EU ambassadors have agreed in principle to use the profits from frozen Russian assets to help Ukraine. Source link
Category: Business
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E-gate outage lessons 'must be learnt'
The airport technology failure means the government has to “learn lessons”, Lord Foster of Bath says. Source link
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Brewdog boss James Watt steps down from CEO role
James Watt co-founded the Scottish brewery and pub group in Aberdeenshire in 2007. Source link
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US revokes licences for sales of chips to Huawei
The US confirmed it revoked licences allowing the export of some goods to Chinese tech giant. Source link
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Fraud victim’s 18-month fight for £80,000 refund
It recovered a further £20,000 two months later but only refunded the remaining £43,000 in April this year – 18 months on from when the fraud took place – after Carol took her case to the Financial Ombudsman Service, which ruled in her favour and ordered Tide to refund the money, plus thousands of pounds...
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TikTok sues to block US law that could ban app
TikTok said the measure was an “extraordinary intrusion on free speech rights”. Source link
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Disney bets on sequels and password crackdown
Boss Bob Iger says sequels are cheaper to make because they save on marketing costs. Source link
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P&O boss admits he couldn’t live on £4.87 an hour crew pay
The P&O boss was asked if he could live on £4.87 an hour. “No, I couldn’t,” he replied. He also admitted that last year he was paid a salary of £325,000 and received a bonus of £183,000 last April. The ferry group gained notoriety two years ago when it made 786 staff redundant before replacing...
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Nintendo breaks silence on new console… sort of
After months with no official news, the Japanese game-maker promises some within the next 10 months. Source link
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Housebuyers facing 'significant' cost pressures
Mortgage deals have been rising as expectations of an imminent interest rate cut fade. Source link