Fraudster must repay £197k or face jail

Zahid Afzal, 37, has been ordered to repay almost £200,000 after fraudulently claiming Covid support loans for his mobile phone shops. He faces prison if he fails to pay within three months.

BoE Rate Cut Paused as UK Wage Growth Slows

UK wage growth slows to 4.5% but remains too high for an immediate interest rate cut. Economists now expect the Bank of England to hold until at least April. Read the full analysis.

Apple Watch alternative costs under £30

A smartwatch that looks like an Apple Watch but costs just £27.99 is wowing UK shoppers on Amazon with features like health tracking and a 5-day battery life.

Major UK Furniture Firm Collapses, 124 Jobs Lost

Moores Furniture Group, a major UK kitchen supplier founded in 1947, has collapsed into administration. Over 100 staff made redundant as challenging market conditions take their toll. Read the full story.

Trump's 25% Tariff Threat to UK Over Greenland Row

US President Donald Trump threatens the UK with tariffs of up to 25% on all exports in a bid to pressure Britain over his pursuit of Greenland. Prime Minister Keir Starmer calls for urgent diplomacy.

EV Battery Factory Closes, Cutting 75 Jobs

Swedish battery start-up NOVO Energy, owned by Volvo Cars, ceases operations, resulting in 75 redundancies. The closure follows the abrupt shutdown of US EV maker Bollinger Motors.

Nationwide Cuts Savings Rates for Millions

Nationwide Building Society is reducing interest rates on several savings accounts from February 10, following the Bank of England's base rate cut. Find out if your account is affected.

Kromek hails strong half year with revenue over £15m

County Durham's Kromek Group reports a leap in revenue to £15m, driven by its advanced imaging division and a landmark deal with Siemens. A prototype breast screening detector is now in a Newcastle hospital.

Cardiff's The Wardrobe closes after 38 years

The Wardrobe, a beloved Cardiff clothing store, has shut its doors after nearly four decades. Owners cite retail decline and changing town centre atmosphere as key factors in this 'end of an era'.

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