By Charlie Conchie Cash-strapped Brits looking to draw on their pension pot to cope with the rising cost of living are at risk of predatory scam tactics, the UK’s financial watchdog has warned today. New research from the Financial Conduct Authority to…
Letters: A GDPR Brexit won’t help us
By Elena Siniscalco [Re: Donelan’s data law reform lag raises eyebrows, Oct 4] The announcement this week by culture secretary Michelle Donelan that the UK plans to replace GDPR with its own “business and consumer-friendly British data protection syste…
Motorists beware: RAC warns petrol prices likely to rise after OPEC cuts
By Nicholas Earl Prices at the pumps will spike following OPEC’s decision to heavily cut oil production, warned motoring group RAC. Fuel spokesperson Simon Williams argued the cartel’s pledge to reduce output by 2m barrels per day would “inevitably see…
Is centralisation the real Ethereum-killer?
By Darren Parkin by Hugh Brooks, Director of Security Operations at CertiK Decentralisation is a core tenet of blockchain technology. In fact, decentralisation is blockchain’s raison d’être; there’s simply no need for a distributed ledger if all users …
Household support package could cost £140bn, warns Cornwall Insight
By Nicholas Earl The Government’s support package to ease soaring household energy bills could climb as high as £140bn, warned energy specialist Cornwall Insight. This would mean the Energy Price Guarantee, which freezes energy bills at £2,500 per year…
Worcester Warriors players say ‘don’t take the P’ as contracts terminated
By Matt Hardy Worcester Warriors players whose contracts were yesterday terminated have launched an appeal for the club to be allowed to keep a crucial shareholding in Premiership Rugby that could safeguard its future. “P Shares” are owned by each of t…
Musk’s Twitter u-turn is the beginning rather than the end
By Leah Montebello When the news broke that Elon Musk would be moving ahead with his original $44bn takeover of Twitter, it felt more like the beginning of a saga than the end of it. While the Tesla chief told his 107m followers that the purchase would…
Philip Morris still waits on EU green light for £14bn Swedish Match deal
By Leah Montebello Cigarette giant Philip Morris has offered to make concessions to the EU in order to scoop up up rival firm Swedish Match in a $16bn (£14bn) deal. According to a European Commission filing, the maker of Malboro has put forward changes…
Offshore workers back North Sea strikes over pay dispute
By Nicholas Earl Hundreds of offshore workers will go on strike for ten days between now and the end of the year following an escalating dispute over pay. The industrial action will hit platforms in the North Sea operated by energy giants such as BP an…
Halfords buys commercial tyre firm Lodge Tyre for £37.2m
By Ilaria Grasso Macola Halfords has bought commercial tyre firm Lodge Tyre for £37.2m in cash, the motoring services retailer announced today. The London-listed company will pay an initial £33.2m while a further £4m will be paid in FY25 depending on p…