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UK inflation forecast to have jumped in April on back of higher household bills – business live
Rising costs across utilities, taxes, and transportation are expected to push overall price growth higher in the UK, potentially influencing central bank decisions on interest rate...
Read Full Article →US chip export controls are a ‘failure’ because they spur Chinese development, Nvidia boss says
The limitations on advanced semiconductor sales to China have unintentionally accelerated domestic innovation, potentially altering global market dynamics and competitive advantage...
Read Full Article →Global copper supply projected to fall 30% short of demand by 2035, IEA warns
A significant gap between copper availability and future needs may increase costs and disrupt investments in renewable energy infrastructure essential for achieving carbon reductio...
Read Full Article →EU’s ‘chocolate crisis’ worsened by climate breakdown, researchers warn
The increasing environmental challenges in major supply regions pose significant risks to the stability and pricing of key agricultural imports essential to the EU’s food and commo...
Read Full Article →It’s time to stop the great food heist powered by big business. That means taxation, regulation and...
Consolidation of the global food industry under a few large corporations creates significant economic challenges by increasing healthcare costs and reducing productivity due to wid...
Read Full Article →Racing chiefs warn Labour plans on betting could cost sport tens of millions | Greg Wood
The British Horseracing Authority cautions that aligning tax rates on online betting and gaming may result in substantial annual financial losses for the industry and reduce busine...
Read Full Article →UK suspends trade talks with Israel and attacks ‘repellent’ extremism
The suspension of trade discussions between the UK and Israel could impact economic cooperation and market access, potentially affecting businesses and investors reliant on agreeme...
Read Full Article →Sing when you’re winning: how karaoke in cars heralds the triumph of Chinese firms
The integration of karaoke technology in electric vehicles signifies how Chinese automakers are gaining a competitive edge, prompting European manufacturers to invest heavily in in...
Read Full Article →Water companies should be taken into public ownership now | Letter
Over the past thirty years, water firms have distributed £78 billion to shareholders, with a significant portion of consumer bills allocated to servicing debt and dividend payments...
Read Full Article →ITV to cut jobs and slash budgets of daytime shows including Good Morning Britain
ITV’s decision to reduce workforce and limit programming hours for several key daytime productions is expected to substantially lower operational expenses and impact the company’s...
Read Full Article →Talks to settle £120m legal claim against Vodafone end without success
The unresolved dispute over commission reductions has financial implications potentially exceeding £120 million, as numerous franchise operators allege these changes led to substan...
Read Full Article →Pace of UK interest rate cuts is too rapid, Bank of England chief economist says
The Bank of England’s chief economist warned that swiftly lowering borrowing costs amid robust wage growth may increase inflation risks, suggesting careful consideration before imp...
Read Full Article →Majority of US companies say they have to raise prices due to Trump tariffs
Over half of US businesses report that increased expenses from recent trade policies will likely lead to higher prices, impacting overall market costs and consumer spending pattern...
Read Full Article →Reeves eyes Gulf trade pact as ‘next deal,’ Bank of England’s Pill says pace of interest rate cuts ‘...
The potential trade agreement with Gulf countries could enhance export opportunities, while recent comments on monetary policy and regional interest rate changes reflect shifting e...
Read Full Article →Trump can complain all he wants – but he can’t stop his own economic mess | Sidney Blumenthal
The president’s policies, including high tariffs and significant legislation, have triggered ongoing economic challenges that are unlikely to be reversed quickly, impacting financi...
Read Full Article →RBA interest rates announcement: Reserve Bank cuts official cash rate to 3.85%
The recent reduction in borrowing costs by the central bank may help ease financial burdens on borrowers while reflecting confidence that inflationary pressures are gradually dimin...
Read Full Article →Post Office offers compensation to Horizon IT victims over name and address leak – report
The Post Office plans to provide financial restitution to numerous former sub-postmasters affected by a data breach, with individual payments limited to £5,000 despite possibilitie...
Read Full Article →Reeves hopes hat-trick of deals shows Britain is open for business
The recent agreements in food, energy, and defence sectors are expected to modestly enhance the UK’s economic appeal, potentially attracting increased investment and reinforcing it...
Read Full Article →EU reset deal puts Britain back on the world stage, says Keir Starmer
The new agreement aims to improve the UK's economic position by enhancing market access and reducing consumer costs, though it involves compromises on key sectors such as fishing a...
Read Full Article →The Guardian view on the EU trade deal: a rational step forward | Editorial
The recent agreement establishes a framework for ongoing discussions, potentially influencing trade costs, mobility arrangements, and security cooperation, while providing limited...
Read Full Article →This new EU deal is great for Britain. Now, Labour, focus on the future, not on Farage | Polly Toynb...
The agreement opens opportunities for British defense firms to compete for substantial European contracts, potentially boosting the economy more significantly than small sectors li...
Read Full Article →Alarm over US government’s burgeoning debt rattles markets
The recent downgrade of the United States’ credit rating has increased borrowing expenses and contributed to market volatility, reflecting investors’ growing unease about the count...
Read Full Article →Tariffs are clearer at Diageo – not much else is | Nils Pratley
Diageo anticipates a $150 million annual profit impact from new US tariffs, primarily affecting its UK and EU exports, but expects to offset approximately half of the financial bur...
Read Full Article →Bankrupt DNA testing firm 23andMe to be purchased for $256m
Regeneron Pharmaceuticals’ acquisition of a consumer genetic testing company for $256 million during bankruptcy highlights a significant investment in genetic data assets, promptin...
Read Full Article →Starmer denies claim ‘win-win’ UK-EU deal has sold out fishing sector – video
The recently finalized UK-EU agreement is expected to boost the economy by £9 billion and reduce food costs, while extending fishing access rights for an additional 12 years.
Read Full Article →Will Labour’s shake-up really fix Great Britain’s ailing railways?
The renationalisation of South Western Railways represents a significant financial commitment by the government, aiming to influence fare structures and improve service efficiency...
Read Full Article →Eurozone growth forecasts cut amid uncertainty over Trump trade war
The European Commission has lowered its projections for economic expansion in the eurozone due to ongoing trade tensions, anticipating slower growth rates through 2026 compared to...
Read Full Article →Stock markets drop and bond yields rise after US credit rating downgrade; EC cuts eurozone growth fo...
The recent downgrade of the US credit rating has contributed to increased borrowing costs and tempered investor confidence, potentially affecting government debt management and eco...
Read Full Article →Ryanair to raise air fares after lower ticket prices hit profits
Ryanair plans to increase ticket costs following a period of reduced prices that contributed to a significant profit decline, while still distributing substantial dividends to shar...
Read Full Article →Annual energy bills in Great Britain forecast to fall by £129 in July
A recent forecast indicates that typical dual-fuel households in Great Britain may see their yearly expenses on gas and electricity decrease by approximately £129 starting in July,...
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