Business

Fashion accessories chain Claire’s is on the brink of collapse after the retailer said it will appoint administrators in the UK and Ireland, putting 2,150 jobs at risk. The company has 278 stores in the UK and 28 in Ireland but has been struggling with falling sales and fierce competition. All the shops will continue trading while administrators at Interpath, …

A number of baggage screeners at Gatwick Airport will strike over a pay dispute in late August, including over the bank holiday weekend, the Unite union has announced. The union claims baggage screeners employed by ICTS are among the lowest paid workers at the airport and earn “just above minimum wage”. Union members will strike from 22 to 26 August …

Epoch, the Japanese company behind Sylvanian Families, filed a lawsuit in New York against the parody account Sylvanian Drama. Source link

Andrea Ormsby BBC News, Devon BBC Mother of four, Chrissie Read, said she “quite often” dreads the school holidays Families are struggling to put food on the table during the school holidays, charities have warned. A community kitchen and foodbank in Okehampton in Devon said a dramatic rise in families needing affordable food had forced it to double the amount …

The Reserve Bank of India (RBI) is likely to maintain current interest rates during its October policy review, according to an SBI report, as inflation in August 2025 is projected to rise above 2 per cent. The analysis, quoted in an ANI report, anticipates inflation could reach around 2.3 per cent, complicating any potential rate adjustments in December. “A rate …

The average two-year mortgage rate has dipped below 5% for the first time since former Prime Minister Liz Truss’s mini-budget in September 2022, figures show. The rate has dropped to 4.99%, according to Moneyfacts, which described it as a “symbolic turning point” for homebuyers and shows lenders are “competing more aggressively”. Interest rates have been cut five times since last …

The American regulatory body had initiated legal proceedings against the industrialists and their organisation a few months ago. (AP file photo) The US Securities and Exchange Commission (SEC) has not yet delivered legal summons to Adani Group chairman Gautam Adani and Sagar Adani, his nephew. The American regulatory body had initiated legal proceedings against the industrialists and their organisation a …

Global satellite operators are competing for India’s $2.3 billion satcom market, which is expected to increase nearly ten times within three years to become one of the world’s largest markets.Several international operators, including Luxembourg’s Intelsat, UK’s Inmarsat, Singapore Telecom, Korea’s KT SAT, Thailand’s IPSTAR, and Indonesia’s PT Telekomunikasi, are increasing their satellite capacity, as reported by Economic Times.These operators intend …

It seems Pakistan has successfully persuaded the Trump administration that controlling BLA is crucial for accessing “critical minerals” in the region. (AI image) The Donald Trump administration’s move to recognise the Baloch Liberation Army (BLA) as a Foreign Terrorist Organisation (FTO) may have its reasons rooted in a desire to mine rare earth deposits in Pakistan. Since the improvement in …

BBC Sam Mézec says Jersey will have problems “if we don’t have a large enough working population” Jersey’s falling birth rate is a “ticking bomb” for the island, the housing minister says. Deputy Sam Mézec said the declining rate, combined with an ageing population, posed a huge challenge. His comments come after a Policy Centre Jersey report based on data …