Poundland owner extracted millions when chain was on ‘knife-edge’, MPs say

Nats chief says he ‘quite enjoyed’ ignoring calls from Ryanair CEO to quit over system outages in September Business live – latest updates The boss of Nats has said he was “the most disliked person in the UK” after air traffic control systems failed twice in September, disrupting flights for hundreds of thousands of passengers. He told an aviation industry conference: “My name is Martin Rolfe, I’m the CEO of Nats – or as I like to think of myself, the most disliked person in the UK in September.

Pump prices stay stubbornly high as leading bank official warns energy costs are likely to remain ‘elevated’ Business live – latest updates The price of diesel on UK forecourts remains stubbornly close to October’s record high of £2 despite a sharp fall in oil prices. A litre costs an average of 197p, according to the AA, which described the situation as “dismal”. By contrast, petrol has fallen 6p to 168p from the peak of 174.7p in early October. That was the highest level since August 2022. Con

We’d like to hear from private renters about rising costs, finding somewhere to live and dealing with landlords Private renters are facing steep rent rises and a shortage of affordable properties, with growing numbers of landlords selling up. The Renters’ Rights Act, which came into force in England in May, introduced new protections for tenants, but many continue to face uncertainty about their housing. While some renters have successfully secured reductions, others are struggling with soaring

Rolling coverage of the latest economic and financial news The allegations over Nvidia are testing relations between Washington DC and Beijing, according to the top US diplomat in China. Ambassador David Perdue told Bloomberg Television: “The situation with Nvidia is another reminder that we have to stay diligent. “National security is part of this economic conversation because economic security is national security. And so, what we’re doing with China is bumpy right now.” Continue reading...