More people are reporting their employers for underpaying staff, data shared exclusively with Money has shown.
UK watchdog Ofcom fined Virgin Media £28m for preventing customers from cancelling contracts between 2022-2024. Millions of calls were mishandled, with agents financially incentivized to delay cancellations. Virgin Media has since made changes and apologized.
Seven of the UK's largest housebuilders are being sued by an estimated 700,000 new-build homeowners for alleged sharing of commercially sensitive information. The class action seeks compensation of £3,100-£6,200 per buyer, totaling up to £4.5bn.
Britons are expected to buy nearly 8 million mini fans this year due to a heatwave, but almost half are predicted to be low-quality and end up in landfill within a year. Concerns are rising over e-waste and fire risks from discarded lithium-ion batteries.
EasyJet's board is criticized for accepting a £5.5bn takeover offer from Castlelake at 690p per share, seen as an undervaluation despite the premium. Analysts argue the airline has strong assets and a clear path to higher profitability, suggesting the board gave up too easily.
EasyJet's board is criticized for accepting a £5.5bn takeover bid from Castlelake at 690p per share, seen as a sign of timidity. Despite recent challenges, the airline has a clear path to increased profitability and strong assets, suggesting a higher valuation is achievable.
UK Isa reforms, including the replacement of the Lifetime Isa (Lisa) with a First-Time Buyer (FTB) Isa by 2028, aim to simplify savings but may increase complexity and reduce value for young homebuyers. The new FTB Isa will have no upper age limit but will pay the government bonus only upon property purchase, losing potential compounded interest.
