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MORNING GLORY: Senator Susan Collins and the nation’s national defense
Extraordinarily gifted legislators in the United States Senate are rare. As preconditions to their effectiveness they must accumulate both significant seniority in the body of 100, and the respect of their ever changing 99 colleagues. It’s a small club — the United States Senate — and everyone knows who has got the ability and the respect to guide big lifts through the (intentionally) complicated process.Maine’s Senator Susan Collins is one of the handful of senators who command the respect of h...
Thousands of pensioners missing out on benefit worth up to £227 a week
Thousands of pensioners across the UK could be missing out on Pension Credit worth up to £227.10 a week, despite the benefit also unlocking free TV licences, council tax support and help with NHS costs.New analysis of Department for Work and Pensions (DWP) data by Which? shows applications for Pension Credit have fallen by 36 per cent over the past year, despite Government campaigns encouraging older people to check whether they are eligible.A total of 209,735 applications were submitted between...
EU halves duty-free steel quota but UK and other partners given better rate
Twelve countries with a free trade agreement with Brussels have their quota reduced by just one-thirdBusiness live – latest updatesThe EU has halved the amount of duty-free steel it will accept from abroad, but has agreed to higher levels of imports for 12 trading partners including the UK.The curbs are designed to reduce cheap Chinese steel coming into the bloc. However, 12 countries with a free trade agreement (FTA) with Brussels, including the UK, have had their quota reduced by just one-thir...
Britons to be impacted by Brexit rules as 'Made in Europe' plans risk derailing UK car sector
UK businesses could be at risk after "Made in Europe" plans put Britain on the back foot for the first time, impacting thousands of jobs nationwide.According to a new report by the Society of Motor Manufacturers and Traders, the new ruling by the European Commission could put investment, jobs and production of the vital car sector at risk. The Made in Europe proposals, alongside tougher rules of origin for automakers coming in next year, will soon hit carmakers with new tariffs. From January 202...
Pensions industry warns heatwaves threaten UK retirement savings
Climate change now poses a growing threat to trillions of pounds held in UK pension savings, according to a new report.It warns that the increasingly extreme weather could damage investment returns and retirement incomes.The Society of Pension Professionals (SPP) said more frequent and severe weather events are disrupting supply chains and reducing economic productivity.It also warned that it's increasing pressure on the financial system, creating risks for pension schemes and long-term savers....
Man dodges jail after falsely claiming £30,000 in Covid loans during pandemic
A fraudster has avoided jail after he falsely claimed £30,000 in Covid loans from the Government. Sohail Cheema, 35, of Wolverhampton, pleaded guilty to fraud and money laundering related to Covid Bounce Back loans and was handed a two-year suspended sentence.The Insolvency Service said he falsely inflated the turnover of a company he set up to find agency work as a bus driver to £60,000.He also applied for two separate bounce-back loans in 2020, when businesses across the UK were only entitled...
Nearly 25% of UK pubs and restaurants lose money, research shows
Hospitality trade bodies’ data published as celebrity chefs and restaurateurs launch campaign for VAT cutNearly a quarter of UK pubs, bars and restaurants are losing money, according to new survey data that came as a group of celebrity chefs and business owners stepped up their campaign for a sector-specific VAT cut.Spearheaded by chef Tom Kerridge, leading figures in the hospitality sector are calling for VAT on the industry to be cut from 20% to 10%. Continue reading...
HMRC names and shames more than 150 high street businesses deliberately avoiding taxes
HM Revenue and Customs (HMRC) has publicly named more than 150 businesses and individuals across Britain after they deliberately failed to meet their tax obligations.The tax authority published its latest list of deliberate tax defaulters on Thursday, with 43 businesses and individuals based in London receiving combined penalties totalling £4.8million.A further 12 Scottish businesses were included on the register, alongside firms and individuals from across the rest of the United Kingdom.Each of...
كيف أصبح برنار أرنو أغنى رجل في العالم؟ اكتشف الإمبراطورية الفاخرة وراء ثروته الضخمة!
برنار أرنو، الاسم الذي يهيمن على عالم الرفاهية. كيف حقق هذه الثروة الهائلة؟ دعونا نستكشف رحلة هذا الرجل الرائد في صناعة الفخامة.
From Leather to Billions: The Incredible Rise of Bernard Arnault, the World's Richest Man
Bernard Arnault's journey from a modest family background to becoming the kingpin of the luxury industry is nothing short of extraordinary. Discover the secrets behind his staggering $211 billion net worth and how he shaped a global empire with brands that define opulence.
Millions of Britons urged to submit meter readings before energy price cap rises on Wednesday
Estimated 5.3m households on standard tariffs without smart meters risk being overcharged for some of June usageMillions of Britons could pay higher energy bills than they need to if they do not submit a meter reading before the price cap rises on Wednesday.The estimated 5.3 million households on standard tariffs who do not have a smart meter have been urged to take action before the new unit rates for gas and electricity take effect. Continue reading...
