Lloyds Banking Group has been forced to put aside a further £700m for potential compensation over the ballooning car loan commission scandal, in a move that knocked its annual profits by 20%. The latest provision marks a notable jump in the bank’s estimates for the potential cost of the scandal and brings the sum it…
Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in the Hart Senate Office Building on Capitol Hill on February 11, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images Members of the U.S. Federal Reserve’s rate-setting committee unanimously agreed to hold rates steady in January because they were,…
Friedrich Merz, Union candidate for chancellor and CDU federal chairman, joins the “Quadrell” TV round in the Bundestag election campaign. Michael Kappeler | Picture Alliance | Getty Images Friedrich Merz, migration hardliner and longtime rival of Angela Merkel, is expected to become Germany’s next chancellor. His party the Christian Democratic Union is leading polls alongside…
Tim Cook, chief executive officer of Apple Inc., during the first day of in-store sales of Apple’s latest products at Apple’s Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024. Victor J. Blue | Bloomberg | Getty Images Apple announced a new iPhone model on Wednesday that is priced lower than its…
Village officials in the Philippines are handing out cash rewards to residents who capture mosquitoes in a bid to combat an outbreak of dengue. At the Wednesday launch, residents from the village of Addition Hills in metropolitan Manila lined up with plastic cups and bags containing their captures as they waited to receive their bounty:…
Francesca Gillett BBC News @HP_SDRF/X The local rescue team said the terrain was “challenging” as they stretchered the man down the mountain A British tourist has died while trekking with a friend in the Himalaya mountains in northern India. The two British men were hiking in “extremely difficult terrain” near the village of Thathri in…
A brutal bad beat took place at the end of the Cincinnati-West Virginia game on Wednesday night. WVU bettors, close your eyes. The Mountaineers entered the game as 3.5-point favorites, and with fewer than 15 seconds left, they led the Bearcats by nine, 62-53. That’s when things got wacky. With 15 seconds left in the…
Donald Trump says he believes Russia “have the cards” in any peace talks to end the war in Ukraine because they have “taken a lot of territory”. The US president told the BBC he trusted that Moscow wants to see an end to the war, which Russia started when it waged a full-scale invasion almost…
Donald Trump has signed an executive order aimed at ending federal benefits for people in the country illegally, his latest in a blizzard of moves to crack down on immigration. The White House said the order seeks to end “all taxpayer-funded benefits for illegal aliens” but it was not clear which benefits will be targeted….
Mark Mitchell scored a career-high 31 points, Caleb Grill had 25 points and matched his career high with 10 rebounds and No. 15 Missouri handed No. 4 Alabama its second straight loss, 110-98 on Wednesday night. Missouri coach Dennis Gates headed off a court-storming celebration by taking the public address microphone and imploring the crowd…
