Bussiness

Relief for borrowers as UK interest rates cut but little…

Posted by August 1, 2024

Borrowers will breathe a collective sigh of relief. The Bank of England has cut interest rates from 5.25% to 5% and in response the major lenders have already b

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Bank of England cuts interest rates to 5% in first…

Posted by August 1, 2024

The Bank of England has cut interest rates for the first time since the start of the Covid pandemic, moving to ease the pressure on households after ratcheting

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EU red tape is jeopardising UK food safety, retailers warn

Posted by August 1, 2024

Some deliveries are being held up at the border for as long as 24 hours, with drivers claiming their consignments containing pe

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Next weathers the storm as it reports better-than-expected sales

Posted by August 1, 2024

Clothing chain Next has reported better-than-expected sales and raised its profits forecast for the year despite the wet start to the summer.The r

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Interest rates live updates: Bank of England cuts rates to…

Posted by August 1, 2024

Don't expect a flurry of rate cutspublished at 12:1212:12Faisal IslamEconomics editorThe clear message today was not to expect a consecutive series of cuts from

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UK interest rate decision on a knife-edge

Posted by July 31, 2024

A decision by the Bank of England to cut interest rates later is "on a knife-edge", according to analysts.Traders have bet on a 60% chance that the UK's central

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Can technology fix the ‘broken’ concert ticketing system?

Posted by July 31, 2024

Jacki ThrappAmerican Jacki Thrapp found that it was cheaper to fly to Europe to see Taylor Swift For Nashville native Jacki Thrapp flying to Europe this summer

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Rachel Reeves: What taxes might the chancellor raise?

Posted by July 31, 2024

Getty ImagesThe government has said it will have to increase taxes at the Budget in October to plug a £22bn "hole" in the public finances. But Chancellor Rache

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Chip designer Arm Holdings reports 39% surge in revenue but…

Posted by July 31, 2024

Chip designer Arm Holdings on Wednesday reported a stronger-than-expected 39% surge in quarterly revenue, and forecast fiscal second-quarter sales broadly in li

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The best thing Labour could do for growth is flatten…

Posted by July 31, 2024

Consider briefly how much time and energy is spent on keeping dying communities on life support: the obsession with levelling u

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Bank of England braced for knife-edge interest rate decision

Posted by July 31, 2024

The Bank of England is braced for a knife-edge decision on interest rates as policymakers consider whether to cut borrowing costs for the first time since the s

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Post Office’s head of postmasters makes abrupt exit in wake…

Posted by July 31, 2024

Another top executive is leaving the Post Office as the embattled business prepares for the final stage of the Horizon inquiry.

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