All news by author: Lawrence Matheson

630
Rishi Sunak insists debt is 'on schedule' to fall despite minister's confusion
The Prime Minister said "economic conditions are improving" when pressed on the Government's portrayal of the state of the public finances
664
Energy suppliers that go bust could be made to pay back costs to rivals
The failure of 29 energy suppliers between July 2021 and November 2022 are thought to have cost energy users around £2.7 billion
775
Virgin Media faces Ofcom probe over compliance with digital switchover rules
Ofcom is looking into the telecoms firm's compliance with rules to protect vulnerable customers during the switch from analogue to digital telephone landlines
633
Finnair asks passengers to voluntarily step on the scales before flights
Almost everything that gets onto a commercial plane - fuel, checked-in baggage, cargo and meals - is weighed. Now passengers are being asked to voluntarily weigh themselves
1307
Google unveils Gemini, the free AI app to help you write, read and think
Google has introduced an artificial intelligence app that will enable people to rely on technology instead of their own brains
543
'It's the economy, stupid' says Lastminute.com co-founder in digital plea
Baroness Lane-Fox of Soho has called for an end to digital exclusion
1108
Minister warns over a ‘computer says no’ stance to buy now, pay later schemes
The Government is considering feedback to a consultation on regulating buy now, pay later schemes
1151
Senior Treasury minister appears to stumble over questions on the rising debt
Laura Trott said she had "different figures" when she was presented with the latest official projections from the fiscal watchdog, which suggest an increase over the next five years
867
It is prudent to assume energy prices could rise - Bank of England rate setter
A Bank of England rate setter says it's "prudent" to think that there might be a larger risk of energy prices rising than falling, which could keep inflation higher
1182
Amazon workers to stage three-day pay strike in campaign to win £15 an hour
The GMB said around 1,000 of its members in Coventry will walk out for three days from next Tuesday
1139
Tesco Bank is being sold to major rival - with five million customers affected
The banking giant expects to pay roughly £600million for the credit cards, loans, savings and operating systems of the UK's largest supermarket
808
Cost-of-living crisis has created a 'poverty epidemic' says Gordon Brown
The former prime minister has released research suggesting that almost four million people were now living below 'the safety net'
690
NatWest appoints UBS executive to become head of Coutts after debanking scandal
Emma Crystal will become chief executive of NatWest's wealth business, including Coutts
1053
Rising mortgage arrears due to high cost of living and interest rates hikes
UK Finance reports that 93,680 homeowner were in mortgage arrears in the last quarter of 2023
615
Government should have Covid-style fraud experts ready to deploy, say watchdogs
The National Audit Office said that the Government should have a clear plan for buying in a 'seller's market' where it needs to deal with suppliers it does not normally use
618
Mondi plots £10bn packaging giant with renewed approach for rival DS Smith
Shares in DS Smith soared on Thursday after the packaging giant revealed it had received a renewed approach from rival Mondi
881
Sales of second-hand electric cars double as more than 100k sold for first time
A record 119,000 used electric vehicles changed hands in the UK in 2023
1036
Music artists are to benefit from £1.6m in grants to boost global stage hopes
The Music Export Growth Scheme has helped more than 300 artists over the last decade
1146
Rolex seller Watches of Switzerland sees sales slump as 'tourist tax' bites
Watches of Switzerland has flagged that a 'tourist tax' means it made minimal returns from overseas shoppers
574
AstraZeneca sees profits surge on drug sales and forecasts further growth
The pharmaceutical firm reported pre-tax profits of £5.5 billion for 2023, up from £1.8 billion the previous year
1059
Firms putting job hires on hold as vacancies fall for fourth time in five months
Recruitment agencies reported a fall in placing candidates into permanent jobs, leading to an increase in staff availability
955
Housing market outlook 'turns brighter' as buyer demand and sales increase
The housing market outlook has is showing signs of improvement, according to surveyors, with overall increases in buyer demand, newly agreed sales and new instructions to sell in January
975
British American Tobacco shares increase despite swing to loss of £17.1bn
The cigarette and vape group slumped to a pre-tax loss of £17.1 billion in 2023 against profits of £9.3 billion the previous year
540
Unilever profits rise to £8.45bn, but boss says performance 'needs to improve'
Profit rise driven by a 6.8% rise in prices over the period while the volume of items sold increased by just 0.2%
783
Co-op wants attacks on shop staff to be standalone offence as incidents soar
The company said there were more than 300,000 incidents of shoplifting, abuse, violence and anti-social behaviour in Co-op stores last year