Business

‘How could I find £3,000 to pay for my mum’s funeral?’

Image copyright Leyli Beheshty-Zadeh Image caption Leyli had to arrange her grandmother’s and her mother’s funerals within five months in 2016 2016 was a difficult year for Leyli Beheshty-Zadeh. Her grandmother’s death was followed closely by her mother’s, and she found herself having to arrange two funerals in the space of five months. “The vulnerability you feel at this time is immense and indescribable,” Leyli says. When it came to

Worries among tenants over deposit return

Image copyright Getty Images Nearly a fifth (18%) of tenants renting from private landlords say they have waited more than three months to get a deposit back, according to a survey. Mortgage lender the Nationwide said 4% of those asked had a delay of more than six months. A leading deposit protection scheme says the money should be returned within 10 days of the tenant requesting it after they move

Online sellers ‘pay for positive reviews’

Image copyright Getty Images Some online sellers are offering people free goods in return for positive product reviews, an investigation by consumer group Which? has found. Its investigator joined several “rewards for reviews” groups and was hired to write high-rated reviews in return for free items. Paid-for, or fake, reviews flout rules set by platforms such as Amazon and Facebook. A similar investigation by BBC 5 live uncovered the trade

Facebook hires former deputy PM Sir Nick Clegg

Image copyright PA Facebook has hired former deputy prime minister Sir Nick Clegg as head of its global affairs and communications team. The 51-year-old politician was leader of the Liberal Democrats and formed a coalition government with David Cameron and the Conservatives in 2010. Facebook has faced intense scrutiny and the threat of government regulation following the Cambridge Analytica data scandal and alleged election meddling. Several prominent executives have left

Plastic recycling firms accused of abusing market

Image copyright Getty Images The plastics recycling industry faces an investigation amid reports firms are illegally profiting from the market and in some cases polluting rivers. The Environment Agency, the regulator, confirmed it had set up an investigative team and was pursuing “several lines of enquiry”. It comes as councils cut back their plastics recycling services amid a fall in demand for exports to China. Importers are said to be

eBay revs up to take on Auto Trader in car ads

Image copyright Getty Images Online marketplace eBay says it is acquiring the Motors.co.uk website, making it a “leading alternative” to Auto Trader as an ad site for cars. Under the deal, Motors.co.uk would become part of classified ad site Gumtree UK, also owned by eBay. The combined group would offer more than 620,000 car listings, against Auto Trader’s 500,000. The deal is subject to approval by regulators and is expected

How the petrol and diesel ban will work

Image copyright EPA All new cars in the UK will be “effectively zero emission” by 2040, under plans to tackle air pollution. The government is under pressure to bring forward this deadline and ban all sales of new petrol and diesel cars by 2032, after a report by a parliamentary committee described its plans as “vague and unambitious”. But with electric cars currently accounting for less than 1% of new

StarKist Faces $100 Million Fine For Fixing Tuna Prices

SAN FRANCISCO (AP) — StarKist Co. agreed to plead guilty to a felony price-fixing charge as part of a broad collusion investigation of the canned tuna industry, the U.S. Department of Justice announced Thursday. The DOJ said StarKist faces up to a $100 million fine when it is sentenced. Prosecutors allege that the industry’s top three companies conspired between 2010 and 2013 to keep prices artificially high. “We have cooperated

Government borrowing in September lowest since 2007

Image copyright Getty Images Image caption Chancellor Philip Hammond will present his Budget later this month Government borrowing fell by more than expected last month, to £4.1bn from £4.9bn a year earlier. It was the lowest borrowing figure for the month of September since 2007, the Office for National Statistics said. Borrowing for the year to date is 35% lower at £19.9bn, potentially giving Chancellor Philip Hammond room for manoeuvre

Lakeside and Metrocentre owner’s shares soar on bid news

Image copyright Glyn Baker / Geograph Shares in property firm Intu have jumped 13% after it said it was mulling a bid from a consortium of investors. Intu owns a number of big UK shopping centres including Lakeside in Essex, the Metrocentre in Gateshead, and the Trafford Centre in Manchester. The consortium is made up of three companies – the Peel Group, Saudi Arabian firm Olayan and Canada’s Brookfield Property.