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Business
Russia’s economic situation is deteriorating after two years of growth linked to a shift to a war economy, according to IMF Managing Director Kristalina Georgieva. Despite raising the 2026 growth forecast slightly, Georgieva warned that inflation and sanctions severely restrict long-term prospects.
James Murdoch has finalised a deal to acquire New York Magazine and the Vox Media Podcast Network for over £300 million, enhancing his media portfolio. The transaction includes Vox’s news site and popular podcasts, while CEO Jim Bankoff will continue to lead operations under Lupa Systems.
The EU’s trade deal with South America’s Mercosur bloc has begun provisional implementation after 25 years of negotiations. This agreement forms one of the world’s largest free trade areas, encompassing 720 million consumers and aiming to reduce tariffs on over 90% of bilateral trade.
Deloitte cuts 250 underperforming staff in UK Big Four firm Deloitte has cut 250 members…
Reeves to ignore funding options to tax on wealth above £10m and instead will go ahead and cut winter fuel payments, following a cross-party proposal by MPs who urged Rachel Reeves to impose 2% tax on wealth above £10m, having been lobbied by the banks.
Martin Lewis sends warning over Buy Now Pay Later crackdown Martin Lewis has issued a…
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