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Post Office victims’ compensation pot cut by half

The firms has now set aside £244m following over estimations on the number of people who might apply.

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Ikea warns of product delays after Red Sea attacks

The Swedish flat-pack furniture firm says some goods may not be available after rebel strikes on ships.

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Government borrowing higher than expected in November

Government spending rose as benefit payments offset the ending of support for energy bills.

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Social media platform X suffers global outages

Users were unable to view posts on the social media site for just over an hour.

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First protests in Argentina against Milei’s austerity plan

President Javier Milei announces radical measures, including spending cuts and a drastic currency devaluation.

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Warner Bros Discovery and Paramount in merger talks

The firms behind CNN, HBO and Barbie are reportedly in early stage discussions to join forces.

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Temu shoppers risk buying items made by forced labour, MP warns

The Chinese online retailer with the slogan ‘shop like a billionaire’ faces questions over its ultra low prices.

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Starbucks blames ‘misrepresentation’ after Israel Gaza protests

Facing global boycott calls, boss Laxman Narasimhan says: “I pray for peace – immediately’.

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Public pay must reflect rises, ministers say

Government letters to pay review bodies say pay rises should be reflected when setting pay in 2024

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Why is inflation higher in UK than other countries?

Despite recent falls, prices are still rising faster in Britain than other parts of the world.