Edward Johnson 
Student loans in England are expected to cost the government an extra £11bn a year as a result of higher interest rates massively increasing the cost of borrowing, according to analysis by the Institute for Fiscal Studies. The IFS said the huge additional cost was not reflected in either of the government’s official measures of … Read more
Mumbai: Staggered equity investments through monthly plans surged to a record in December, helping draw substantial cash to mutual funds investing in risk assets through a month that saw the main index breach the 21,000 mark. Expectations of interest rates peaking out globally, political continuity after the state election results, and India’s world-leading growth credentials … Read more
This episode originally ran on 11 May 2021. The Post Office brought prosecutions against dozens of its employees after accusing them of theft and false accounting based on evidence from its IT system called Horizon. Janet Skinner was one of those who went to jail for false accounting and last month she was one of … Read more
When Alan Bates ploughed his savings into buying a rural Welsh post office, he was hoping for a quiet life. He would have time to walk the hills of Snowdonia, he thought, while his partner could pursue her love of arts and crafts. But all that ended abruptly when a new Post Office computer system … Read more
Robin Hayes, CEO of JetBlue Airways, speaks to guests following the airline’s inaugural flight from John F. Kennedy Airport in New York to London Heathrow Airport in London on Aug. 12, 2021. Chris J. Ratcliffe | Bloomberg | Getty Images JetBlue CEO Robin Hayes will step down next month, the company said Monday. The airline’s … Read more
Rumble, the so-called free speech alternative to YouTube, is the subject of an investigation by the United States Securities and Exchange Commission (SEC), according to the company and a letter from the SEC. The SEC confirmed its investigation involving Rumble in response to a public records request that WIRED first filed in November, seeking documents … Read more
Shoppers walks past advertisements on the opening day of fast-fashion e-commerce giant Shein, which hosted a brick-and-mortar pop up inside Forever 21 at the Ontario Mills Mall in Ontario on Oct. 19, 2023. Allen J. Schaben | Los Angeles Times | Getty Images ORLANDO, Fla. — Little is known about how much revenue Shein draws … Read more
It is 12 months, almost to the day, since sense prevailed and the government abandoned its reckless plan to privatise Channel 4. The threat to sell the broadcaster after 40 years seemed to be motivated chiefly by political spite, rather than any coherent idea to improve the lot of the UK’s creative industries. Channel 4’s … Read more
A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport on March 13, 2019 in Burlingame, California. Justin Sullivan | Getty Images United Airlines has found loose bolts on door plugs of several Boeing 737 Max 9 planes during inspections spurred when a panel of that type blew off an Alaska … Read more
The fuselage plug area of Alaska Airlines Flight 1282 Boeing 737-9 MAX, which was forced to make an emergency landing with a gap in the fuselage, is seen during its investigation by the National Transportation Safety Board (NTSB) in Portland, Oregon, U.S. January 7, 2024. NTSB/Handout via REUTERS. THIS IMAGE HAS BEEN SUPPLIED BY A … Read more
