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Claiming Flight Compensation

Claiming Flight Compensation

BBC News26-06-2025
Credit card borrowing costs have reached a 19-year high, with the Annual Percentage Rate hitting 35.7%. The Annual Percentage Rate (APR), refers to the interest you are charged on the total debt or principal amount borrowed, not just the remaining balance.Think of APR like a price tag on a loan - it tells you how much extra you need to pay for borrowing, just like a price tells you what something costs in a shop.Credit cards can be beneficial in how they offer simple and convenient ways to build a strong credit score, enjoy added consumer protection on larger purchases, and allow access to interest-free borrowing.However, there are risks of relying on credit cards too much. Over-reliance could put you at risk of increased interest charges, have a negative impact on your credit score, and ultimately result in debt troubles. Recent research from the Financial Conduct Authority confirmed that 40% of adults with credit or loans said they have anxiety or stress because of debt.If your relationship with debt is causing a strain on your mental health, click here , externalto find where you can get support.For information on the government-backed debt respite scheme, Breathing Space, watch Laura Pomfret's item on iPlayer below.
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Exact date popular crisps brand is bringing back discontinued flavour after two decades
Exact date popular crisps brand is bringing back discontinued flavour after two decades

The Sun

time27 minutes ago

  • The Sun

Exact date popular crisps brand is bringing back discontinued flavour after two decades

THE exact date a popular crisps brand is bringing back a discontinued favourite has been revealed. The flavour has been off supermarket shelves for two decades and is set to make a massive comeback. 2 DETAILS OF THE RETURN Discos, owned by KP Snacks, is set to bring back its pickled onion flavour. The fan favourite was removed from shelves in 2005 but will make a triumphant return on August 27 this year. Punters will be able to purchase the tangy snacks from convenience stores for £1.35 per bag. Fans are delighted at the news that the snacks will be available to buy again in just a few weeks. The snacks will be stocked across the UK with 70 gram bags of the crisps available to purchase. ONLINE PETITION In 2022 a petition to bring back the savoury snack was launched. The online plea to bring back the snack gained 428 signatures and was described as an "important cause." Snack lovers described the crisps as "the best crisps to ever exist" and remembered them fondly. Back when they were discontinued the tasty treat only cost 20p but the price has jumped significantly for their return. When the product return was announced Amy Heap, marketing manager at Discos said: "This legendary flavour has been a fan favourite for years, and its mouth-tingling tang is guaranteed to take your snack game to the next level. "Whether you've loved them forever or you're just discovering their iconic punch, we can't wait for you to tear open a bag and try them." MORE RETURNING PRODUCTS Discos is not the only brand relaunching missed snacks. White chocolate Maltesers made a grand return to shelves earlier this year after a 10-year hiatus. A 30g bag is currently available to buy in Morrisons for £1.05, while a larger 74g pouch costs £1.75. Elsewhere, Opal Fruits, which were rebranded as Starburst in 1998, will now be available across major UK retailers. Customers will be able to purchase the treats from Sainsbury's, Tesco, and Morrisons stores for shoppers to enjoy a taste of nostalgia. Why are products axed or recipes changed? ANALYSIS by chief consumer reporter James Flanders. Food and drinks makers have been known to tweak their recipes or axe items altogether. They often say that this is down to the changing tastes of customers. There are several reasons why this could be done. For example, government regulation, like the "sugar tax," forces firms to change their recipes. Some manufacturers might choose to tweak ingredients to cut costs. They may opt for a cheaper alternative, especially when costs are rising to keep prices stable. For example, Tango Cherry disappeared from shelves in 2018. It has recently returned after six years away but as a sugar-free version. Fanta removed sweetener from its sugar-free alternative earlier this year. Suntory tweaked the flavour of its flagship Lucozade Original and Orange energy drinks. While the amount of sugar in every bottle remains unchanged, the supplier swapped out the sweetener aspartame for sucralose.

