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Thieves made a break for 413,793 units of the company's new F1 line bars which could cause shortage before EasterA large shipment of KitKat candy bars was stolen while in transit to distributors, a major candy crime right before the Easter holiday that could cause shortages for customers.The truck carrying 413,793 units of a “new chocolate range”, about 12 tons of chocolate bars, was pilfered while driving through Europe on 26 March, Agence France-Presse reported. Continue reading......

Treasury department said Financial Times article about Scott Bessent's views on Fed oversight was 'manufactured' The US treasury department demanded on Friday that the Financial Times (FT) retract a report on treasury secretary Scott Bessent's views on the Federal Reserve, accusing the newspaper of publishing “false claims” in a formal complaint escalated to the outlet's parent company, Nikkei Inc.The email from treasury officials, addressed to senior editors at the FT and Nikkei, disputed multiple claims in the story and criticized the headline as misrepresenting the underlying reporting. Continue reading......

Competition watchdog will launch cost comparison website and has ordered vets to cap written prescription pricesThe UK's competition watchdog has ordered vets to cap written prescription fees at £21, and practices will have to publish price lists in a crackdown on rising fees.The Competition and Markets Authority also said a costcomparison website would be introduced to increase competition and drive down costs. Continue reading......

More than one in eight of all those born between 1997 and 2012 don't believe retirement will even be an optionMehjabin, 23, is a supply teacher who lives with her parents in London. She does not know whether she will ever be able to stop working.She works for a teaching agency, and for a full week she could typically earn about £650. However, sometimes she only gets two or three days a week. Continue reading......

When did care homes come to be seen as recession-proof investments? And who pays the price?On a spring morning in 1987, a 30-year-old man named Robert Kilgour pulled up beside a row of foamy cherry trees in the town of Kirkcaldy, on Scotland's east coast, to visit an old hotel. The building was four storeys of blackened Victorian sandstone. Kilgour was a big man, a voluble Scot with a knack for storytelling. He already owned a hotel in Edinburgh but wanted to branch into property development and was planning to turn this old place, Station Court, into apartments. A few months after he completed the purchase, however, the Scottish government scrapped a grant for developers that he had been counting on. He had just sunk most of his personal savings into a useless building in a sodden, post-industrial town. He urgently needed a new idea.Care homes weren't so different from hotels, Kilgour thought. And the beauty was, their elderly residents were unlikely to get drunk, steal the soap dispensers or invite se...

More use of two-way charging will earn money for owners and could avoid the need to expand North Sea oil drillingThe Iran war has sent petrol and diesel prices to their highest levels in years, sparked warnings of fuel rationing across Europe and triggered calls for Britain to drill more North Sea oil and gas. But analysis suggests the UK is looking for solutions in the wrong places – and that one of them is sitting on people's driveways or parked in the street.If more drivers switched electric vehicles, Britain would sharply reduce its petrol and diesel consumption, with every car charged from the grid rather than the pump extending the country's fuel reserves – and experts say the potential impact goes far beyond that. If more drivers switched to electric vehicles, Britain could sharply reduce its petrol and diesel consumption. Every car charged from the grid rather than the pump extends the country's fuel reserves – and experts say the potential impact goes far beyond that. Continue reading......

From 6 April, low-income families can claim universal credit payments for all children living in the householdThe two-child benefit policy has been described as a “cap on childhood” and as it comes to an end, Claire* hopes to throw a birthday party for her son.It is a celebration most children may take for granted, but Claire and her partner run out of money at the end of every month, skipping meals so that their three children can eat. Her son, now in his final year at primary school, has never had a party. Continue reading......

Shops and restaurants once bustling with tourists now struggle for survival as Canadians think twice about crossing the borderOn a warm March weekend in the American border town of Lewiston, New York, bakery owner Aimee Loughran is putting the finishing touches on a special order: a state trooper badge-shaped cake for a local officer's retirement party.It should be the last task of a busy Saturday at her Just Desserts shop, which sits just 20 minutes north of the rushing waters of Niagara Falls. Dotted with cafes, restaurants and historic buildings from the 1800s, the Lewiston strip is usually catnip for tourists, including the Canadians whose homes can be seen from the banks of the nearby Niagara River. Continue reading......

IFS analysis also finds male-managed companies were more likely to have victim of abuse leave companyCompanies who employ more women in senior roles are much more likely to dismiss men accused of sexually or physically abusing their colleagues, according to analysis of international and UK data.Men were more likely to get sacked for abusing a male colleague rather than a female colleague, according to a recent Finnish study, cited in research about the economic impact of violence against women and girls gathered by the Institute for Fiscal Studies (IFS). Continue reading......

Do we really need a McDonald's CEO fronting ads or a Gianni Infantino Panini sticker? No. But in the age of Trump, the boss class feels emboldenedA few weeks ago, the CEO of McDonald's appeared in a video sampling the chain's new “Big Arch burger”. In the clip, Chris Kempczinski, or “Chris K” as he casually calls himself, labelled it a “product”, matching the sterile tone of the review – all harsh lighting, corporate office backdrop and an awkward man talking and eating while wearing a shirt fitting uneasily under a light wool V-neck.Why would McDonald's, with its huge marketing budget and commercial success, choose to platform this guy? His stilted efforts were mocked and memed, with executives at Burger King and Wendy's posting their own versions – what fun. Inevitably some market watchers claimed it drove engagement and sales. But to me, it seems to be just the latest flagrant example of CEOism: when CEOs/founders/heads of organisations centre themselves in the action – just beca...

