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Major British energy firm fined £569,157 by HMRC after breaching Russia sanctions

Petrofac Facilities Management Limited has been ordered to pay £569,157 to HM Revenue and Customs (HMRC) after breaching UK sanctions imposed on Russia during its withdrawal from the country.The Aberdeen-headquartered energy services company became the first business to be publicly identified after agreeing what HMRC described as a compound settlement, under which a company pays a financial penalty to avoid court proceedings.The breaches occurred during 2022 and 2023 while Petrofac was exiting i...

Migrants using ECHR to avoid deportation will cost £4.9billion as claims skyrocket under Labour

Migrants who use the European Convention on Human Rights to stay in the UK last year will cost the taxpayer £4.9billion over their lifetimes, the Home Office has admitted.Statisticians in the Home Office estimated the cost of granting a migrant the chance to remain because of their right to a family life was £141,000 per individual over their lifetime. The calculation, which has been described as the first of its kind, also took into account that asylum seekers would eventually pay taxes.Around...

US petrol prices ease despite ongoing uncertainties with Iran

US–Iran peace talks ease market volatility, but uncertainty keeps oil prices hovering, complicating recovery efforts.

Burnham's Manchesterism could change the UK, but is not yet a full economic plan

Burnham's Manchesterism could change the UK, but is not yet a full economic planImage source, AFP via Getty ImagesByFaisal IslamEconomics editorPublished1 minute ago"True to the motto of this city, I am going to do things differently," Andy Burnham declared, a reference to the film 24-Hour Party People.His speech in Manchester did indeed show a rather different way of seeing and running the UK.The departing Greater Manchester mayor presented a diagnosis of what has caused economic malaise, roote...

إشراقة جديدة: كل ما تحتاج معرفته عن انطلاق الدوري الإسباني 2026!

إليك السر الذي يجعل وارن بافيت أغنى رجل في العالم: القاعدة رقم 1 للاستثمار!

وارن بافيت، أسطورة الاستثمار، لديه قاعدة واحدة تؤكد على النجاح المالي: استثمر في ما تعرفه. اكتشف كيف حول هذه القاعدة البسيطة إلى ثروة تقدر بـ 100 مليار دولار!

Unlocking Warren Buffett's #1 Investing Secret: How His Simple Rule Created Billions

What if the key to wealth was simpler than you think? Discover Warren Buffett’s #1 rule that has propelled him to a staggering net worth of over $100 billion and learn how you can apply this wisdom to your own investment strategy!

Major British housebuilder collapses into administration with 77 jobs at risk

A South West housebuilder partly owned by former Conservative MP David Heathcoat-Amory has collapsed into administration, putting 77 jobs at risk after efforts to secure a rescue deal failed.Devonshire Homes Limited has appointed administrators from Alvarez & Marsal Europe LLP to oversee the insolvency process after being unable to find fresh investment or raise sufficient funds through asset sales.Only Devonshire Homes Limited has entered administration, with other associated businesses and dev...

Andy Burnham considers new war on free speech with Hugh Grant-backed clampdown on newspapers

Andy Burnham is set to consider a new war on free speech by clamping down on newspapers, with support from a Hugh Grant-backed Hacked Off. Hacked Off has spent 15 years campaigning for state regulation on Fleet Street, and for the second part of the Leveson inquiry into the culture and ethics of the press following the Rupert Murdoch phone hacking scandal. Mr Grant has urged Labour's incoming leadership to revive efforts to tighten press regulation, arguing a change at the top presents a fresh o...

Newsom under fire as California gas tax hike sends pump prices even higher

FIRST ON FOX: California motorists are set to pay even more at the pump starting Wednesday as another gas tax increase takes effect, prompting some of the state's Republican lawmakers to warn that added costs will further squeeze residents already shouldering some of the highest fuel prices in the nation.California’s GOP congressional delegation, led by Rep. David Valadao, R-Calif., is urging Gov. Gavin Newsom, D-Calif., to suspend the planned 2.2-cent-per-gallon hike, which would raise the stat...

Biden's illegal immigration surge caused higher rent and home prices, Fed study finds

A new Federal Reserve working paper found the record surge in illegal immigration during the Biden administration came at a cost to one of the nation's fiercest political debates: higher home prices and rent rates.The findings arrive as immigration remains a defining political issue, with Republicans arguing former President Joe Biden's border policies strained housing and public resources while Democrats have pointed to immigration as helping ease labor shortages and support economic growth.The...

Andy Burnham says he’ll deliver a circuit breaker to transform the U.K. economy if he becomes leader

MANCHESTER, England — Andy Burnham, likely the next U.K. prime minister, pledged Monday to give away a chunk of his power by handing greater autonomy to local leaders in a “circuit-breaker” for the sclerotic British state

How Elon Musk's Daily Routine Generates $300 Million: The Secrets Behind His Billion-Dollar Empire

Ever wondered how Elon Musk manages to rake in a staggering $300 million daily? Discover the daily habits and routines that fuel the visionary behind Tesla and SpaceX, and learn how you can adopt them too!

Sudan says China has waived $50m loan: What’s in it for Khartoum, Beijing?

China and Sudan signed off on a waiver of $50m as Sudan’s military-led government seeks support amid Western sanctions.

Comcast Announces it Will Spin Off NBCUniversal

NBC's parent company, Comcast Corporation, has announced it will be separating into two independent publicly traded companies. Comcast will spin off NBCUniversal and Sky, including NBC News.

Iranian president says $6 billion in frozen assets to be released

Electric vehicles accelerate shift in Cote d'Ivoire

Electric vehicles (EVs) are steadily gaining traction in Cote d'Ivoire, particularly in the ride-hailing sector, as drivers seek to reduce fuel expenses and operating costs.In Abidjan, many drivers working with ride-hailing platforms such as Yango are switching to Chinese-made electric vehicles, citing lower maintenance costs, longer driving ranges and improved passenger comfort.Drivers estimate they can reduce daily operating costs by between 30 and 40% compared with conventional petrol-powered...

EU introduces €3 customs charge on small parcels to curb cheap Chinese imports

Parcels of goods worth under €150 will no longer enjoy ‘de minimis’ exemption, exploited by platforms such as Temu and Shein The European Commission has said it hopes to prevent the “desertification” of Europe’s high streets, as it prepares to introduce a customs tax on small parcels in an attempt to curb cheap Chinese imports.Consumers have been able to buy up to €150 (£129) worth of goods, including fast fashion, cosmetics and toys, without any customs charges as part of a “de minimis” exemp...

Comcast to split into two companies, spin off NBCUniversal and Sky

BREAKING NEWSUpdated 2 minutes agoBusiness NewsBusiness NewsComcast to split into two companies, spin off NBCUniversal and SkyThe move announced Monday will separate Comcast’s media and entertainment assets from its broadband and wireless business.Listen to this article with a free profile00:0000:00A Comcast corporate logo at the top of 30 Rock in Rockefeller Center in New York City in 2023. Gary Hershorn / Getty ImagesShareAdd NBC News to GoogleJune 29, 2026, 6:20 AM EDT / Updated June 29, 2026...

قصة جانسن هوانغ: من غسّال صحون إلى ثروة بقيمة 100 مليار دولار

هل تصدق أن رجلًا بدأ حياته كغسّال صحون أصبح الآن أحد أبرز قادة التكنولوجيا في العالم؟ اكتشف كيف استطاع جانسن هوانغ تحويل حلمه إلى واقع بفضل إبداعه وابتكارات NVIDIA.