The Treasury Committee says the complex product, used by first-time buyers, needs an overhaul.
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Major pharma firm scraps £1bn UK expansion
MSD, also known as Merck, says it will move its research to the US and cut more than 100 UK
Larry Ellison briefly tops Elon Musk as world’s richest person
The Oracle cofounder’s wealth temporarily overtook Musk’s fortune, propelled by an AI boom.
Klarna hits $19bn value in Wall Street debut
The buy-now, pay-later firm raises nearly $1.4bn as its shares start trading publicly.
Contactless card payments could become unlimited and £100 cap scrapped
Card providers would be allowed to set their own contactless card payment limit, under the regulator’s plans.
Reeves tightens departmental spending ahead of budget
Ahead of the Autumn budget, the chancellor is limiting access to the Treasury’s emergency funds.
Supreme Court to decide if Trump’s global tariffs are legal
It will amount to the biggest test of Trump’s presidential authority and his signature economic policy.
Business chiefs urge Trump to ease up on immigration crackdown after Georgia raid
The president’s pledge to restore jobs to American workers is running into conflict with other economic goals.
Deodorant firm sorry after ‘itchy, burning armpits’ claims
Mitchum said a change in the manufacturing process had affected some of its roll-on products after users complained of soreness.
Vape ban isn’t working, says waste firm boss
Millions of vapes are being thrown away incorrectly despite the ban, causing chaos, says Biffa.