British Gas fined hard,
£20 million paid for wrongs,
Vulnerable betrayed.
£20 million paid for wrongs,
Vulnerable betrayed.
The regulator say the energy supplier breached licence conditions aimed at protecting customers in vulnerable situations.
Category: Business
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UK borrowing costs rise and pound falls as leadership drama continues
UK debt climbs higher,
Pound tumbles in turmoil,
Burnham’s borrowing fears.Analysts say the moves have been fuelled by concerns a Burnham-led government would increase government borrowing.
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AI could put people off tech jobs and hurt the economy, warns Raspberry Pi boss
Jobs in tech at risk,
Eben Upton raises flags,
AI's threat looms large.Eben Upton warns against claims that Artificial Intelligence will destroy vast numbers of computing roles over the coming years.
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UK economy sees surprise growth in March despite Iran war
UK economy won,
March growth defies forecasts made,
War clouds loom, yet rise.The economy grew by 0.3% in the month, official figures show, confounding analysts' forecasts of a small contraction.
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Higher Europe air fares ‘inevitable’, says industry head
Soaring airfares loom,
Oil prices surge post-conflict,
Europe braces for flight.Flying by air will get more expensive as oil prices remain high after the US and Israel's conflict with Iran.
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Tui sees summer sales fall 10% due to cautious UK customers
UK travelers pause,
Ten percent drop in summer—
Iran fears hold fast.The travel operator says customers are delaying booking holidays over Iran war concerns.
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US inflation jumps to 3.8% as energy costs surge from Iran war
US inflation spikes,
Energy prices soar high—
Iran's conflict rages.The key measure of US inflation rises its highest level since May 2023 as consumers feel the impact of the Iran war.
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UK borrowing costs jump as uncertainty over PM’s future continues
Bond yields now rise,
UK's leaders face turmoil,
Investors on edge.The possibility of a change of leadership in the UK has unsettled some investors and sent bond yields higher.
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How driving test booking is changing for learner drivers
Learners take the wheel,
From May, they book their tests solo,
Instructors step back.From 12 May, only learner drivers can book their own tests, not instructors.
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British Steel nationalisation plans announced by Starmer
Starmer plans to state,
Nationalise British Steel soon,
Legislation in hand.The steelworks has been under government control for almost a year, but leglistation to nationalise it will be put forward this week.