Money

In the first three months of 2023, electric vehicle owners expressed a record number of complaints about their vehicles.The Motor Ombudsman received 273 complaints in January–March, 163% more than in 2022 (104).Despite owner worries, this was attributed to the rising number of electric vehicles on the road.One-third of all...

Quiz's shares plummeted after February and March sales fell due to consumers tightening their belts.The group also cautioned that pressures on consumer expenditure were likely to persist and could have an impact on demand for its products, thereby reducing visibility for the coming year.Quiz sells partywear and upscale casual...

Inflation in the United States slowed in March, reducing the likelihood that the Federal Reserve will raise interest rates again next month.According to the US Bureau of Labor Statistics, annual headline inflation in the United States decreased from 6% to 5% in March, below expectations of 5.1%, as monthly...

Experts warn that the weight of electric vehicles could cause multi-story parking garages to collapse across the United Kingdom.Electric vehicles, which are approximately twice as heavy as conventional vehicles, could cause significant damage to parking garage floors, with older, neglected structures most at risk of collapsing.New recommendations for increased...

The chief executive officer of the largest insurance broker in the United Kingdom has warned that the industry will fail if compelled to cover the cost of claims resulting from Russia's invasion of Ukraine."We'd all go bankrupt" if insurers covered war expenditures, according to Howden Group CEO David Howden.The...

The previous year's ebook sales were significantly lower than they were during the height of the pandemic.Nielsen BookData reports that digital book sales declined by 10% in 2022, while physical book sales declined by only 3%.Last year, British consumers purchased 348 million books worth £2.5 billion. This was, however,...

Don't transfer suppliers, has been the advice on energy bills for the past year and a half. It contradicts everything we have been told for the past 20 years, when switching providers frequently was the only way to avoid overpaying.Sky -Rising wholesale gas prices meant that providers like British...

Dignity, a provider of funeral services, has incurred a significant loss due to customers' preference for cheaper services and intensifying competition, which has delayed market share expansion.The Birmingham-based company incurred a loss of £275.3 million in 2022, compared to a profit of £12.1 million in 2021, after incurring total...

Private equity has acquired another British firm ravaged by the pandemic.The US-based Providence Equity Partners has agreed to purchase event organizer Hyve for 108 pence per share, or £481 million.The transaction increased the value of the company's shares, which are traded on the London Stock Exchange, by 10.4%, or...

Dog owners have been warned that they could face fines of up to £5,000 if they violate obscure driving regulations.A survey found that more than one-third of British dog-owning motorists are oblivious to the Highway Code requirement.According to Rule 57, drivers are required to secure their canines using a...

JCB is a phenomenally successful British company. The company, which has its headquarters in the Staffordshire town of Uttoxeter, exports reliable diggers all over the globe. However, malfunctions do occur, and when they do, construction projects can be significantly delayed at a high cost.Microlise, a fast-growing technology firm, helps...

The term "ecosystem" refers to a group of people who work in the construction industry.Tom Hayes spent years in prison, at one point sharing a cell with a murderer, after becoming the first Briton convicted of manipulating Libor rates in 2015.The Serious Fraud Office (SFO) argued that Hayes, 43,...