Tuesday newspaper round-up: Prepayment meters, Morrisons, BMW
By Michele Maatouk
Date: Tuesday 24 Dec 2024
(Sharecast News) - Millions of vulnerable UK households on prepayment meters could see their energy bills consume almost a third of their incomes this winter. As temperatures drop across the country, the Resolution Foundation said a combination of higher gas and electricity prices and the typical seasonal increase in energy usage over the colder months would hit poorer families most. - Guardian
Morrisons shoppers have been left unsure whether their Christmas orders will arrive on time after the supermarket chain was hit by IT problems, prompting the retailer to offer discounts. The supermarket chain is giving loyalty card holders 10% off an entire shop on Monday and on Christmas Eve after a glitch hit the promotional scheme, and it discounted prices on some items for all shoppers. - Guardian
BMW has admitted to selling more than 100 high-end cars to Russians despite international sanctions. The German carmaker confirmed a report by Business Insider that revealed premium cars had been sold to Russian buyers, despite an embargo on car exports to the country introduced after the Kremlin launched its full-scale invasion of Ukraine. - Telegraph
The drug technology company BenevolentAI is looking at relisting from 2026 - and would consider floating in London. BenevolentAI announced plans this month to delist from Euronext Amsterdam alongside further job losses and cost-cutting after its founder, Ken Mulvany, regained control of the board following an activist campaign. - The Times
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