All news by author: Lawrence Matheson

738
Why are UK vets being investigated, and are pet owners paying too much?
The UK's competition regulator has said it is launching an investigation into the vet industry over concerns that pet owners could be being overcharged
1099
Lego profits fall as Danish toymaker faces 'toughest market for over 15 years'
The Danish toymaker reported a 5% fall in operating profits to 17.1 billion Danish krona (£8.1 billion) in 2023
758
Holiday spending jumps by a quarter during wet winter, reveals Virgin Money
The number of holiday-related transactions increased by 26%, compared with the winter of 2022/23, Virgin Money found
1274
Mortgage arrears jump by over 50% in a year, Bank of England figures show
The value of outstanding mortgage balances with arrears increased by 9.2% from the previous quarter, to reach £20.3 billion, which was 50.3% higher than in 2022, the Bank of England said
933
Major bank is giving new customers £220 - who is eligible and how to claim it
The offer is available to new HSBC UK customers who open an Advance or Premier Account and meet certain criteria
1238
Female entrepreneurs to speak at US Congress about economic opportunities in NI
The pair will talk about their lived experiences starting their own businesses as young women in a society recovering from decades of violence
1296
Persimmon profits slump to £351m as housebuilder warns of a tough year ahead
The Charles Church builder saw pre-tax profits fall to £351.8 million in 2023 from £730.7 million the previous year
1054
World leaders vow to fight fraud as Home Secretary hails 'massive step forward'
Last year, fraud made up 38% of recorded crime in the UK, affecting three million victims and costing them £2.5 billion
623
Abolishing inheritance tax would be a 'win-win', says former Tory minsiter
The standard inheritance tax rate in the UK is 40% on estates valued over £325,000
938
Government commits to building new gas power stations to avoid blackouts
The move has been criticised by Labour who say it will lead to higher energy bills and less energy security
752
Paying off debt, holidays and doing up home are top reasons to save - Nationwide
Half of people are saving less each month than they did before the cost-of-living crisis, the research found
693
Food labelling to be made clearer to help shoppers buy 'high quality' produce
The plans will also help consumers make buying decisions that 'align with their values'
1262
Vinyl back in basket of goods used to measure inflation, but hand sanitiser out
The Office for National Statistics has removed a number of items from the list of goods and services it uses to measure inflation
1104
Wage growth slows as unemployment rises, but earnings still outpacing inflation
The Office for National Statistics said average regular pay growth, excluding bonuses, fell to 6.1% in the quarter to January, down from 6.2% in the three months to December
1337
US adds 275,000 jobs as unemployment stays below 4% for 25th month in a row
Job growth in February was higher than January's revised gain of 229,000 job, but the unemployment rate rose slightly to 3.9%
658
JD.com and other China stocks trade higher as annual parliamentary meeting ends
China's consumer price index bounced back by 0.7% in February, hitting an 11-month high, driven by a surge in spending over the holiday season, according to data from China's statistics bureau
973
India signs $100 billion free trade agreement with four European nations
The trade deal was signed with Iceland, Liechtenstein, Norway and Switzerland and it has been reported that India is also working on trade agreements with Britain and the European Union
644
Bitcoin hits all-time high as regulator opens door to crypto-linked securities
Britain's financial watchdog said it would allow cryptocurrency-linked products for professional investors
602
UK flight punctuality still below pre-pandemic levels despite air fare surge
Civil Aviation Authority figures show just 64% of flights departed or arrived within 15 minutes of the scheduled time in 2023
878
Ofgem concerned costs of achieving net zero could hit poorest households hardest
The regulator has announced a call for input on how to protect households against future price shocks
954
BT and Virgin Media to protect vulnerable customers during landline switch
The telecoms industry is currently upgrading landline services to new digital technology using an internet connection
874
Disney unveils theme park expansion plan to add more immersive attractions
The proposed expansion wouldn't increase Disney's 490-acre footprint or change what the company already has permission to build
611
Tech giants, banks and governments join forces to combat international fraud
Representatives from governments, financial organisations and tech firms will attend the Lancaster House summit
1289
Persimmon, Berkeley and Vistry set to reveal fragile state of property market
The UK's property market will be in focus this week as a number of housebuilders reveal their latest trading updates
1369
Multiple rate rises have impacted first-time buyers greatly, says UK Finance
The number of mortgages handed out to first-time buyers last year was the lowest since 2013, down 22.4% compared with 2022