Business

Plans to tackle the flow of “dirty money” and stop the laundering of ill-gotten wealth in the UK property market will be fast-tracked by the government. The move, first reported on Saturday by Sky News political correspondent Tamara Cohen, comes just days after Russia’s President Vladimir Putin ordered the invasion of Ukraine. The Economic Crime
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British Airways has suffered a major outage, causing several flights to be cancelled and leaving passengers stuck on planes after landing at Heathrow. The airline’s website and app were down for hours on Friday evening, leaving customers unable to check in online or book flights. The airline confirmed that the outage was not due to
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The governor of the Bank of England has warned that large wage rises and price-setting to reflect surging inflation risk embedding rising costs in the economy, resulting in “slow activity and increased unemployment”. Andrew Bailey told the Treasury committee of MPs that the so-called second round effects of the energy-led rise in living costs were
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