Penalty notice: Euro Car Parks fined £473,000 for ignoring regulator

Euro Car Parks is infamous for dishing out fines but the private parking company has been hit with an almost £475,000 penalty of its own after it failed to hand over information to a regulator.The Competition and Markets Authority (CMA) said it had imposed a £473,000 fine after the company did not respond for three months to seven requests for information, including by registered post, email and hand-delivered letter.It is the first time the CMA has issued a penalty under the new fining powers it was given in 2024.The regulator sends out “information notices” to companies when deciding whether to open an investigation, and businesses have a legal obligation to comply.The CMA said Euro Car Parks, which provides payment systems in car parks, only responded after it raised the spectre of a fine

US inflation falls to 2.4% in January after Trump’s tariffs led to price fluctuations

US inflation moderated in January to 2.4%, an easing after Donald Trump’s tariffs triggered price fluctuations last year.Prices rose 0.2% from December to January, according to data released by the US Bureau of Labor Statistics on Friday measuring the consumer price index (CPI), which measures the price of a basket of goods and services. Core CPI, which strips out the volatile food and energy industries, went up 0

Share values of property services firms tumble over fears of AI disruption

Shares in commercial property services companies have tumbled, in the latest sell-off driven by fears over disruption from artificial intelligence.After steep declines on Wall Street, European stocks in the sector were hit on Thursday.The estate agent Savills’ shares fell 7.5% in London, while the serviced office provider International Workplace Group, which owns the Regus brand, lost 9%.The UK’s two biggest property developers, British Land and Landsec, dropped 2

Elon Musk posted about race almost every day in January

Elon Musk’s longtime fixation on a white racial majority is intensifying. The richest man in the world posted about how the white race was under threat, made allusions to race science or promoted anti-immigrant conspiracy content on 26 out of 31 days in January, according to the Guardian’s analysis of his social media output. The posts, made on his platform X, reflect a renewed embrace of what extremism experts describe as white supremacist material.“Whites are a rapidly dying minority,” Musk said on 22 January, a short time before taking the stage at the World Economic Forum in Davos, while reposting an Irish anti-immigrant influencer’s video about demographic change.Musk’s posts included him repeatedly claiming white people face systemic discrimination, endorsing the conspiracy that there is an ongoing genocide against white people in countries around the world and promoting a claim that white people would be “slaughtered” by non-whites if they become a demographic minority

Salt calls on England to play with ‘chests out’ in crunch T20 World Cup clash with Scotland

It turns out England’s self-confidence might be a bit more resolute than their batting. It will take more than a couple of teetering performances to set this team’s morale atremble. So despite being nervy against Nepal and wobbly against West Indies, England could hardly have been more cocksure on the eve of a crucial T20 World Cup group fixture against Scotland. As Phil Salt put it: “When we’re at our best nobody can live with us.”England arrived in India having lost once in 11 T20 games over the previous 12 months, and that run continues to be a source of belief

Charlotte Bankes rues cruel nature of snowboard cross as dreams dashed again

Few sports at the Winter Olympics are more thrilling or turbulent than snowboard cross. The idea is simple. Four competitors, a steep mountain, ramps, and whoever gets down quickest to the bottom first wins. But jeopardy lurks on every sharp turn and steep bank. And calamities are an unfortunate fact of life