Ryanair adopts ‘free of charge’ family seating policy after watchdog investigation
Chief executive claims CMA has forced airline to adopt ‘less transparent and less consumer-friendly’ approach
Policy
CACEIS UK censured and to pay £31.7m to WealthTek clients for weak financial crime controls
CACEIS UK, an asset servicing bank, has been censured by the FCA and will make a £31.7m voluntary payment to WealthTek clients for failing to act on information that left clients exposed to the risk of financial crime.
Piero Cipollone: Central bank money for the digital era
Insight EU provides delayed access to the content table of its specialized monitoring emails. For real-time updates and full monitoring services, consider subscribing to one of the annual plans available in the Insight …
Tell us: are you trying to buy or sell a flat in the UK?
We’d like to hear from people in the UK about their experiences of trying to buy or sell a flat in recent months. Have there been any issues?
Datacentres are growing target of global climate-related legal cases, report finds
LSE analysis highlights litigation linked to energy sources, water consumption and air pollution
The great tinification: how Britain fell in love with canned cocktails
Forty years since Marks & Spencer started selling cans of gin and tonic, every supermarket and corner shop is full of ready-mixed mojitos, margaritas and negronis. Why are these so acceptable, given the moral panic over…
UK to halve tariff-free steel imports to counter glut of cheap Chinese metal
The UK government will halve the amount of tariff-free steel imports allowed in an attempt to counter a global oversupply of cheap Chinese metal and boost its beleaguered local industry.
Shaping the future of the credit market – the road ahead
Speech by Alison Walters, director of consumer finance at the Credit Week: Powering the Future of Finance event.
Has Cornwall’s housing crisis created a van life generation?
Cornwall's housing crisis is forcing young people to live in vans. As second homes and short-term holiday lets drive up house prices, a growing number are turning to van life to stay in the place they love. The Guardian…
Elizabeth Warren says ‘frenzy’ of mergers under Trump could be reversed
Senator warns of ‘tsunami of anger’ against big companies and suggests future administrations may undo key deals
The Retail Payments Infrastructure Board launches consultation on the next generation UK payments infrastructure
Today marks a major milestone in the modernisation of the UK's payments landscape, with the Retail Payments Infrastructure Board (RPIB) launching a consultation on the future design of the UK's next-generation retail pa…
EasyJet opens talks with Castlelake after rejecting £4.9bn takeover offer
British carrier says it hopes to receive ‘more attractive proposal that better reflects’ its value
ECB to integrate non-financial credit claim portfolios into general collateral framework, phasing out temporary measures
The Governing Council of the European Central Bank (ECB) has decided today on the eligibility criteria and risk control framework to permanently integrate portfolios of non-financial corporate (NFC) credit claims into i…
Why stronger Buy Now Pay Later protections are the right step for consumers
BNPL can help people to manage their cash flow. It can allow them to spread the cost of purchases and smooth their finances.
Isabel Schnabel: Interview with Die Zeit
There is now a ceasefire in the Middle East, and oil prices have fallen. What does this mean for the economy in Europe, and in Germany in particular?
Oil price falls to lowest level since before the US-Iran war; UK firms hope Burnham will ease burden – business live
Asia-Pacific stock markets have jumped today, on relief that the oil price has fallen to its pre-Iran war levels .
’It can flip quickly from being idyllic’: the reality of life for young van dwellers priced out of Cornwall’s housing market
With tourists buying up property and landlords opting for lucrative Airbnb rentals, young Cornish people are turning to old campervans to provide a roof over their heads
It’s not the bond markets Andy Burnham should be afraid of. It’s his own MPs | Aditya Chakrabortty
To stay popular with the public – and his backbenchers – he’ll need to make big changes fast. That means changing the way the government borrows
What is China’s SpaceSail, and could it rival Elon Musk’s Starlink?
The company has just a few hundred satellites in low Earth orbit but has state backing and is already reportedly negotiating with dozens of countries
One in four graduates will lose financially from going to university, IFS estimates
Degrees still mostly boost lifetime pay, thinktank says, but those completing creative qualifications may end up worse off
Elon Musk loses trillionaire status as SpaceX and Tesla stock drops
Falling shares push tech mogul back down to billionaire ranks after SpaceX IPO made him world’s first trillionaire
Federal Reserve Board's annual bank stress test confirms that large banks are well positioned to weather a severe recession and able to continue to lend to households and businesses
The results of the Federal Reserve Board's annual bank stress test confirmed that large banks are well positioned to weather a severe recession and able to continue to lend to households and businesses. Despite absorbin…
SEC Appoints Kathleen Hutchinson as Director of Office of International Affairs
U.S. March NFP came in at 236,000 jobs versus a 240,000 estimate and unemployment edged to 3.5%, cutting the CME FedWatch odds of a May 25bp hike to about 50% from ~70% and pushing spot gold above $2,020 toward the $2,0…
Exploit last North Sea oil and gas or risk mass job losses, Andy Burnham urged
Andy Burnham should be ready to exploit the UK’s remaining North Sea oil and gas resources to avoid mass job losses in Scotland and the north-east, the director of the British Chambers of Commerce (BCC), Shevaun Havilan…