Rail fares to rise by up to 3.6%

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Image copyright Getty Images Millions of rail users in the UK will see a 3.6% increase in regulated rail fares from January 2018. Train operators can raise fares by as much as the Retail Prices Index (RPI) figure for July. This figure is the highest since 2011, when it was 5%. Passenger groups said commuters [...]

Tesla set to raise $1.8bn in bond offering

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Image copyright Reuters Tesla expects to raise nearly $1.8bn (£1.4bn) by selling “junk” bonds to private investors – even more than the electric car-maker aimed for when it announced the offering this month. The firm said the money will keep its balance sheet steady as it ramps up manufacturing of its newest car. Tesla aims [...]

Clarks in sexism row over Dolly Babe girls’ shoe

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Image copyright Clarks Clarks has been accused of “everyday sexism” for a calling a girls’ school shoe “Dolly Babe”, while the boys’ equivalent is called “Leader”. The girls’ shoes carry a heart-patterned insole, while the boys’ insoles are decorated with footballs. The shoe manufacturer has removed the Dolly Babe from its website following “customer feedback” [...]

How long could my summer holiday flight be delayed?

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Why is the US dollar falling?

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The US dollar, long a symbol of American economic might, has fallen steadily this year. The value of the dollar index, which tracks the dollar against six major global currencies, has fallen about 10% since January. It pushed lower on Friday, even as demand for other safe-haven assets – typically a category that includes the [...]