Bloomberg The breadth of wealth inequality in the UK was laid bare in new analysis published on Saturday. While the divide is most pronounced in London, where richer households are now 24 times wealthier than poorer ones, other regions have experienced a similar trend since the global financial crisis, according to the Resolution Foundation. The value of household assets such ...

Bloomberg The European Union should scrap twice-yearly time changes and keep its clocks on what is currently summertime, said the bloc’s executive arm. On August 31, the European Commission unveiled the results of a public consultation on the merits of the decades-old practice of capitalising on natural daylight by putting clocks forward by 60 minutes between late March and late ...

Bloomberg Uber Technologies Inc. and its former Chief Executive Officer Travis Kalanick defeated a lawsuit claiming the company swept illicit business practices under the rug that cost investors billions of dollars. US District Judge Haywood S. Gilliam Jr. in Oakland, California, agreed with Uber’s and Kalanick’s bid to toss the class-action claims by a Texas city’s firefighter pension fund while ...