UK home building returns to growth as demand lifts
UK home building returns to growth as demand lifts

The Independent

time29 minutes ago

  • The Independent

UK home building returns to growth as demand lifts

UK housebuilding activity returned to growth in June for the first time in nine months, as the downturn across the construction sector showed signs of easing, a new survey shows. But optimism among builders weakened as economic worries clouded the outlook for the future. The latest S&P Global construction purchasing managers' index (PMI) showed a reading of 48.8 last month, improving from 47.9 in May. Any reading above the 50 threshold indicates that activity in the industry is increasing while anything below means it is shrinking. The latest score indicates that construction activity contracted further in June, but the rate of decline was the slowest in six months. Housebuilding was the best-performing area of the industry last month, with residential activity returning to growth for the first time since September, albeit marginally. It follows a boost to the housing industry in recent months as first-time buyers raced to complete purchases before stamp duty relief was cut in April, and UK interest rates have been cut to the lowest level in two years. Furthermore, many large housebuilders have welcomed the Government reintroducing housing targets and taking steps to reform the planning system to reduce bottlenecks. It has also allocated £39 billion to social and affordable homes over the next decade. On the other hand, commercial work – such as offices, shops and warehouses – fell at the fastest pace in five years in June, according to S&P Global's survey. Construction firms attributed the decline to tougher economic conditions and businesses cutting back on investment plans. Civil engineering work also fell for the sixth month in a row and was the worst-performing part of the sector. Meanwhile, optimism among businesses sank to the lowest level in two-and-a-half years amid concerns that demand was waning and competition for new work was intensifying. This also helped drive more cutbacks to staffing among construction firms last month, the survey showed. Tim Moore, economics director at S&P Global Market Intelligence, said: 'June data highlighted a sustained downturn in UK construction output, albeit at the slowest pace in six months. 'Shrinking workloads in the commercial and civil engineering segments weighed on total industry activity.' 'On a brighter note, housebuilding was the best-performing area of the construction sector,' he said, adding that residential work was boosted amid 'reports of more stable demand conditions'.

Formula 1 has pole position in UK's £16bn motorsport industry
Formula 1 has pole position in UK's £16bn motorsport industry

