Business

The number of Americans applying for unemployment benefits increased slightly last week, reflecting that employers are retaining workers despite the economy showing signs of slowing down.According to the figures released by the US labour department on Thursday, for the week ending 30 August, jobless claims rose by 8,000 to 237,000. The rise was higher than the 231,000 applications economists had …

CrossCountry train drivers are to strike in a row over the company not following agreed disciplinary and grievance processes, according to a union. Aslef said its members would walk out on 3 October and refuse to work non-contractual overtime from 21 September because of the company’s “persistent refusal” to adhere to guidelines for disciplinary proceedings. It comes after members of …

UK government long-term borrowing costs have eased after reaching their highest level since 1998 earlier in the week. The interest rate on 30-year government bonds, known as the yield, slipped to 5.55%, dropping from a high of 5.75% on Wednesday. Although bond yields have been rising globally, there have also been market concerns about UK government finances. However, Bank of …

The jobs of thousands of Lloyds Banking Group staff are at risk as part of a performance shake-up at the financial firm. The banking group is set to tell those it deems are among the weakest performing 5% that they could be made redundant unless their work improves. It marks the second time in less than two years that thousands …

Liv McMahonTechnology reporter Getty Images The world’s biggest destination for illegal streams of live sports events has been shut down, according to a leading anti-piracy group. The Alliance for Creativity and Entertainment (ACE) said on Wednesday it had teamed up with police in Egypt to close down Streameast, which had been visited more than 1.6 billion times in the past …

Three students share their savvy tips for saving money at university. Source link

Tom EdwardsTransport correspondent, London Reuters Tube users are facing five days of disruption London Underground services are set to face disruption from Sunday to Thursday as workers walk out in a rolling action over pay and conditions. Members of the Rail, Maritime And Transport union (RMT) are staging the five-day walkout. Here’s what you need to know about the industrial …

Firmus Energy has announced its gas price in the Ten Towns area will fall by almost 8% in April, which is the equivalent to £78 a year for a typical customer. The price cut follows a review by the Northern Ireland Utility Regulator. The regulator imposes price controls on the major incumbent suppliers – electricity firm Power NI; SSE Gas …

A new support scheme has opened to help low-income households with the rising costs of energy and water. Portsmouth City Council’s utilities payment scheme offers £150 for eligible single households, or £200 for couples and families in the city. Council leader Steve Pitt said the launch came just after the latest energy price cap announcement that gas and electricity bills …

President Donald Trump has asked the US Supreme Court to overturn a lower court decision that found many of his sweeping tariffs were illegal. In a petition filed late on Wednesday, the administration asked the justices to quickly intervene to rule that the president has the power to impose such import taxes on foreign nations. A divided US Court of …