Exclusive: Findings cast doubt on claims new drilling would help cut bills and boost energy security, researchers sayHundreds of licences granted for new oil and gas projects in the North Sea under the Conservatives have so far produced only 36 days' worth of gas, according to analysis.Research by the energy consultancy Voar and the campaign group Uplift found that between 2010 and 2024, the government handed out hundreds of new North Sea oil and gas licences in seven licensing rounds. Continue reading......

Concern that supply chain disruption could hit health essentials – and prices – from painkillers to cancer treatmentBritain is “a few weeks away” from medicine shortages ranging from painkillers to cancer treatment if the Iran war continues, according to experts, while drug prices could also rise.The conflict has disrupted the supply of a myriad of crucial raw materials, including oil, gas, crop fertiliser and helium – and health essentials could be next. Continue reading......

Ruling that Meta and YouTube deliberately designed addictive products marks possible watershed moment for social mediaThe young woman at the heart of what has been called the tech industry's “big tobacco” moment was on YouTube at six and Instagram by nine. More than a decade later, she says, she still can't live without the social media she became addicted to.“I can't, it's too hard to be without it,” Kaley, now 20, told a jury at Los Angeles' superior court. This week, five men and seven women handed down a verdict on the design of two of the world's most popular apps that vindicated Kaley's position. Continue reading......

Jerry Murrell seemingly alluded to healthcare CEO killing when he explained giving bonus to workers after bungled promotionSign up for the Breaking News US email to get newsletter alerts in your inboxFive Guys' chief executive officer, Jerry Murrell, said he gave a $1.5m bonus to employees of his US-based burger restaurant chain because “I didn't want anybody shooting me” after the company recently “screwed … up” a buy-one-get-one-free promotion.Murrell did not elaborate on the comment, which he gave to Fortune in an interview published on Wednesday – but it came a little more than a year after the UnitedHealthcare CEO Brian Thompson was shot dead on a midtown Manhattan street in what was widely considered a murderous rebuke of the US health insurance industry's profit-driven practices. Continue reading......

Two court cases have shown how companies can be forced to take responsibility for their impact on public healthDebate about online harms has tended to focus on abusive and hateful content. But the form in which content is delivered is at least as important. That point is central to this week's momentous decisions against Meta and YouTube, by two US juries. It will take more than these cases to loosen big tech's tight grip on much of the world's attention. But the fact that both companies were found liable in California, for deliberately designing addictive products that harmed a child, is a massive win for the coalition of campaigners aiming to use the US courts to force the platforms to change their products.The second case against Meta, in New Mexico, found it liable over the use of Facebook and Instagram for child sex trafficking, with a Guardian investigation cited in the complaint. The jury ordered it to pay $375m in civil liabilities; the state's attorney general is seeking platform changes and ...

Updated prices of PlayStation 5 consoles to go into effect on 2 April as electronics makers face rising cost pressuresSony is raising global prices of its PlayStation 5 consoles, including a $100 increase in the US, marking its second hike in less than a year as the entertainment giant grapples with rising costs of key components such as memory chips.The tech industry's race to build out artificial intelligence infrastructure has pushed memory makers to favor higher-margin datacenter chips, tightening supply for consumer devices like the ones Sony sells. Continue reading......

Farmers need fuel to keep water pumps running, but many petrol stations are empty and fears are now growing over the war's impact on cost of fertiliserFollow our live coverage of the events in the Middle East hereThanadet Traiyot waited in line for hours at his local gas station, armed with containers and desperately hoping to secure much-needed diesel for his rice fields in Ayutthaya, central Thailand. He was third in the queue when the shop announced their supplies had run dry. That was five days ago; he still hasn't managed to restock to his normal levels.Back on his farm, Thanadet wades into his rice paddies, weaving past tall green stalks to assess the water levels and decide which of his water pumps can be turned off. Water needs to be spread equally across the fields, he says, but he doesn't have enough diesel to keep everything running. Continue reading......

Law firm is preparing claim on behalf of 30,000 consumers who fear the FCA's redress scheme will shortchange themLloyds Banking Group is facing a court battle with 30,000 aggrieved car loan customers who are set to abandon the City regulator's official redress scheme amid fears it will shortchange consumers and favour lenders.The claims law firm Courmacs Legal is planning to file a £66m omnibus claim on behalf of borrowers who believe they were financially harmed by car loan contracts set up by Lloyds' motor finance arm, Blackhorse. Continue reading......

US consumer expectations match economic calculations that show conflict in Iran will cause higher inflationThe US stock market opened on Friday with a selloff that briefly sent the Dow into correction territory as a new survey showed US consumer sentiment plummeted in March.Within an hour into trading on Friday, the Dow fell more than 400 points, briefly pushing the index into correction territory. Oil prices continued to climb, with Brent crude, the global benchmark, hitting $110 a gallon. Continue reading......

Yields on 10-year debt reach highest since the 2008 financial crisis, raising concerns of faster interest rate risesUK government borrowing costs have risen above 5% amid an intensifying global bond market sell-off fuelled by the Iran war.The yield – or interest rate – on 10-year debt hit its highest level since the 2008 financial crisis, rising 13 basis points to 5.081%, as investors acted on concerns about the economic fallout from the conflict. Continue reading......