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Birmingham LiveGMB: Kate Garraway talks about needing pension to pay for Derek's bills
GMB: Kate Garraway talks about needing pension to pay for Derek's bills
- Reuters Videos
Australia's Qantas agrees to $79 million penalty
STORY: Australian airline Qantas Airways said on Monday it had agreed to pay a penalty worth $79 million U.S. dollars to settle a lawsuit. The claim accused the airline giant of illegally selling thousands of tickets for flights that had already been cancelled. The fine is the largest ever faced by an Australian airline.As part of the settlement with Australia's consumer commission, the company will split $13 million between more than 86,000 customers who booked tickets on the so-called "ghost flights" and pay a $66 million fine instead of defending the lawsuit that it had previously vowed to fight.The penalty is subject to the approval of the Federal Court of Australia.CEO Vanessa Hudson said in a statement that, QUOTE, "we recognize Qantas let down customers and fell short of our own standards," CEO Vanessa Hudson said in a statement."Qantas was sued last August by the consumer commission, which alleged that in some cases the airlines flights were on sale for weeks after they’d been cancelled. The company had argued that it faced similar challenges to airlines around the world, but the commission said its actions broke consumer law. Qantas is also still waiting to learn how much it must pay nearly 1,700 ground handling staff it sacked in 2020 after a court found the job cuts were illegal since they were intended to stop industrial action.
- Bristol Live
Major DWP change for people with health conditions announced
The pilot scheme is a joint effort between the Department for Work and Pensions and the Department for Health Social Care
- The Guardian
Worried carmakers call for urgent UK help to reignite waning interest in electric vehicles
Sector wants tax cuts, better buying incentives and more electric charging points as sales in EVs stall
- Reuters
Hess contests claims of inadequate disclosures in Chevron deal
Oil producer Hess on Tuesday said it disputes claims in several shareholder letters and at least two lawsuits alleging inadequate disclosures over its proposed sale to Chevron. The claims, filed in federal court in New York and the Delaware Court of Chancery, seek to further delay or block the $53 billion deal. Hess shareholders are scheduled to vote May 28 on the deal.
- Yahoo Finance UK
The retirement income gap no-one is talking about
People are living longer than ever before and this can impact how you plan for retirement.
- Time
Why Big Tech May Never Recover in China
Although the crackdown has eased since 2022, it has left a profoundly negative mark on the sector and state-business relations.
- The Guardian
BP to cut $2bn in costs as profits miss forecasts
Oil company to maintain pace of share buybacks despite impact of falling gas prices
- Bradford Telegraph and Argus
Manufacturing company's move to Bradford site to create 200 jobs
A YORKSHIRE manufacturing company will create up to 200 jobs when it opens its biggest manufacturing plant in Bradford.
- Watford Observer
Heineken continues work to reopen Watford pub amid 62-bar plan
Heineken remains set to reopen Watford pub after it announced plans to bring 62 boozers back across the UK.
- Insider Monkey
15 Countries with the Highest Average Salaries in Europe
In this article, we will look at the 15 countries with the highest average salaries in Europe. We have also discussed why Americans find Europe attractive for relocation. If you want to skip our detailed analysis, head straight to the 5 Countries with the Highest Average Salaries in Europe. Europe has become a compelling destination […]
- Fool.co.uk
Rolls Royce’s £4+ share price still looks a major bargain to me, so should I buy?
Rolls-Royce’s share price has shot up in the past year, but I think it’s still around 50% undervalued and is set for stronger growth. The post Rolls Royce’s £4+ share price still looks a major bargain to me, so should I buy? appeared first on The Motley Fool UK.
- Sky video
TikTok sues US government as it tries to block law that could ban app
TikTok is suing the US government over a law that seeks to force the app's Chinese owner ByteDance to sell it within nine months or ban its use in America.
- York Press
York firm gains royal recognition for its growth in exports
C-Kore Systems Ltd from York has won a King’s Award for Enterprise - International Trade 2024 due to its outstanding export growth over three years.
- The Telegraph
Kevin Spacey’s lawyers forced to apologise for ‘muck up’ in sexual assault case
Kevin Spacey’s lawyers have been forced to apologise after failing to file crucial defence documents in the case against him for sexual assault.
- Reuters
Warren Buffett's successor Greg Abel seen preserving Berkshire's culture
When Greg Abel succeeds Warren Buffett at the helm of Berkshire Hathaway, he is expected to preserve the culture at the behemoth even if he does not match the star power of his legendary boss. A 25-year Berkshire veteran, Vice Chairman Abel, 61, is expected by investors and analysts to uphold the $865 billion conglomerate's track record of investing in companies for the long haul and eschewing dividend payments to shareholders. Berkshire, which owns railroads, insurance companies and an ice-cream maker, has been planning for decades for the eventuality when Buffett, 93, who has run the company since 1965, is no longer there.
- CityAM
Green light given to class-action lawsuit over electricity costs
Damages sought for consumers are in the hundreds of millions of pounds.
- The Telegraph
What is pension drawdown?
Accessing your pension pot is a big moment after years of making contributions, but the way you withdraw your hard-earned retirement savings can have a big impact on your golden years.
- CNN Business
The alleged architect of a multibillion-dollar fraud that shook Wall Street heads to trial
In the spring of 2021, you might have heard about a small investment firm with an odd name, Archegos, that imploded practically overnight and left big Wall Street banks sweating over billions of dollars in losses.
- The Independent
FAA opens new Boeing investigation after company admits it may have skipped some 787 inspections
The beleaguered aerospace company said in an internal email that it had caught ‘several’ workers submitting false paperwork saying they had completed certain tests