Business
October 18, 2024
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Debt rule to change to fund major projects

Getty Images The Treasury has given its clearest indication yet it will change its self-imposed debt rule in order to borrow billions to fund new infrastructure projects. Independent checks on spending for major building work will be introduced to allow the government to borrow for investment “more efficiently”, the Treasury Chief Secretary, Darren Jones, has […]

Business
October 18, 2024
2 views 3 mins 0

Netflix raises prices as password boost fades

Laurence Cendrowicz/Netflix/PA Netflix is starting to raise prices in some countries as growth spurred by its crackdown on password sharing starts to fade. The film and TV streaming giant said it had already lifted subscription fees in Japan and parts of Europe as well as the Middle East and Africa over the last month. Changes […]

Business
October 18, 2024
4 views 2 mins 0

Vistara In-Flight Experience Will Continue Post-Merger, Says Air India

Vistara Air-India Merger: Air India on Friday said Vistara routes and schedule as well as the in-flight experience will continue and the flights operated with Vistara planes will have the code ‘AI2’ post-merger. The merger of the two full-service carriers is scheduled to be completed on November 12, following which Singapore Airlines will have a […]

Business
October 18, 2024
5 views 7 mins 0

India-Canada diplomatic rift: Indian Army’s plan to buy Ontario-produced Stryker armoured vehicles hits snag

Stryker armoured vehicles are manufactured by General Dynamics Land Systems Canada (GDLS-C). (Image source: GDLS) The Indian Army‘s intention to acquire Stryker armoured vehicles from Ontario, Canada, has been cast into uncertainty due to the deteriorating diplomatic ties between India and Canada. The infantry combat vehicles, which are primarily employed by the United States military, […]

Business
October 18, 2024
2 views 3 mins 0

China economy slowdown deepens, official figures show

Getty Images Gross domestic product rose by 4.6% on a yearly basis, below the government’s “around 5%” annual target China’s economy expanded in the third quarter at the slowest pace since early last year, as the country struggles to boost flagging growth. On an annual basis, gross domestic product (GDP) rose by 4.6% in the […]

Business
October 17, 2024
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Fraudsters steal more than £3m a day as cases rise

Fraud cases have risen by 16% with con artists stealing more than £3m a day, according to figures from the banking industry. Criminals have particularly targeted victims by tricking them out of their one-time passcodes, trade body UK Finance said. Despite the increase in reported cases, total losses have fallen slightly – totalling £572m in […]

Business
October 17, 2024
1 views 5 mins 0

Inheritance tax increases expected in Budget

Getty Images The government is planning to increase the amount of money it raises in inheritance tax at the Budget, the BBC has learned. It is not known how many people are likely to end up paying more, nor how much more they would pay. It is understood the prime minister and the chancellor are […]