World News / 461 posts found

Payday loan complaints see sharp rise despite new rules – BBC News

by Jason
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The FCA is already conducting is own inquiry into overdrafts, door-to-door lending and other forms of loans. Consumer groups have consistently argued there should be an overdraft cap in place. A Lords committee also recently called for stronger controls such as a cap on “rent to own” products. Financial exclusion ‘challenge’ The FOS figures, published in its annual review, show that the total number of payday loan complaints was nine times higher than two years ago. Since the start of 2015, payday loan rates have been capped at 0.8% per day of the amount borrowed, and no-one has to pay […]

Theresa May docudrama heading to BBC Two – BBC News

by Jason
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Image copyright PA Image caption Mr Johnson (Will Barton) was scuppered in his bid to become prime minister Inbetweeners actor John Seaward appears as Michael Gove, who was another leadership challenger. Image copyright PA Image caption Mr Gove (John Seaward) has now re-entered the Cabinet as environment secretary It will portray the events following last year’s EU referendum and David Cameron’s subsequent resignation as prime minister. It will recount how Mr Gove – who had backed Johnson’s leadership bid – launched his own campaign to become prime minister, leading Mr Johnson to back out. Mrs May ended up winning the […]

Ex-Twitter CEO says meeting Trump is like ‘waterboarding yourself’

by Jason
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Don't expect Dick Costolo at Trump's next meeting with Silicon Valley leaders.Image: Drew Angerer/Getty Images Let’s just say former Twitter CEO Dick Costolo had a really unpleasant visit with President Donald Trump. Costolo dramatically likened Trump’s meetings with Silicon Valley leaders to alcohol poisoning and extreme water torture. “If you don’t get invited to this meeting and want to know what it was like, just drink a bottle of gin and then waterboard yourself,” Costolo tweeted. SEE ALSO: Twitter’s co-founder is totally sorry for helping Trump get elected Costolo, who ran Twitter from 2010 to 2015, issued this hyperbolic tweet […]

Another Uber executive allegedly stepping down over scandal

by Jason
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Image:  WILL OLIVER/EPA/REX/SHUTTERSTOCK Change may finally be coming to Uber. The ridesharing giant is reportedly parting ways with Emil Michael, the company’s chief business officer and the right-hand man of CEO Travis Kalanick, according to the Wall Street Journal. There’s also talk of Kalanick taking a leave of absence. Uber did not immediately respond to Mashable’s request for comment. Kalanick’s full-on removal has been the topic of debate between investors and reporters like our own Lance Ulanoff, and even a leave of absence would be a significant development for the embattled exec. Kalanick has since the early days of Uber […]

Annie Mac on maternity leave: ‘It’s always weird when someone else does your job’ – BBC News

by Jason
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Outside of her radio career, she’s also an internationally successful club promoter and DJ, who will headline Glastonbury’s John Peel Stage on Friday, 23 June. As she prepares for her comeback, the 38-year-old chatted about the songs she missed, her plans for the future and the “weirdness” of other people hosting her shows. “I just can’t wait to get back,” she enthuses. “I love my job. I feel so privileged.” Image copyright Getty Images Image caption Annie Mac: “You have listeners that you know because you talk to them every week, and they talk to you” Your partner is Toddla […]