BP names new boss as current CEO leaves after less than two years
BP has appointed Meg O’Neill as its chief executive, making her the first female boss of a major oil giant. Source: Original News
Category: Business
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Bank of England expected to cut interest rates
Analysts believe the Bank rate will fall from 4% to 3.75%, lowering the cost of borrowing. Source: Original News
Warner Bros rejects $108bn Paramount bid
Warner Bros will reportedly advise its shareholders to vote against the offer as early as Wednesday. Source: Original News
Starmer tells Abramovich to ‘pay up now’ or face court
The Prime Minister said Roman Abramovich should make good on his pledge that money from the sale of Chelsea FC would go to benefit Ukrainians Source: Original News
Why this month’s inflation figure may be good news for you
The rate of inflation, which charts the rising cost of living, has slowed – driven partly by essentials. Source: Original News
Paddy Power Betfair to pay £2m for slow response to problem gambling
The Gambling Commission said Paddy Power Betfair did not act quickly enough when customers appeared to be engaged in harmful gambling Source: Original News
Weight-loss jab ads banned for exploiting body insecurities
Three social media adverts are found to be irresponsible, with one targeting new mums. Source: Original News
Six-month wait for driving tests set to last until 2027
The National Audit Office said there was a backlog of 1.1 million learner driver tests since the Covid-19 pandemic. Source: Original News
Lower clothing and food prices help inflation fall by more than expected
The 3.2% November figure is down on the 3.6% recorded in the year to October. Source: Original News
New £150m funding package to protect jobs at Grangemouth
The UK government and owners Ineos say the funding will support 500 jobs at the site’s ethylene plant. Source: Original News