to 50% from April 2026, exposing thousands of family firms to inheritance tax for the first time in decades. While previously exempt, business assets will now incur an effective 20% tax when passed to the next […]
Private schools in the UK, represented by the Independent Schools Council (ISC), have voted to take legal action against Labour’s decision to impose VAT on school fees. The ISC, which represents 1,400 independent schools, argues that the new tax is discriminatory, particularly affecting students with special educational needs and disabilities (SEND), as well as faith-based […]
Article content (Bloomberg) — President Joe Biden will not attend a major UN climate change summit opening just days after the US election and set to shape the country’s approach to the issue for years to come. Biden’s absence at the high-level COP29 negotiations was confirmed by a person familiar with the matter who wasn’t […]
Article content EDMONTON, Alberta — The union representing many of the Alberta’s education and health-care workers is calling for Danielle Smith and the UCP government to withdraw Bill 26, Bill 27 and Bill 29, and end their harmful attacks on trans youth. CUPE has always fought for human rights in the workplace and beyond. All […]
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Article content Starbucks Corp. will stop charging an extra fee on beverages with non-dairy milk alternatives as part of an effort to “win back customers,” according to chief executive Brian Niccol. The initiative was announced following the release of the company’s 2024 Q4 earnings report this week. Starbucks will remove its 10 per cent surcharge […]
Article content (Bloomberg) — Air Canada posted quarterly earnings that beat estimates while announcing a new buyback program, boosting the airline’s shares the most in more than a year. The Montreal-based company raised its full-year outlook for adjusted Ebitda, a measure of profit that excludes items such as taxes and interest, to C$3.5 billion ($2.5 […]