Business

A baby bank has been forced to throw away supplies destined to help families after they became damp and mouldy. The group, which is based at the West Marsh Community Centre, in Grimsby, said a shipping container it uses for storage has started to leak due to its age. Leanne Hudson, one of the founders, said she is worried they …

Getty Images All pensioners with an income of less than £35,000 will qualify for the payment The Scottish government says it will no longer offer its new winter fuel payment for pensioners on a universal basis. It said it would seek to recover funds via the tax system from pensioners earning more than £35,000 – matching a move by the …

Aida Fofana BBC News, West Midlands Steven Smith Steve Smith said he had called to buy back the business but was too late The founder of Poundland has said he tried to buy the firm back when he heard it was up for sale. Steve Smith’s business venture began on a market stall in Bilston where he sold items for …

Food shopping accounts for the biggest proportion of households’ “basic spending” in Northern Ireland, according to research from the Consumer Council. That is the highest level since it started monitoring these figures two years ago. It comes as the rate at which prices are rising, known as inflation, remained unchanged last month at 3.4%. Jessica Ireland, from Londonderry, regularly posts …

The Annual Pass is available only on the Rajmargyatra mobile application and NHAI website. FASTag-based annual pass for national highways: In a big relief for frequent travellers, Road Transport and Highways Minister Nitin Gadkari on Wednesday announced a new FASTag-based annual pass. The new FASTag annual pass will be available for Rs 3,000. It will be effective from August 15, …

The boss of OpenAI, Sam Altman, says members of his team have been getting “giant offers” from rival tech firm Meta, including $100m (£74.3m) “signing bonuses.” Meta – which owns Facebook, Instagram and WhatsApp – is attempting to boost the artificial intelligence (AI) side of its business, including recently spending $14bn (£10.4bn) to buy 49% of the startup, Scale AI. …

The first India-manufactured Falcon 2000 aircraft will likely be ready by 2028. (Image source: Dassault) NEW DELHI: French aerospace major Dassault Aviation has tied up with Anil Ambani’s Reliance Aerostructure to manufacture Falcon 2000 business executive jets in India for the global markets. India will soon join the club of countries that make business jets which so far includes US, …

Infosys co-founder Nandan Nilekani is expected to lead a new task force focused on digitising and decentralising India’s power sector, according to officials familiar with the matter.If formalised, this will mark the second time the government has sought Nilekani’s expertise to shape reforms in the power domain.The proposed task force will operate under the Ministry of Power and be funded …

Food shopping accounts for the biggest proportion of households “basic spending” in Northern Ireland, according to research from the Consumer Council. That’s the highest level since it started monitoring these figures two years ago. Mum of three Jessica Ireland from Londonderry posts videos comparing the cost of her food shopping on TikTok. Read more here. Source link

UK inflation remained at 3.4% in the year to May as cheaper air fares offset higher food prices as the cost of chocolate and meat rose. The pace of price rises was the same as in April, following a revision by the Office for National Statistics (ONS), and means that inflation remains at its highest for more than a year. …