Lloyds predicts UK house prices will fall 8% next year
The UK’s biggest mortgage lender says property prices will drop next year then stagnate for another four.
Credit Suisse cuts 9,000 jobs to stem losses
After a series of scandals and financial losses the Swiss banking giant is cutting jobs and restructuring the business.
Ticketless train travellers to face £100 penalty
The government says penalty fares will rise from £20 to £100 in January.
World facing ‘first truly global energy crisis’, report says
Russia’s invasion of Ukraine will have long-lasting effects on energy supply, a new report says.
Thai transgender tycoon buys Miss Universe contest
The purchase of the firm, once co-owned by Donald Trump, comes as the pageant becomes more inclusive.
Lee Jae-yong: Samsung appoints convicted heir to top job
Lee Jae-yong was found guilty of bribery and embezzlement before being granted a presidential pardon.
California’s cannabis-growing nuns pray for profits
The income the Sisters of the Valley make from growing cannabis is at half its pre-pandemic level.
Crunch time as crisp makers adopt plastic-free packets
While the big producers ask for more time, smaller businesses are going biodegradable.
Made.com furniture website on brink of collapse
The online retailer says talks with potential buyers had failed, pushing it towards administration.
Energy bill help for all is too expensive, warns the World Bank
Some Covid help was not targeted enough and the same is happening with energy bills, its president says.
