Top World News

Nov 21, 2024 - World

Firms could get up to a year to respond to mis-selling complaints after shock court ruling last monthThe City regulator plans to intervene in the car loan mis-selling scandal, in a move that could give lenders up to a year to respond to the rising number of customer complaints after a shock court ruling.The Financial Conduct Authority has been under pressure to take action after a court of appeal ruling in October said it was unlawful for two lenders to have paid a “secret” commission to car dealers without borrowers’ knowledge. Continue reading...

Nov 21, 2024 - World

International Distribution Services blamed budget for adding £120m to yearly costs through NICs increase The company that owns Royal Mail is considering job cuts and price rises on stamps and parcels as it blamed the Labour government’s first budget in 14 years for adding £120m to its costs.International Distribution Services (IDS) said the government’s decision to raise employers’ national insurance contributions (NICs) compounded challenges for the business as it faces one of the most turbulent periods in the history of its 508-year-old subsidiary, the Royal Mail. Continue reading...

Nov 21, 2024 - World

Case marks first time a trans person has successfully challenged use of such conversion practices in countryA transgender woman in China has won a record amount of compensation from a hospital that subjected her to several sessions of electroshock conversion practices without her consent.Changli county people’s court in Qinhuangdao, a city in Hebei, approved a 60,000 yuan (£6,552) award to Ling’er, a 28-year-old performance artist who was recorded male at birth but identifies as a woman. LGBTQ+ activists described the award, approved on 31 October, as a victory for trans rights in China. Continue reading...

Nov 21, 2024 - World

Debt interest payments push public finances deeper into the red in fresh blow to Rachel ReevesBusiness live – latest updatesUK politics live – latest updatesThe UK government borrowed more than expected in October as debt interest payments pushed the public finances deeper into the red, piling pressure on Rachel Reeves as she attempts to grow the economy.Borrowing rose to £17.4bn last month, the second highest October figure since monthly records began in 1993. City economists had expected a smaller figure, of about £12.3bn for October, after the UK borrowed more than £16bn in September. Continue reading...

Nov 21, 2024 - World

A New Zealand citizen is also ill, while a US citizen has died following a suspected mass poisoning event in the town of Vang ViengGet our breaking news email, free app or daily news podcastMelbourne teen Bianca Jones has died from methanol poisoning in a Thai hospital, a week after the Melbourne teen and her best friend fell ill while travelling in neighbouring Laos.Anthony Albanese confirmed the 19-year-old’s death on Thursday, after her parents travelled to Thailand to be with her. Continue reading...