Shetland set to back £1.5bn plan to connect islands with undersea tunnels
Shetland set to back £1.5bn plan to replace ferries with undersea tunnelsImage source, Estunlar.foImage caption, The Faroe Islands serve as the inspiration from the Shetland tunnels projectByJames Cook, Scotland Editor and John Johnston, BBC Scotland, Reporting fromLerwickPublished29 June 2026216 CommentsUpdated 2 hours agoUndersea tunnels connecting some of the UK's most northerly islands could be in place within eight years, under plans expected to be approved on Tuesday.A feasibility study fo...
Why a mural of Eastenders legend Dot Cotton has appeared in a Welsh village
Why a mural of Eastenders legend Dot Cotton has appeared in a Welsh villageImage caption, Dot and the dragon - two symbols chosen by schoolchildren to represent their Welsh village ByElen Davies, BBC Wales and Chris Wood, BBC WalesPublished29 June 2026Updated 1 hour agoA mural depicting life in a Welsh village has left some people scratching their heads, as it features the Eastenders legend Dot Cotton. The soap character - formerly played by the late June Brown - appears next to a dragon, a mine...
Brompton sells stakes to Decathlon and Chinese Labubu backer
British bike maker says cycling market is recovering from sales slump and investments will add new expertiseThe French sports gear retailer Decathlon and a Chinese investment group that was an early backer of Labubu soft toys have bought stakes in the British folding bike maker Brompton, as its boss said the cycling market was recovering from a slump in sales.Decathlon has acquired a 10% stake in the manufacturer while BA Capital has bought 5% in a deal understood to collectively be worth about...
Chinese tycoon Guo Wengui sentenced to 30 years in US prison for fraud
Guo Wengui, who gained fans for criticising China’s Communist party, was found guilty in 2024 on nine charges including money launderingA US federal court has sentenced exiled Chinese tycoon Guo Wengui to 30 years in prison, after he was convicted of defrauding thousands of people out of more than $1bn.In July 2024, a jury unanimously found Guo, also known as Ho Wan Kwok and Miles Guo, guilty on nine of 12 charges, including securities offences, wire fraud and money laundering. The FBI arrested...
India's biggest share sales tell the story of a country glued to its phones
India's biggest share sales tell the story of a country glued to its phonesImage source, NurPhoto via Getty ImagesImage caption, Jio is expected to raise around $4bn (£3.02bn) with an estimated valuation of $120-160bnByNikhil InamdarPublished22 minutes agoIndia's largest stock exchange and its biggest telecoms operator will both go public by the end of this year in what experts say could be landmark listings for the country's capital markets.Jio Platforms, the digital arm of billionaire Mukesh A...
‘Jackpotting’ crew stole over $500,000 from ATMs along I-95 in Connecticut, FBI says
U.S. news‘Jackpotting’ crew stole over $500,000 from ATMs along I-95 in Connecticut, FBI saysSurveillance photos in the criminal complaint allegedly show the men taking turns taking out cash as it was spewed from the compromised ATMs. Listen to this article with a free profile00:0000:00ShareAdd NBC News to GoogleJune 29, 2026, 11:36 PM EDTBy Jonathan DienstThe FBI in Connecticut said it arrested four men who allegedly stole tens of thousands at a time from ATMs at rest stops along I-95 from Dari...
Chinese tycoon sentenced to 30 years in US jail
Chinese tycoon sentenced to 30 years in US jailImage source, AFP via Getty ImagesImage caption, Chinese businessman Guo Wengui, or Miles GuoByOsmond ChiaBusiness reporterPublished7 minutes agoGuo Wengui, who was once believed to be one of China's richest businessmen, has been sentenced to 30 years in jail in the US for running a billion dollar scam.The former property tycoon had fled China to the US in 2017, where he reinvented himself as a Communist Party critic and built a loyal online followi...
From Rags to Riches: 10 Self-Made Billionaires Who Defied the Odds to Achieve Extraordinary Wealth
What does it take to turn a humble beginning into a billion-dollar empire? Dive into the inspiring journeys of self-made billionaires who transformed their lives—and the world—against all odds.
What to know about the looming deadline on North American free trade
What to know about the looming deadline on North American free trade Image source, Getty ImagesByNadine YousifSenior Canada reporterPublished1 minute agoThe US, Canada and Mexico are staring down a 1 July deadline to decide the future of a long-standing North American free trade pact. All signs point to them blowing past that date without a clear resolution.On Wednesday, trade representatives from all three countries will meet formally for the first time since a review of the USMCA pact began. C...