All news by author: Lawrence Matheson

857
Toyota group car maker Daihatsu reshuffles leadership after safety test scandal
Daihatsu named a veteran at its parent company Toyota to replace its president as it tries to repair the damage from a scandal over cheating on vehicle safety tests
887
OpenAI chief warns that 'societal misalignments' could cause AI to 'wreak havoc'
Sam Altman said the dangers that keep him awake at night regarding artificial intelligence are the "very subtle societal misalignments" that could make the systems wreak havoc
767
Three says sorry after thousands of mobile customers left without connectivity
The mobile operator has not commented further on what has caused the ongoing problems
949
Romance scam victims warned they could be unknowingly committing insurance fraud
The scam often starts with small claims and then increases over time, leaving victims stuck in a criminal funding cycle
1096
Bank of England chief says banks in 'sound health' but share prices a 'puzzle'
Andrew Bailey said the banking system had proved to be more resilient than in the past, but said there was a 'puzzle' over the share prices of major lenders
719
Virgin Media O2 to roll out AI-powered tools to combat fraud and spam calls
The company says it has stopped over 89 million spam texts with AI this year
888
Tui urges shareholders to vote in favour of quitting London Stock Exchange
The travel company said it was on track to meet its targets for the year
1135
Sainsbury's warns tea drinkers disruption in Red Sea is causing 'supply issues'
Supermarket cautions shoppers in some stores that there are "nationwide" problems which could impact the availability of black tea
1085
Unemployment falls as wage growth beats forecasts in blow to rate cut hopes
The jobs market is showing resilience with the unemployment rate slipping down to 3.8%
1230
Locations with biggest concentrations of property value rises and falls revealed
Zoopla estimated that around one in five (21%) properties held their value last year with no significant change
896
Aldi announces £550m expansion with 1,500 new jobs and plans for 500 stores
The discount supermarket chain has revealed plans to spend more than £550 million on opening new stores and upgrading existing ones this year
1069
Azzurri Group upbeat about future of restaurant chains despite £16.4m losses
The group disclosed that it had seen a 21% jump in underlying earnings before interest, tax and exceptional items
1014
Romance scams on the rise for men - and they're being targeted by younger people
Nationwide said there was a small 2% drop in scams involving female victims
896
Tritax Big Box to buy rival UKCM for £924m creating £4bn warehouse giant
The combination of the two firms is set to make a real estate giant worth almost £4 billion
941
Biggest fall in average two-year fixed mortgage on the market since 2022
The average two-year fixed mortgage rate on the market recorded its biggest month-on-month fall since December 2022 in February, according to a financial information website
1013
Cocoa price soars to new record, sparking fears of more expensive chocolate
The price of cocoa has jumped by more than 40% in just the last month, hitting £4,909 per metric tonne on Friday, up from £3,443 last month
903
Insurance giant Aviva's Valentine's Day warning as thieves target jewellery
The insurance giant said items targeted include luxury watches, bespoke jewellery items, expensive bracelets and diamond rings
701
SmarterNaturally seeks £3m investment to ramp up production of its 'super soup'
SmarterNaturally is looking to raise the cash from investors to help bring on board new farmers to grow its patented GRextra variety and ramp up production
793
NatWest investors await full-year results as bank looks to shrug off debanking
The group, which also owns Royal Bank of Scotland, Ulster Bank and Coutts, will unveil its fourth quarter earnings and full-year financial results on Friday
629
Upper Crust owner SSP Group to buy Australian airport bar and restaurant firm
SSP which runs food outlets at transport sites including airports and railway stations has agreed to take over privately-owned Airport Retail Enterprises for an undisclosed sum
662
Bellway sees 'encouraging' signs of buyers returning after interest rates cut
The housebuilder said it has seen a pick-up in reservations since the start of the year
1217
Barclays to stop financing new oil and gas projects in climate strategy update
The bank has pledged to focus capital on supporting energy companies to decarbonise
855
New anti-fraud campaign launched, but critics say it's 'too little, too late'
The Government's Stop! Think Fraud campaign, starting on Monday, includes a new website with fraud safety advice and adverts on billboards, broadcast and social media
749
Water companies face hefty fines if they fail to improve customer service
The water regulator for England and Wales has been given new powers to fine suppliers up to a 10th of their turnover for poor customer service
1137
Heathrow Airport passenger numbers in January are almost at pre-pandemic levels
The airport said 6 million passengers passed through its doors last month