UK Regulator to Probe Amazon Over Delayed Payments to Suppliers

The UK's supermarket regulator is investigating Amazon.com Inc. over delayed payments to the online retailer's suppliers.
The Groceries Code Adjudicator said Friday it has reasonable grounds to suspect Amazon has breached rules relating to payments, based on evidence from a range of sources. The company could face a fine of as much as 1% of its annual revenue in the UK if a breach is confirmed.

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Richard Hughes WILL finalise deal for £65m star - even if he doesn't know it yet

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Yahoo

17 minutes ago

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See how much an investor needs in an ISA to fund an £888 monthly passive income

Passive income has always struck me as the holy grail of investing. A regular payment landing in my account, without me having to lift a finger. Ideally, generated inside a Stocks and Shares ISA. To generate £888 a month, or £10,656 a year, I'd need to think carefully about what kind of payout I'm aiming for. Many people use the so-called 4% rule, which assumes investors draws 4% a year from a pot without running it down too fast. That would mean needing a hefty £266,400 to hit my income target. That's quite a chunk of change. But I think it's possible to bring that number down a fair bit, depending on the stocks I pick and the yields they offer. One of my favourite second income stocks is FTSE 100 wealth manager M&G (LSE: MNG). A year ago, it was yielding close to 10%. That's since dipped to around 7.9% as the shares have enjoyed a strong run. They've climbed 25% over 12 months, and 60% over five years. Not bad for a stock many wrote off as purely an income play. Possibly including me. M&G isn't without risk. Markets remain shaky, and the long shift to passive investing is still a threat to its active management model. With interest rates staying higher for longer, income seekers may find cash and bonds more tempting than equity income stocks, where capital is at risk. The dividend is set for modest growth, with the board targeting 2% annual increases. But there's still potential. On 30 May, M&G revealed that Japan's Dai-ichi Life will be taking a 15% stake, bringing an estimated $6bn of new investment into its funds over the next five years. That has given sentiment a lift. I suspect share price growth may slow after its strong run, but I think M&G is still worth considering with a long-term view. Even so, I wouldn't pile everything into a single income stock, no matter how juicy the yield. Instead, I'd spread my money around and aim for a more realistic average yield of 5.5%. With a 5.5% yield, I'd need around £193,745 in my ISA to generate £10,656 of annual income and hit that £888 monthly goal. That assumes I live off the dividends, and leave the capital untouched to keep growing over time. That's almost £195,000 which sounds like a lot, and it is. But over a 40-year working life, I think it's achievable. For example, investing just £75 a month at an average growth rate of 7% – roughly in line with the long-term FTSE 100 average – could do the trick. Naturally, there are risks. Stock markets can go down as well as up. Inflation will nibble away at the buying power of that £888. So I'd encourage anyone with long-term ambitions to save more if they can. But this shows that with patience, consistency and a little know-how, building a decent ISA income pot is far from impossible. I'd say income investors might consider buying high-yield stocks where the fundamentals still stack up, while diversifying to help smooth out the ride. The post See how much an investor needs in an ISA to fund an £888 monthly passive income appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool Harvey Jones has positions in M&g Plc. The Motley Fool UK has recommended M&g Plc. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025

USA Today

an hour ago

• USA Today

Save up to 48% on early Prime Day TV deals happening right now 📺

Tune in to blockbuster discounts on LG, Hisense and more. Dreaming of catching all those summer blockbusters on a brand new big screen? You're in luck! Amazon has officially announced the dates for their Prime Day 2025 sale, and ahead of the sale's kick-off on Tuesday, July 8, we're already seeing a wave of massive discounts on a variety of items, including smart TVs. We've scoured the current offers and found some of the best early Prime Day TV deals you can grab right now. For instance, you can snag the 75-Inch Toshiba 4K Fire TV for under $400, or even premium options like the LG 42-Inch C4 OLED TV now at a record-low $699.99. Don't wait, as these early bird savings on top brands like Hisense, Toshiba and more are sure to go fast. Shop early Prime Day TV deals Shop the best early Prime Day TV deals Insignia TV 32-Inch HD 720p Fire TV Get this top-selling Insignia TV for less than $70 in a smaller 32-inch size, perfect for a dorm room or cozy living space! Save 46% at Amazon Panasonic Z85 Series 65-inch OLED TV Enjoy next-level cinematic picture performance with this TV offering a core OLED panel and HCX Pro AI Processor MKII, which finesses colour accuracy, contrast and clarity. Save 45% at Amazon Amazon Fire TV 65-Inch Omni QLED Series This TV can turn your screen into a canvas for displaying over a thousand pieces of free artwork, personal photos, helpful Alexa widgets and more. Save 38% at Amazon More: Craft smarter! Shop early Prime Day deals on DIY tools and supplies Roku Smart TV 65-Inch Plus Series 4K QLED RokuTV This thoughtfully designed TV by Roku gives viewers a premium entertainment experience at an incredible value. Save 34% at Amazon Amazon Fire TV 50-Inch 4-Series This TV will bring movies and shows to life with support of the vivid 4K Ultra HD screen. Save 38% at Amazon Hisense 75-Inch Class QD6 Series QLED 4K UHD Smart Fire TV This Fire TV seamlessly integrates your favorite live channels and apps on the home screen. Save 22% at Amazon Toshiba 75-Inch LED 4K UHD TV This TV offers four times the resolution of full HD and four times the detail for clarity you can't believe. Save 38% at Amazon More: Apple deals just dropped: Save on AirPods, iPads and MacBooks ahead of Prime Day 🍎 LG 42-Inch Class OLED evo C4 Series Smart TV This TV offers an incredible watching experience and stellar picture quality illuminated with over eight million self-lit pixels, plus it's now at an all-time low price. Save 16% at Amazon Hisense 55-Inch QLED 4K TV This TV is truly a piece of art, allowing you to show off your taste in art when you're not watching your TV. Select a picture or create a slideshow of paintings matching your mood. Save 30% at Amazon Samsung QLED TV 65-Inch Q7F Series This TV allows you to enjoy your movies and shows in stunning 4K, regardless of the source resolution. Save 12% at Amazon Shop early Prime Day TV deals When is Amazon Prime Day 2025? Amazon's members-only Prime Day 2025 sale will run from Tuesday, July 8 through Friday, July 11. Do I have to be an Amazon Prime member to shop Prime Day deals? Yes, you must be an Amazon Prime member to shop the Prime Day deals. How much does an Amazon Prime membership cost? New members can try one week of Amazon Prime for just $1.99. After the trial period, Prime costs $14.99 per month or $139 per year. Amazon Prime Membership Sign up for an Amazon Prime membership to get exclusive perks and benefits all year. Join Amazon Prime More: Amazon Prime for Young Adults is back! Do you qualify for the discount? Find out here USA TODAY Shopping will be covering all the savings leading up to Prime Day 2025, during the sale and post-Prime Day deals, so be sure to sign up for text alerts, sign up for our newsletter and follow us on Instagram to stay updated!