Serco shares fall on Australian contract loss and changes to UK national insurance

Volkswagen fined £5.4m for mistreating customers; UK interest rates ‘to fall to 2.75%’ next year – business live

Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of its failings.. Volkswagen Financial Services has apologised for the ...

World - The Guardian - October 21

Bank of England cuts UK interest rates again despite modest budget-related inflation spike

The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2%

World - ABC News - Yesterday

Bank of England cuts main interest rate by a quarter-point to 4.75% after UK inflation falls

World - ABC News - Yesterday

Why Georgia’s EU future is on the ballot in historic parliament vote

Also in this newsletter: Russian migrant-smuggling ring busted

World - Financial Times - October 25

Home insurance premiums to keep rising in ‘difficult year’

Insurers are attempting to stem persistent losses on their underwriting

World - Financial Times - October 20

Veterans Dept. Investigating Acadia Healthcare for Insurance Fraud

Several federal agencies are investigating whether the large chain of psychiatric hospitals held patients without medical justification.

Health - The New York Times - October 18

Art-insurance disputes do not make for a pretty picture

Ronald Perelman’s $410mn lawsuit shines a light on the conflicts between collectors and insurers

Business - Financial Times - October 31

Trump’s return turns the tables for US health insurers

President-elect’s victory opens up a new schism between the sector’s haves and have-nots

World - Financial Times - 2 days ago

Australian territory resumes jailing 10-year-olds

Australia has been under pressure to raise the age of criminal responsibility, in line with UN advice.

Australian teen denies murdering British mum

Emma Lovell, 41, was fatally stabbed during the break-in at her Brisbane home, a court hears.

‘Not my King’ protest row highlights Australian divisions

An Aboriginal senator's heckling of the King ignites debate about how to best address inequality in Australia.

Australian businesses complain they are ‘public enemy number one’

Labor government adopts increasingly populist position ahead of general election due in May

World - Financial Times - October 28

Huge Australian 'fiasco' ship to be mothballed in Edinburgh

Newly-built Spirit of Tasmania is too large to fit the port facilities in Tasmania, so will be stored at Port of Leith.

Woolworths Cuts Expectations for Australian Food Earnings

Australian grocer Woolworths expects fiscal first-half earnings in its key Australian food division to be below previous expectations, as customers continue to be price conscious when facing cost ...

Business - The Wall Street Journal - October 29

Australian man cleared of murdering British woman during break-in

Emma Lovell was fatally stabbed after confronting two intruders in a suburb north of Brisbane in 2022.

Radiohead singer confronts Gaza protester at Australian gig

Thom Yorke hit back at the fan after he heckled the singer over death numbers in Gaza during a performance in Melborne.

Latest in Serco shares fall on Australian contract loss and changes to UK national insurance