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Inflation rate jumps to highest in more than a year
The recent increase in inflation to 3.5% reflects a faster rise in consumer prices compared to the previous month, potentially impacting purchasing power and economic planning.
Read Full Article →Police investigation into UK retail hacks focuses on English-speaking youths
Authorities are examining potential links between young suspects and recent security breaches in major UK retailers, aiming to assess the economic impact and prevent further financ...
Read Full Article →Supplier to major supermarkets hit by cyber attack
The recent cyber incident involving Peter Green, a logistics company serving prominent supermarket chains, could impact supply continuity despite its smaller market presence compar...
Read Full Article →UK now best placed country on trade - Reeves
Recent trade deals with major partners such as the EU, US, and India are expected to enhance the UK's economic performance by expanding market access and strengthening internationa...
Read Full Article →Tesla battery maker sees shares jump on Hong Kong debut
China's CATL, a major supplier of electric vehicle batteries to companies like VW and Toyota, experienced a notable increase in its stock value following its stock market debut in...
Read Full Article →UK-EU deal moves us on from Brexit rows, Starmer says
The agreement between the UK and the EU addresses key sectors like defence, commerce, and fishing, potentially impacting economic relations and opportunities for younger generation...
Read Full Article →Morrisons says UK-EU deal will 'ease' price pressure
The agreement between the UK and EU is expected to reduce costs for businesses, potentially leading to more stable pricing for consumers and improved financial conditions for compa...
Read Full Article →Struggling DNA testing firm 23andMe to be bought for $256m
The acquisition of 23andMe by Regeneron for $256 million highlights a notable investment in the genetic testing industry while ensuring continued commitment to safeguarding consume...
Read Full Article →What will 'reset' deal mean for UK economic growth?
The agreement potentially supports gradual improvements in UK-EU trade relations, which may influence economic expansion, although many restrictions currently in place are largely...
Read Full Article →Energy price cap: What next for gas and electricity bills and can I fix?
Regulator Ofgem’s updated limitations are projected to lower gas and electricity expenses starting in July, offering consumers the possibility to secure fixed rates for future stab...
Read Full Article →Apple boosts India's factory hopes - but a US-China deal could derail plans
Experts suggest that potential changes in US-China trade relations may impact the anticipated increase in manufacturing investment and economic growth within India's production sec...
Read Full Article →Energy boss warns over future of gas storage facility
The head of Centrica highlighted the potential loss of a £2 billion investment in a major UK gas storage site, emphasizing the need for support to secure its future operations.
Read Full Article →A letter from the M&S hackers landed in my inbox - this is what happened next
The incident involving unauthorized access to M&S and Co-op systems highlights potential financial risks for these companies, including costs related to security measures, data bre...
Read Full Article →Moody's downgrades US credit rating citing rising debt
Moody's lowered the United States' credit score due to increasing national debt, highlighting continuous budget deficits and growing interest expenses under multiple federal govern...
Read Full Article →US proposes dropping Boeing criminal charge
The decision to discontinue the criminal case against Boeing could impact financial liabilities and investor confidence by potentially reducing legal expenses and uncertain trial o...
Read Full Article →Wegovy firm unexpectedly forces boss to step down
The unexpected leadership change reflects the company's response to financial pressures and declining investor confidence amid ongoing difficulties in maintaining its market positi...
Read Full Article →Walmart says higher prices could hit this month due to tariffs
Walmart indicated that increased costs from tariffs, despite recent reductions, may lead to price adjustments this month as the company struggles to fully offset these financial bu...
Read Full Article →Leading crypto firm Coinbase faces up to $400m hit from cyber attack
Coinbase could experience substantial financial losses due to a cyber breach in which attackers allegedly acquired user data by bribing company staff members.
Read Full Article →India disputes Trump claim it is ready to charge US 'no tariffs'
Ongoing negotiations between India and the United States hold potential impact on bilateral trade costs, influencing economic relations and financial exchanges between the two coun...
Read Full Article →Trump touts 'record' Boeing-Qatar Airways deal
The agreement with the state-owned carrier represents a major commercial transaction that could help Boeing strengthen its market position and drive significant revenue growth in t...
Read Full Article →Relief on China's factory floors as US tariffs put on hold
The temporary suspension of US import taxes provides Chinese manufacturers with short-term financial ease, while prompting companies to explore alternative international opportunit...
Read Full Article →Couriers Evri and DHL merge to form UK delivery giant
The combination of two major courier companies aims to enhance their market presence and operational efficiency, potentially increasing revenue and competitiveness within the UK de...
Read Full Article →UK hits back at claims US tariff deal bad for China
The UK's response clarified that its agreement with the US does not restrict Chinese investments, potentially influencing international trade dynamics and investment flows between...
Read Full Article →Burberry to cut 1,700 jobs as designer suffers heavy losses
The company plans to reduce its global staff by approximately 20%, a measure aimed at addressing substantial financial setbacks and improving overall cost efficiency.
Read Full Article →Co-op says shelves to be more fully stocked this weekend
The grocery retailer is collaborating with its suppliers to replenish inventory promptly, aiming to minimize potential revenue losses and maintain customer satisfaction following t...
Read Full Article →Inside the Chinese sofa factory left deserted by Trump tariffs
The implementation of tariffs during the previous administration significantly disrupted production at a Chinese furniture manufacturer, leading to considerable economic challenges...
Read Full Article →'I can get my Christmas tree order' - firms give sigh of relief at tariff truce
Companies are progressing with their shipments as the agreement to lower import duties improves expectations for trade conditions and overall market stability in the coming months.
Read Full Article →UK jobs market continues to weaken
Official data reveals a decline in payroll employment during the first quarter, indicating potential challenges for income levels and consumer spending in the UK economy.
Read Full Article →US cuts tariffs on small parcels from Chinese firms like Shein and Temu
The reduction in duties on low-value shipments from Chinese e-commerce companies may influence cross-border trade costs and impact pricing strategies for small parcel deliveries to...
Read Full Article →Gold is booming – but how safe is it for investors, really?
Rising geopolitical tensions and unstable economic conditions have increased demand for gold, yet specialists advise diversification to manage risks and protect overall investment...
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