Inflation slows to 3.6% but food costs shoot upwards

The CEO of WH Smith has resigned immediately following an accounting error that led the retailer to significantly reduce its profit forecasts. This blunder has raised concerns about the company's financial management and oversight.

Inflation has decreased, but households continue to experience financial strain due to persistently high prices. Despite a drop in inflation rates, the cost of living remains a significant concern for many families, impacting their purchasing power and overall economic well-being.

Two wealthy businessmen have publicly stated their desire to pay more taxes, urging the Chancellor to consider this in the upcoming Budget. Their comments reflect a growing sentiment among some affluent individuals who believe that increased contributions could help address economic disparities.

A crackdown on online pricing has led to investigations into eight companies, with over 100 others receiving warnings regarding their pricing practices. This initiative aims to ensure fair pricing in the digital marketplace and protect consumers from potential exploitation. The actions taken reflect growing scrutiny of online businesses and their pricing strategies, highlighting the need for compliance with regulations designed to foster transparency and fairness in e-commerce.

The government has announced plans to make it nearly impossible for new housing developments near train stations to face opposition. This initiative aims to streamline the approval process for such projects, reflecting a commitment to address housing shortages in urban areas. The move is seen as a significant step towards increasing housing availability and improving access to public transport.

The government is preparing to implement a ban on the resale of tickets for live events at prices exceeding their face value, according to Sky News. This decision aims to protect consumers from inflated prices often associated with ticket scalping, ensuring that fans can purchase tickets at fair rates. The initiative reflects growing concerns over the accessibility of live events for the general public.

A British man has been ordered to repay £4.1 million in Bitcoin after hacking the X accounts of various celebrities. Prosecutors revealed that the individual attempted to defraud these celebrities by accessing their accounts and stealing cryptocurrency. The case highlights the ongoing issues of cybersecurity and the risks associated with digital currencies, particularly in high-profile cases involving public figures.