Times

time33 minutes ago

  • Times

Formula 1 has pole position in UK's £16bn motorsport industry

With his neon yellow baseball cap turned backwards on his head and sporting a wristful of beaded bracelets, Lando Norris casually signed autographs for a crowd of fans as he arrived at Silverstone on Thursday. The McLaren driver, 25, is expecting strong support at the Formula 1 British Grand Prix this weekend, especially from those in the 'Landostand', the grandstand newly named after him. He may have looked relaxed but the pressure is on. Wearing the brand's papaya and black colours, the young Briton will be hoping to compound his success at last week's Austrian Grand Prix, against his team mate Oscar Piastri. More than 480,000 people are expected to attend the sold-out event, 160,000 of them on Sunday for the main race. Hype around racing is even more frenzied than usual, driven by Brad Pitt's new film, F1, co-produced by Lewis Hamilton, in which he plays Sonny Hayes, Formula 1's most promising driver in the 1990s until an accident nearly ended his career before he stages a comeback. Although the excitement surrounding the F1 racing event is the most obvious aspect of its impact on the economy around Silverstone, its influence extends well beyond the weekend crowds and into the broader British tech ecosystem. Sport has long been a driver of technological innovation as teams strive to get an edge over one another, and nowhere is this more so than in motor racing. Over its 75-year history the premier motorsport series has brought some extraordinary inventions, including developing a breathing device in only four weeks during Covid, applying pitstop techniques within Great Ormond Street Hospital to cut errors after surgery on infants and introducing regenerative braking on London buses to cut emissions. The financial impact is huge. UK motorsport and engineering services turned over £16 billion in 2023 and employed 50,000 people, according to a report by the Motorsport Industry Association (MIA) and Grant Thornton. From next year, ten of the eleven Formula One teams will have either headquarters or a base in the UK: Cadillac F1 and Audi F1 will both be joining the grid next year and opening facilities in Britain. More than 50,000 people are employed by the 4,500 companies that make up F1's supply chain. Off the track, the popularity of ESports, virtual or 'sim' racing, is gaining ground and proving another lucrative source of income. To capture some of this energy, a group called the Silverstone Technology Cluster was started in 2017 by Pim van Baarsen to foster engineering, software and electronics businesses located by the track, which is nestled almost exactly between Oxford and Cambridge, an area dubbed UK Motorsport Valley. More than half its businesses are in motorsport and automotive but others are harnessing the innovations born out of motorsport to push the boundaries in fields such as aerospace, energy and healthcare. One example, based in the business park around the track, is Dumarey Flybrid, set up in 2007, which developed a small flywheel system for building sites. Its product stores kinetic energy and works alongside a traditional generator to power tower cranes. It started because Formula 1 implemented an 'engine freeze', a rule that stopped further pushes to improve engines and instead challenged racing teams to develop hybrid power systems, and it was the first business to use kinetic energy in motor car racing. Another is Wirth Research, which specialised in computational fluid dynamics, computer simulation used to study flows around objects, in F1 car design. The idea is to help engineers to understand how air moves over a car or how water flows through pipes so they can design things more efficiently and solve problems before building them. Wirth has used this expertise to branch out into products used by supermarkets to improve the efficiency of their chillers and cut energy consumption. British car racing champions play a central role in this halo effect of tech, especially one of the world's most successful: McLaren. Once dubbed the Manchester United of the sport, it was founded in 1963 by Bruce McLaren, a New Zealand-born racing driver who was killed at Goodwood aged 30. Ever since, it has become a global powerhouse in motorsport, winning numerous championships in the 1980s and 2000s with drivers including Ayrton Senna and Lewis Hamilton. It is recognised for its cutting-edge technology, engineering expertise and contributions to the broader automotive and tech industries. The brand is also a magnet for others who want the cachet of its association, and its partners include Dropbox and Lego. Dan Keyworth, director of business technology at McLaren Racing, said the emphasis on tech was only increasing: 'I think it's seen as one of the major battlegrounds across the teams … a lot of the teams will be continuing to focus on the technology race off track: who can bring the best tools, systems, software to the game. 'We have a great phrase here — for every pound we spend on the car, we spend a pound on tools, methods and technology — because there has to be an equitable investment in what we do,' he told the TechRadar website. Racing is not an easy world to be in. McLaren has been under financial strain over the past few years and underwent a substantial restructuring in 2020, cutting more than a thousand jobs, compounded by Covid as supply chains were upended. Then there were problems with its new Artura hybrid sportscar. The latest accounts for Maclaren Racing, filed in September, revealed that it made £431 million in revenue and a profit of £30.4 million for the year ending December 2023. In March last year the Bahrain sovereign wealth fund Mumtalakat bought the McLaren Group, which includes McLaren Automotive, which hand-builds lightweight supercars, and a majority stake in McLaren Racing. Airports such as Heathrow use technology developed by McLaren to receive real-time data on departures and arrivals, allowing them to predict delays and manage congestion. High-performance luxury UK car companies such as Aston Martin, McLaren and Morgan account for a mere 4 per cent of UK car production but are responsible for 12 per cent of its value and employed 15,000 people, according to a recent study by the Society of Motor Manufacturers and Traders. Norris is the most likely British driver to win the Grand Prix but another Brit, George Russell, could also have a chance of victory, with the cooler conditions in England lending themselves to his Mercedes, which struggles in the heat. Hamilton, the nine-time winner, is aiming forten; he is yet to stand on the podium for his new team, Ferrari. Spectators' eyes will be on the hotly contested 2025 British Grand Prix at Silverstone, but there is a far more complex engine under the bonnet, which continues beyond the wave of the chequered flag.

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