Business

WASHINGTON (Reuters) – Credit-reporting company Equifax Inc will pay up to a record $650 million to settle U.S. federal and state probes into a massive 2017 data breach of personal information, authorities said on Monday. The largest-ever settlement for a data breach draws to a close multiple probes into Equifax by the Federal Trade Commission, […]

Image copyright Getty Images The UK’s telecom regulator has said Three is the only major UK mobile network to have “refused” to automatically cut its customers’ monthly charge at the end of their contract’s lock-in period. As a result, Ofcom said, the firm’s subscribers would “overpay” unless they took action to change to another deal.

Image copyright Getty Images The Department for International Trade is to be given part of the official £14bn aid budget. It will spend the funds on helping developing countries learn from UK expertise on trade deals and attracting foreign investment. The move will see Liam Fox’s department spending funds earmarked as Official Development Assistance. The

Image copyright Getty Images Trading on China’s new Nasdaq-style technology board began on Monday and got off to a solid start. Most shares on the so-called Star market, operated by the Shanghai Stock Exchange, surged on debut. Last year China said it would launch the technology-focused trading board, as it sought to build on Shanghai’s

Image copyright Getty Images Image caption There are also calls for an independent regulator to target rule-breaking bailiffs Body-worn cameras are to be compulsory for bailiffs under government plans to improve the treatment of people in debt. The Ministry of Justice (MoJ) said the move should help protect those in debt from “intimidation and aggression”

A senior Whirlpool executive has apologised to customers affected by the saga of dangerous tumble dryers sold for 11 years in the UK. Whirlpool is now launching a full recall of any remaining fire-prone dryers, nearly four years after first alerting people to the safety issue. Speaking to the BBC, its vice-president Jeff Noel defended

Media playback is unsupported on your device Media captionPhilip Hammond: ‘All the polling suggest Boris Johnson will win… and I am making my plans accordingly’ Philip Hammond has told the BBC he intends to resign as chancellor if Boris Johnson becomes the UK’s next PM. He said a no-deal Brexit, something Mr Johnson has left

Image copyright Getty Images Image caption The proposal would allow renters in England to check up on their prospective landlord A database of rogue landlords would be opened up to prospective tenants under government plans. The Rogue Landlords Database was launched in 2018 and includes those who have been banned for failing to make a

Image copyright Getty Images Image caption You want – how much? How much are you worth? Or rather – is the answer to that question equal to the sum paid into your bank account by your employer? If not then you need to ask for more, and that means you have to negotiate with the

Image copyright Getty Images The government says it will crack down on the use of workplace “gagging clauses” to cover up allegations of harassment, discrimination and assault. Many businesses use non-disclosure agreements (NDAs) to protect commercially-sensitive information. But bosses have been accused in high profile cases of using the clauses to silence victims of workplace