Rules

Lord committee says chancellor and recent predecessors have allowed themselves too little room for manoeuvreBusiness live – latest updatesRachel Reeves should aim to run a “significantly larger” buffer against her fiscal rules, according to a report from a House of Lords committee that says the UK’s public debt is on an unsustainable trajectory.The chancellor raised taxes at last year’s budget in order to more than double the “headroom”, or buffer, against her fiscal rules to £22bn – some of which is expected to be eroded by the impact of the Iran war. Continue reading...

Senior manager at supermarket giant gives evidence on day two of case brought by the Australian Competition and Consumer CommissionFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastA senior Woolworths executive has defended relaxing rules designed to protect shoppers from misleading discounts by preventing the supermarket or suppliers from “gaming” the “Prices Dropped” promotional program.Woolworths’ chief commercial officer, Paul Harker, gave evidence on the second day of a landmark trial between the Australian Competition and Consumer Commission and Woolworths in the federal court on Wednesday. Continue reading...

Ministers also asked to alter compensation rights and suspend emissions trading scheme amid Middle East warAirlines are lobbying the UK government to relax environmental and noise rules, modify passenger rights and cut taxes on flying, as they prepare for higher costs and a possible shortage of jet fuel because of the war in the Middle East.A list of policy requests submitted to ministers and the aviation regulator includes suspending the emissions trading scheme and relaxing limits on night flights, it has emerged. Continue reading...

One insider estimates Australians pay A$10 in fees per ticket, with fans bearing the burden of monopolised music tour schedules and inflated artist valuesGet our breaking news email, free app or daily news podcastAustralia is being urged to improve ticketing transparency after a US federal court found Live Nation Entertainment had a harmful monopoly over big concert venues.This week, a New York jury found the global entertainment giant and its subsidiary Ticketmaster liable for systematically stifling competition to extract excessive profits from concertgoers. The jury identified a baseline overcharge of US$1.72 for every ticket sold by Live Nation since 2010 – totalling an additional US$595m in 2025 alone. Continue reading...

Exclusive: ministers consider restricting pesticide-based treatments, which can get into waterways and harm wildlifePet owners across the UK could be banned from buying flea treatment for cats and dogs under new government rules.Ministers have begun an eight-week consultation on letting only veterinary practitioners or pharmacists give out the potent, pesticide-based flea treatments, to ensure “correct usage”. At the moment, the flea and tick treatments can be bought from any pet shop. Continue reading...

ASA rules ads on Instagram and Daily Mail website broke ban on promoting items high in fat, salt and sugarLidl and Iceland have become the first companies to have ads banned after the introduction of rules cracking down on the marketing of junk food in the UK.The Advertising Standards Authority (ASA) has been policing the ban on ads featuring junk food on TV before 9pm, and in paid online advertising at any time of the day, since 5 January. Continue reading...

Natasha Cochrane de la Rosa was refused boarding on flight to London because she was not aware of the rule changeA British woman has told how she fears being stranded in Spain for months after being refused boarding a on flight back home to London because she was not aware of new Home Office border rules.Natasha Cochrane de la Rosa, 26, was born in the UK to a British father and a Spanish mother, but because of archaic laws she was not entitled automatically to British citizenship because her parents were not married. Other women born to unmarried parents have called the rules an “illegitimacy tax”. Continue reading...