Lloyds Banking Group has set aside an additional £800 million to cover potential compensation claims related to the car finance mis-selling scandal, as the UK’s financial regulator finalises plans for a sweeping redress scheme. The FTSE 100 lender said the provision “reflects the increased likelihood of a higher number of historical cases being eligible for redress” and a “higher level ...
Financial experts have urged the Chancellor to abandon any plans to expand VAT coverage in the forthcoming Budget, warning that the move would “bludgeon UK consumers and businesses”, drive up costs and undermine key government policy goals. The warnings come amid reports that Treasury officials are considering broadening VAT to previously exempt services such as private tuition, financial advice, postal ...
Electric vehicle charging software company Fuuse has raised a further £6 million from its existing investors, Par Equity and YFM Equity Partners, as it accelerates growth and moves closer to profitability. The Lancaster-based platform — which provides EV charge point management software and services — said the follow-on investment came at an increased valuation after the company more than doubled ...
President Donald Trump will spend the first part of the week in the Middle East to oversee a historic peace deal between Israel and Hamas, a landmark agreement expected to end the two-year war in Gaza and bring home the remaining hostages. Before boarding Air Force One, Trump told reporters that the hostages could be released earlier and said Israeli ...
President Donald Trump said Sunday that Hamas may release the 20 hostages it is holding ‘a little bit early.’ Trump spoke with reporters aboard Air Force One en route to the Middle East, where he was asked about the latest on the hostages and when they might be released. ‘So, they have the hostages — I understand all 20 — ...
President Donald Trump has launched an unprecedented war against cartels and has threatened narco-terrorists, saying he will ‘blow you out of existence’ as his administration seeks to curb the influx of drugs into the U.S. The White House sent lawmakers a memo Sept. 30 informing them that the U.S. is now participating in a ‘non-international armed conflict’ with drug smugglers ...
Two years ago, I was kidnapped by Boko Haram. They held me captive, and every day I prayed that I would see my family again. By a miracle of God, I was able to escape. Sadly, most Christians who are captured by this terrible organization never live to tell their stories. And unless the West intervenes, kidnappings like mine — ...
White House Deputy Chief of Staff Dan Scavino is poised to play an even larger role in President Donald Trump’s administration, the president announced Sunday. Trump says Scavino, in addition to his current role, will now lead the White House Presidential Personnel Office. The office was previously held by Sergio Gor, who is now transitioning to become the U.S. Ambassador ...
President Donald Trump railed against Democrats over the ongoing government shutdown Saturday, and said he is directing Secretary of War Pete Hegseth to make sure military service members get paid next week. ‘Chuck Schumer recently said, ‘Every day gets better’ during their Radical Left Shutdown,’ Trump wrote on Truth Social. ‘I DISAGREE! If nothing is done, because of ‘Leader’ Chuck ...
On Oct. 6, Albanian Appeals Court Judge Astrit Kalaja was shot inside the Tirana courtroom where he oversaw a property dispute case, according to the International Commission of Jurists. Kalaja died of his wounds, and two others were injured in the shooting. The 30-year-old suspect has been arrested. Kalaja’s killing quickly became a lightning rod for nationwide dissatisfaction with the ...