The Treasury has thrown its weight behind the idea of cashback from local stores, without having to make a purchase, when ATMs are disappearing. It also wants the City regulator, the Financial Conduct Authority, to take the lead in securing the future of cash for consumers and small business owners who need it.
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Zuckerberg wins on Wall Street after Washington hit
admin, , Business, 0
The company, owner of Facebook, Instagram and WhatsApp, also pledged to keep the money flowing, saying it was in...
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CBI boss Tony Danker sacked over misconduct claims
admin, , Business, 0
The CBI dismisses Tony Danker following complaints about his conduct involving a female employee.
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Inflation risk from Red Sea disruption, warns economist
admin, , Business, 0
Dr El-Erian, president of Queens’ College, Cambridge and chief economic adviser at financial services giant Allianz, told the BBC’s...
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Retail sales soar 9.2% in April as shops reopen
admin, , Business, 0
“Footfall is still down by 40% on the pre-pandemic period, and there are still 530,000 people who work in...
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Dutch to restrict chip equipment exports amid US pressure
admin, , Business, 0
“The uncontrolled export of goods and technologies therefore potentially poses national security risks,” she added. “The Netherlands bears an...
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AI boss Sam Altman ousted after board loses confidence
admin, , Business, 0
“The board no longer has confidence in his ability to continue leading OpenAI,” the company said, citing “a deliberative...
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Morrisons calls for action on lorry driver dearth
admin, , Business, 0
He reckons there is a number of reasons for the shortage. “There’s Brexit to consider, with thousands of drivers...
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McDonald’s and Coca-Cola boycott calls grow over Russia
admin, , Business, 0
Thomas DiNapoli, comptroller of the New York state common retirement fund, wrote letters to the companies, according to Reuters...
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