£100 contactless card limit to be lifted
Card providers can decide whether to offer unlimited payments on contactless cards.
Category: Business
French court rejects Shein website suspension over childlike sex dolls
The fast-fashion giant welcomed the judgement and said its priority remains protecting French consumers.
Will the US TikTok deal make it safer but less relevant?
The key to the app’s success – its algorithm – is to be retrained on US data. Will that make…
Retail sales fall as Black Friday deals fail to lure shoppers
Supermarket sales fell for the fourth month in a row, while discounts did not lift Black Friday spending in November,…
Michelle Mone-linked PPE firm liquidated and unlikely to repay £148m
The firm led by Baroness Mone’s husband Douglas Barrowman breached a contract to supply surgical gowns during the Covid pandemic.
WH Smith probed by regulator over accounting error
The retailer says it plans to claw back bonuses awarded to executives at its North America business as a result…
TikTok owner signs deal to avoid US ban
The deals would end years of efforts by Washington to force ByteDance to sell its US operations.
A 45% school bus fare hike is too much, says dad
Ambi Ambituuni now expects to pay more than £300 a term for his daughter’s bus journeys.
AI likely to displace jobs, says Bank of England governor
Andrew Bailey says workers need to be trained to move into jobs that use AI, but adds it might not…
Interest rates cut to 3.75% but further reductions to be ‘closer call’
The decision to lower borrowing costs was widely expected, after inflation slowed in the year to November.