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Watchdog swings behind growth plan Business & Money reports After his predecessor was ousted by the chancellor, former Amazon chief Doug Gurr acknowledges regulator’s responsibility…
Donald Trump has called on oil producers’ group Opec to bring down global prices in order to put pressure on Russia to end the war in Ukraine, the Financial Times reports.
The Bank of Japan (BOJ) has raised its short-term policy rate to “around 0.5%,” marking its highest level in 17 years. This decision follows December’s inflation surge, with core consumer prices rising 3% year-on-year, the fastest pace in 16 months.
President Donald Trump has called on Saudi Arabia and other OPEC nations to reduce oil prices, warning that high costs are prolonging the Russia-Ukraine conflict. Speaking at the World Economic Forum in Davos, Trump expressed surprise that OPEC hadn’t acted to lower prices before the elections, emphasising the impact on global stability.
Bank of England: Goldman Sachs expects deep interest rate cuts Markets are significantly underestimating the chance that the Bank of England will have to step…
UK economy: Consumers catch ‘January blues’ as confidence slumps Consumer confidence in the health of the UK economy slumped in January, pointing to further headwinds in…
CITY AM says Further tax rises or spending cuts look increasingly likely after the latest borrowing figures, but there were a few silver linings for the Chancellor.
Santander already announced it was cutting more than 1,400 jobs across its UK business Santander ‘considering quitting the UK’ after two decades on the high…
Millionaires leave Britain in record numbers since Labour took power Millionaires have left Britain in record numbers since the new Labour government took power amid…
DONALD TRUMP’S critics have often accused him of buffoonery and isolationism. Yet even before taking office on January 20th he has shown how much those words fall short of what his second term is likely to bring.
Sir Keir Starmer, Britain’s prime minister, said he could strike a trade deal with Donald Trump and avoid punitive tariffs on the UK as he dismissed as “noises off” Elon Musk’s strident criticism of his leadership.
“GDP growth slowed markedly in the summer when the new government began warning of tax hikes,” said Rob Wood, chief UK economist at Pantheon Macroeconomics.
