GM Expects $500M Tariff Refund After Supreme Court Ruling
General Motors anticipates a $500 million tariff refund after the Supreme Court struck down Trump-era IEEPA levies, boosting its 2026 earnings outlook to $13.5-$15.5 billion.
Category : Regulations
Lloyds IT Glitch Now Affects Over 530,000 Customers
Lloyds Banking Group discloses an additional 80,000 customers may have been affected by a March IT glitch, raising the total to over 530,000. Payouts exceed £263,000.
Salmonella Outbreak Tied to Sprout Seeds Hits 50 in Europe
A Salmonella Bovismorbificans outbreak linked to sprout seeds from Italy has sickened 50 people across eight European countries, with five hospitalized. Recalls issued in UK and Ireland.
Lloyds Reveals 80,000 More Customers Hit by Tech Glitch
Lloyds Banking Group says an additional 80,000 joint account holders may have been affected by a March IT glitch, with over £260,000 paid out in goodwill.
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Lloyds Bank: 80,508 More Customers Hit by IT Glitch
Lloyds Banking Group says an additional 80,508 customers may have had financial details exposed in a March IT glitch, bringing total affected to over half a million.
Nationwide clarifies refund rules for replacement card
Nationwide Building Society has clarified that refunds on card purchases will still process via Visa even if the customer has a replacement card, and advises contacting the retailer if delays occur.
British Duo Sued Over Prosecco Name Misuse
A British father and son face a High Court trial over claims they misused the protected Prosecco name, selling non-genuine sparkling wine as Prosecco.
Taylor Wimpey Warns of Rising Build Costs Amid Higher Energy Prices
Taylor Wimpey warns of rising build costs due to Middle East conflict driving energy prices higher, with shares hitting 13-year low.
Lloyds Bank: 80,500 More Customers Affected by IT Glitch
Lloyds Banking Group confirms an additional 80,508 customers may have had transaction details exposed due to a March IT glitch, raising the total potentially affected to over half a million. The bank has paid over £200,000 in compensation.
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Woolworths Broke Internal Pricing Rules, Court Hears
An ACCC trial against Woolworths enters its second week, with a pricing manager admitting the supermarket violated its own rules to disguise price increases on hundreds of products.
EE Failed to Change Broadband Deal After Husband's Death
A widow struggled to change her late husband's expensive EE broadband and TV contract, facing termination fees and unfulfilled promises until intervention.
Nationwide on Passkeys and Account Security Changes
Nationwide Building Society has responded to customer queries about adopting passkeys following NCSC advice, confirming no immediate changes but promising communication.
Musk Nears Launch of X Money ‘Everything App’
Elon Musk is close to launching X Money, a banking and payments platform on X, offering 6% savings and 3% cashback, despite regulatory hurdles and concerns from Senator Elizabeth Warren.
FCA Car Finance Payout Scheme Clears Legal Hurdle
The FCA's £9.1bn motor finance compensation scheme moves forward after the Finance and Leasing Association and major lenders decide not to challenge it, despite concerns.
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Treasury warned landfill tax risks coastal jobs
The Treasury's plan to apply landfill tax on stabilisers used in dredging could make projects unviable and risk job losses in coastal communities, warns British Ports Association.
Santander to Pay Car Finance Compensation to Drivers
Santander agrees to compensate thousands of drivers for unfair car finance deals, part of a £7.5bn scheme affecting 12.1 million agreements, with average payouts of £829.
Car finance mis-selling: millions to get £829 avg payout
Thousands of bank customers will receive compensation after car finance mis-selling. The FCA expects £7.5 billion in redress for 12.1 million deals, with average payouts of £829.
Greggs Tests Anti-Theft Counters in Three UK Cities
Greggs trials anti-theft counters in London, Birmingham, and Nottinghamshire to combat rising shoplifting, as thefts hit a 20-year high.
Airsprung bed firm on brink of administration after 150 years
Airsprung, a UK bed and upholstery firm trading for over 150 years, has filed a notice of intention to appoint administrators due to financial challenges.
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Dog Attacks: Owner and Environment Key, Not Breed
A new study from the University of Lincoln reveals that owner behavior, environment, and dog history are the key factors in dog aggression, not breed.
West Brom Docked Two Points for Financial Rules Breach
West Brom have been docked two points for breaching EFL financial rules, dropping them closer to relegation with two games left in the Championship season.
US Justice Dept Backs Musk's xAI in Colorado AI Law Challenge
The US Justice Department has intervened in Elon Musk's xAI lawsuit against a Colorado AI regulation law, arguing it violates equal protection and free speech.
Norse Atlantic CEO Warns More Flight Cancellations Likely
Norse Atlantic Airways CEO Eivind Roald warns competitors will cancel more flights as Iran conflict drives jet fuel costs up over 100%, leading to industry consolidation.
FCA Joins Global Crackdown on Illegal Finfluencers
The FCA is among 17 regulators in a week of action against illegal finfluencers, issuing 120 takedown requests for 1,267 illegal adverts reaching over 2.3 million UK accounts.
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200K+ Heated Socks Recalled from Costco After Burn Reports
More than 200,000 pairs of 32 Degrees Heated Socks sold at Costco are recalled after reports of second-degree burns. Shoppers urged to stop use and return for refund.
Annie Knight: Six-Figure Monthly Earnings, Prefers British Men
Annie Knight reveals she makes six figures monthly from OnlyFans, owns a $3M house and three investment properties, and believes British men are better lovers than Australians.
HMRC Letters Alert Britons to Unclaimed £2,000 Trust Funds
HMRC is writing to 21-year-olds with unclaimed Child Trust Funds, averaging £2,200. Over 750,000 accounts hold £1.5 billion. Use Gov.uk or Share Foundation to claim.
FCA in Global Crackdown on Illegal Finfluencers
The FCA is among 17 regulators globally in a week of action against illegal finfluencers, issuing 120 takedown requests and identifying 1,267 illegal adverts reaching over 2.3 million UK accounts.
Meta Cuts 10% of Jobs to Offset AI Investments
Meta announces layoffs of nearly 8,000 employees, about 10% of its workforce, as part of restructuring to offset investments in artificial intelligence and improve efficiency.
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Trump Admin to Reclassify Marijuana to Schedule III
The Trump administration proposes moving marijuana from Schedule I to Schedule III, easing federal restrictions and acknowledging medical benefits.
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