Warning UK losing £2,300 per minute to fraud
Craig TaylorBank industry group UK Finance calls for tech firms to help reimburse fraud victims. BBC News – Business
Business
Tesco chairman denies inappropriate touching
John Allan refutes allegations he touched women during events at the supermarket and CBI. BBC News – Business
Mortgage refused ‘for hosting Ukrainian refugees’
Halifax apologises to a Money Box listener after rejecting his home loan application. BBC News – Business
Bunting, biscuits, beer – Brits spend on Coronation
The public is on course to shell out £200m on food and drink this weekend, one retail body predicts. BBC News – Business
Kanye West Yeezy loss is hurting us, admits Adidas
Ending its collaboration with Kanye West hit sales at the start of the year, says sportswear giant. BBC News – Business
Fed raises US interest rates to highest in 16 years
The US central bank announces its tenth rate rise, while signalling it may be the last increase for now. BBC News – Business