TSB pledges to refund fraud victims
Craig TaylorThe “fraud refund guarantee” covers customers tricked into authorising payments to fraudsters. BBC News – Business
Business
Brexit: British Steel seeks £100m government loan to meet EU rules
The steelmaker is asking for help after the EU froze UK companies out of its carbon credits scheme. BBC News – Business
LK Bennett bought but 15 stores to close
bethkent ✅High-end fashion chain LK Bennett has been bought out of administration saving 325 jobs however, they are closing 15 stores – 110 jobs will be lost. LK Bennett has been bought by Byland UK which was set up by Rebecca Feng who runs the companies Chinese franchises. The sale includes the company’s headquarters, 21 stores…
Jet Airways cancels international flights as crisis deepens
It comes after the struggling Indian airline grounded 10 more planes over unpaid fees to leasing firms. BBC News – Business
Rail firms face £7.5bn pensions gap, says regulator
The issue has already led the Department for Transport to bar Stagecoach from bidding for franchises. BBC News – Business
World economy facing delicate moment, IMF says
The International Monetary Fund downgrades global growth for 2019, seeing “many downside risks”. BBC News – Business