It is back in single digits for the first time since last summer.
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We will bring you the latest Business News from the UK and around the world. Including information pertinent to Small and Medium-sized Businesses (SME) and legal information concerning business and tax law.
We will incorporate the financial indexes from all the important financial global stock exchanges.
The IMF’s report credits ‘resilient demand in the context of declining energy prices’.
BT to cut 55,000 jobs with a fifth replaced with AI BT has announced plans to cut up to 55,000 jobs globally, including in the…
Inflation in European countries using the euro currency inches higher to 7% in April as the squeeze on households extends. Europe’s painful inflation inched higher…
Kids missing out as attractions get pricier according to charity Go Beyond Rising ticket prices for popular UK attractions are putting young people at risk…
India’s Go First cancels flights after bankruptcy Go First, the Indian budget airline, has suspended all flights for the next three days after filing for…
Employees pasted confidential code into ChatGPT to check for errors.
Sacked CBI boss Tony Danker says reputation ‘destroyed’ Tony Danker, the former boss of business group giant, the Confederation of British Industry (CBI), has claimed…
Strike action sees UK economy flatline in February The UK economy experienced no growth in February due to strikes by public sector workers, according to…
Richard Branson’s rocket firm Virgin Orbit files for bankruptcy Virgin Orbit, the satellite launch company founded by British billionaire Sir Richard Branson, has filed for…
Collapsed US Silicon Valley Bank bought by rival First Citizens BancShares has purchased the assets and loans of the collapsed US lender, Silicon Valley Bank…
UK interest rates: Another Bank of England rise expected as prices soar Following an unexpected jump in the rate of inflation, the Bank of England…
Christine Lagarde’s comments come in the midst of persistent turmoil across Europe’s banking sector.
Thousands may have fallen for Crypto app scam The Metro says Another cryptocurrency trading app may have lost thousands of people their hard-earned savings, it…
City AM – It’s a Swiss rescue UBS agrees to buy Credit Suisse to avoid “unthinkable” consequences CITY AM says THE SWISS government last night…
Workers £11,000 worse off a year due to stagnant wages – Resolution Foundation Research shared exclusively with BBC Panorama by the Resolution Foundation think tank,…
Central banks to boost flow of US dollars amid market troubles Following a turbulent period in the US banking sector and the Credit Suisse merger,…
An uncontrolled collapse of Credit Suisse would ‘lead to incalculable consequences for the international financial system’.
Virgin Orbit to pause all operations from Thursday Virgin Orbit plans to halt operations from Thursday and reportedly furlough almost all its employees in a…
Credit Suisse emergency loan sparks banking fears Credit Suisse announced that it will be borrowing up to 50 billion Swiss francs (£44.5bn) from Switzerland’s central…
Heathrow told to cut passenger charges again The Civil Aviation Authority (CAA) has told Heathrow Airport to reduce its passenger charges for airlines in 2024,…
FT – Speaker McCarthy to meet Taiwan’s leader in US to avert Beijing backlash The Financial Times reports that the Speaker of the US House…
Eggs and margarine drive food inflation to record 17.1% According to research by Kantar, prices for food and drink in shops have hit record highs…
UK startup Britishvolt bought by Australian firm Recharge Industries, an Australian company, has acquired the bankrupt Britishvolt battery maker. Britishvolt had planned to construct a…
Starbucks launches olive oil coffee drinks in Italy Starbucks, the world’s largest coffee chain, is introducing a line of olive oil-infused drinks in Italy, according…