[ad_1] Getty ImagesFalling mortgage rates may, at last, be bringing some relief to embattled homeowners and first-time buyers.In a market described as "frenetic", lenders are locked in intense competition for new customers while simultaneously trying to hold on to borrowers already on their books.On supposedly unlucky Friday the 13th alone, big-name providers such as the Nationwide, HSBC and NatWest reduced their fixed rates. In an unusual move, TSB did so
[ad_1] A billionaire investor who predicted the global financial crisis has warned that the US election risks tipping the world’s biggest economy into serious disorder.In a week when candidates Kamala Harris and Donald Trump finally faced each other in a televised debate, Ray Dalio said his biggest fear was for democracy no matter who wins on 4 November.Mr Dalio founded the world’s largest hedge fund and is closely-watched by other
[ad_1] Getty ImagesBelfast shipbuilder Harland & Wolff is running out of cash, putting hundreds of jobs at risk, the BBC understands.The firm, famed for building the ill-fated Titanic, is in crisis talks to save it from collapse.One of the unions representing workers at the shipyard has sent a memo to its members suggesting there is "only funding for the business until the end of this month" and is calling for
[ad_1] The US has proposed rules that would hit many low-value shipments from China with new taxes - a measure aimed at curbing the flood of packages from shopping sites such as Shein and Temu.The Biden administration said the plan was intended to stop "abuse" of an exemption that allowed packages worth less than $800 (£600) to enter the US without facing tariffs and other fees. The US said the
[ad_1] BBCWorcester Bosch, based in Warndon, said it was a market leader in domestic boilersLeading boiler maker Worcester Bosch has said it is considering making redundancies as it looks to cope with financial difficulties.The manufacturer said on Friday it was carrying out a reorganisation across the business, which currently employs about 1,700 staff.The company blamed a drop in sales, as well as factors including the cost of living, a drop
[ad_1] PwC's Chinese arm has been suspended from the country for six months over its work on the collapsed Chinese property giant Evergrande.The Big Four accountancy firm is also being fined more than $62m (£47m) after Chinese authorities said it had helped cover up fraud at Evergrande.The real estate firm went into liquidation in January under a mountain of debt.PwC said it was "disappointed" by its Chinese unit's work, which
[ad_1] Getty ImagesThe proposed merger between Vodafone and Three could lead to higher prices or a reduced service for millions of mobile users, the UK's competition watchdog has said.The Competition and Markets Authority (CMA) said it had particular concerns those customers least able to afford mobile services would be most affected.The CMA has been carrying out an in-depth investigation into the planned merger since March.But Vodafone and Three said they
[ad_1] PAA report found a new railway line was vital to addressing growing strain on the existing West Coast Main LineThe mayors of Greater Manchester and the West Midlands have revealed plans for a new railway line connecting the two regions "at a fraction of the costs" of the scrapped northern leg of HS2. A private consortium has proposed the new 50-mile (80km) Midlands-Northwest Rail Link – running from Lichfield,
[ad_1] Getty ImagesA shop workers' union has won a Supreme Court battle against Tesco over so-called "fire and rehire" plans put forward by the supermarket giant.The row erupted in 2021 after Tesco proposed firing staff at some distribution centres and rehiring them on lower pay.The Usdaw union said it was "delighted to get this outcome".Tesco said it accepted the Supreme Court judgement which it said affected "a very small number
[ad_1] The Renters' Rights Bill, external - which must be approved by MPs and peers - will ban section 21 evictions in England, and introduce a new system for evicting tenants where the landlord has grounds for asking them to leave. If the bill becomes law, new tenants will have a 12-month "protected period" where they can't be evicted if the landlord wants to move in or sell the property.After
