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‘The flying bum’: can a UK firm making huge airships finally get off the ground?

It’s a dreary day in Bedford, but on a flight simulator the skies above San Francisco airport are blue and the wind is low. That is a good thing, because there is an amateur at the joystick of the world’s biggest aircraft.The flight simulator models trips by the Airlander 10, which is part airship, part aeroplane. If all goes to plan for its designer, Hybrid Air Vehicles (HAV), two dozen will be built each year from 2030 at a factory in Doncaster, South Yorkshire.The virtual 98-metre aircraft noses its way into the air gently, responding gradually to adjustments to its heading about 300 metres (1,000 feet) over the city

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Just Eat Takeaway.com bought by South Africa’s Prosus in €4bn deal

The food delivery business Just Eat Takeaway.com has been snapped up by an investor in its German rival Delivery Hero for €4.1bn (£3.4bn), two months after it left the London Stock Exchange.Just Eat’s board has unanimously approved the takeover by the South African-owned internet investor Prosus, in an all-cash deal six years after Prosusmade its first effort to buy the British part of the business

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Tax changes will force us to cut staff, say UK hospitality companies

More than two-thirds of hospitality businesses will reduce staffing as a result of tax changes taking effect in April, according to research by industry bodiescalling on the government to delay the changes.The survey of pubs, bars, restaurants and hotels found that 70% expected to cut back on employment levels because of the higher costs and reduction in rates relief announced in last autumn’s budget.Of the businesses polled by the British Beer and Pub Association, the British Institute of Innkeeping, Hospitality Ulster and UKHospitality, 60% said they would cancel planned investment as a result of the increased expenses.The trade bodies are urging the government to postpone the changes to employer national insurance contributions (NICs) to avoid the immediate impact on investments and jobs, and allow the hospitality industry to continue contributing to economic growth.The government announced in October’s budget that in April it would raise employer NICs to 15%, while also lowering the threshold at which contributions are due to £5,000 from £9,100

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British Gas is named worst energy supplier for customer service

British Gas has again emerged as Britain’s worst energy supplier for customer service after a slide in satisfaction over the last six months, figures from a leading consumer group reveal.A Which? report shared with the Guardian found that the service offered by British Gas has worsened across all its satisfaction measures since its last analysis of the energy sector last year.While customer service has broadly improved across the industry, it has declined for customers of British Gas, according to the survey of 4,000 adults across the country.Rocio Concha, a policy director at Which?, said: “It is never OK for firms to provide sub-standard customer service, but in an essential sector like energy, which provides vital services millions rely on every day, it is unacceptable.“British Gas and any other firms falling short need to up their game and give customers the service they deserve

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Energy giant AGL disputes $25m fine for wrongly taking welfare money from hundreds as ‘excessive’

Energy giant AGL is disputing a “manifestly excessive” $25m fine for using the Centrepay debit system to wrongly take welfare money from hundreds of vulnerable Australians. It argues that a judge should not have used the massive financial penalty to try to “provoke some attention” from the company’s board and executive leadership.Late last year, the federal court imposed the hefty fine and excoriated AGL for wrongly taking money from 483 welfare recipients via Centrepay, the scandal-plagued, government-run system that allows automatic diversion of social security payments to essential services, like electricity bills and rent.A Guardian Australia investigation last year revealed deep flaws with the system, including that some of Australia’s biggest electricity retailers had used Centrepay to continue receiving welfare money from the pockets of departed customers long after they left.Sign up for Guardian Australia’s breaking news emailIn AGL’s case, the company used Centrepay to receive and retain an average of about $1,000 from the welfare payments of 483 former customers between early 2016 and late 2020

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Consumers don’t have a debt problem. The US government does | Gene Marks

A recent report from the Federal Reserve warned that consumer debt is now more than $18tn and the people are worried. Americans’ “credit card and household debt reach all-time high”, reports Fox News. Consumers are “finding it harder and harder to pay off their debt”, claims CNN. A “third of Americans have more credit card debt than emergency savings”, says Marketplace.Yes, consumer debt has ticked up this year