“Decoding Dollars: The Psychological Impact of Offering Money for Good Grades to Children”
BusinessMole
by Jeff Newmond
3h ago
As the academic year comes to an end, some parents are setting aside hundreds of pounds to reward their children for achieving specific grades. While this practice has been met with criticism from some parents, others have reported seeing an increase in their child’s focus and motivation after offering cash incentives. Among those who have seen success with this approach is Sarah Cook... Source ..read more
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List of Dates and Airlines Affected by Heathrow Strikes Causing Flight Disruption
BusinessMole
by Jeff Newmond
3h ago
Heathrow Airport Staff to Strike on Early Bank Holiday, Multiple Strikes Expected in Coming Weeks On the early bank holiday in May, staff at Heathrow airport will be going on strike, potentially causing delays and disruptions for travelers. The Unite union, representing the workers, has warned that planes could be grounded as a result of the strike. This is just one of several strike dates planned... Source ..read more
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‘Post Office Scandal Goes Beyond Horizon, Says Lawyer Representing Victims’
BusinessMole
by Jeff Newmond
3h ago
Post Office Scandal Goes Beyond Faulty Horizon Software, Lawyer Says According to a lawyer representing victims, the Post Office scandal extends far beyond the faulty Horizon software. Paul Marshall, who is representing former sub-postmasters, has stated that issues with third-party systems in Post Office branches have been overlooked. A 2013 report, commissioned by the Post Office but not made... Source ..read more
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Ryanair files lawsuit against Nats air traffic control for causing significant flight delays
BusinessMole
by Jeff Newmond
3h ago
Ryanair has announced that it will be taking legal action against the air traffic control body, Nats, over the flight chaos that occurred last summer. The disruption caused more than 700,000 passengers to suffer cancellations and delays, resulting in Ryanair being forced to pay out approximately £15m in compensation. The low-cost carrier’s chief executive, Michael O’Leary, stated that the chaos... Source ..read more
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President Biden signs new law to ban TikTok, company promises court battle
BusinessMole
by Jeff Newmond
3h ago
TikTok Vows to Fight Against New US Law Threatening Ban TikTok, the popular video-sharing app, has promised to fight against a new law that could potentially ban it in the United States. The app’s CEO, Shou Zi Chew, declared in a video on the platform that “we aren’t going anywhere” despite the recent development. The law, approved by President Joe Biden, states that TikTok will be blocked in the... Source ..read more
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Lloyds experiences significant decline in profits after record-breaking year
BusinessMole
by Jeff Newmond
3h ago
Lloyds Banking Group, Britain’s largest mortgage lender, has reported a significant drop in profits for the first quarter of 2024. The company, which includes subsidiaries such as Halifax and Bank of Scotland, announced pre-tax profits of £1.6bn, a 28% decrease from the same period last year when it reported £2.3bn. Despite the decline, Lloyds stated that these results were in line with their... Source ..read more
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Former England and Liverpool Football Star, John Barnes, Disqualified as Company Director for Delinquent Tax Payments
BusinessMole
by Jeff Newmond
3h ago
Former England and Liverpool football star, John Barnes, has been banned from being a company director for three-and-a-half years after his company, John Barnes Media Limited, failed to pay almost £200,000 in tax. According to the Insolvency Service, Barnes signed a disqualification undertaking, which prohibits him from serving as a company director, following an investigation that was launched in... Source ..read more
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Bank suffer major losses Losses of significant proportions incurred by Tesla, Ryanair, and Lloyds Bank
BusinessMole
by Jeff Newmond
3h ago
On the latest episode of the program, host Ian King shared some major updates from the automotive and banking industries. According to King, electric car giant Tesla has announced its plans to launch new vehicle models in the first half of next year. This comes as the company, led by CEO Elon Musk, reports a decline in sales and net profits. To gain further insights on the matter... Source ..read more
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Facebook owner’s increased spending projections cause Meta shares to lose $125bn
BusinessMole
by Jeff Newmond
3h ago
Shares in Meta, the parent company of popular social media platforms Facebook, WhatsApp, and Instagram, experienced a significant drop in after-hours trading in New York on Wednesday. The decline was sparked by the company’s announcement that it had revised its cost forecast for the current year. According to Meta’s first-quarter results, the company expects to incur additional expenses to fund... Source ..read more
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Guinness signs £40m deal to become Premier League’s new beer partner
BusinessMole
by Jeff Newmond
3h ago
The English football Premier League has announced a new £40m sponsorship deal with Diageo-owned brand Guinness, beating out competition from Heineken. The agreement, set to begin next season, will provide a significant financial boost to the league and its 20 clubs, including Everton, Manchester City, and Sheffield United. According to sources, the deal is worth £10m per year and has not yet been... Source ..read more
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