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Category: Business

Spain fines budget airlines including Ryanair and EasyJet €179m
Business

Spain fines budget airlines including Ryanair and EasyJet €179m

November 22, 2024

The fines are the biggest sanction issued by the ministry, and follow an investigation into the budget airline industry. The ministry said it had upheld

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How family firms could be affected by Budget tax rises
Business

How family firms could be affected by Budget tax rises

November 22, 2024

There are ways of avoiding the tax, using existing loopholes. The main way is to gift assets to the next generation, on condition that you

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Gatwick Airport terminal evacuated due to security risk
Business

Gatwick Airport terminal evacuated due to security risk

November 22, 2024

The airport, in West Sussex, said the evacuation was a precaution while it continued to investigate. “Passengers will not be able to enter the South

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Retail sales fell in October as Budget fears hit spending
Business

Retail sales fell in October as Budget fears hit spending

November 22, 2024

Sales volumes were up 0.8% in the August to October period when compared with the previous three months. “When we look at the wider trend,

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Energy price cap: Typical bill to rise by £21 a year in January
Business

Energy price cap: Typical bill to rise by £21 a year in January

November 22, 2024

While the cost of each unit of gas and electricity is capped, the total bill is not. So, a long, cold winter could see higher

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Gautam Adani: How US fraud charges against him impact India’s economy and politics
Business

Gautam Adani: How US fraud charges against him impact India’s economy and politics

November 22, 2024

India’s economy is deeply intertwined with Mr Adani, the country’s leading infrastructure tycoon. He operates 13 ports (30% market share), seven airports (23% of passenger

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Leasehold reforms set out amid concerns over delays
Business

Leasehold reforms set out amid concerns over delays

November 21, 2024

Katie Kendrick, founder of the National Leasehold Campaign (NLC) said that, while she was “pleased” the government was fulfilling its manifesto promise to scrap leaseholds,

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Gary Gensler to leave role as SEC chairman
Business

Gary Gensler to leave role as SEC chairman

November 21, 2024

Appointed SEC chair in 2021, Mr Gensler’s term is technically supposed to run until 2026, but it is normal for agency leaders to depart their

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London Liverpool Street remains busiest railway station in UK
Business

London Liverpool Street remains busiest railway station in UK

November 21, 2024

Tottenham Court Road, which is only served by Elizabeth line trains, rose from seventh spot to third place, with 64.2 million passenger entries and exits.

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PayPal down: Thousands of customers worldwide report login issues
Business

PayPal down: Thousands of customers worldwide report login issues

November 21, 2024

Payment app PayPal is encountering issues worldwide, it has confirmed. It said in a post on its service status page, external it was experiencing “a

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