EU trade Brussels proposes a 3-year delay in the EV tariffs between UK & EU admin Dec 6, 2023 The European carmakers got a boost when Brussels proposed to delay by three years the tariffs which were to be…
Mortgage Mortgage interest rates rise by 56pc for homeowners admin Dec 5, 2023 New figures show that mortgage holders are the most affected by the cost of living crisis. Homeowners are the…
Food industry Lidl forced into renaming bread after a ‘fake sourdough’ row admin Dec 5, 2023 Lidl was forced to rebrand a loaf after a dispute over whether it was sourdough or not. The German supermarket…
Cyber security Sellafield Nuclear Site under ‘robust’ scrutiny over cybersecurity… admin Dec 5, 2023 The government agency responsible for cleaning Sellafield nuclear waste in Cambria was put under "special measures"…
Media Sunak is preparing to block a licence fee increase, which could lead to further… admin Dec 5, 2023 Broadcasters on the verge of a drastic decline, as annual shortfalls could rise above £500m.Tim Davie, BBC boss for…
Jobs and employment Spotify will cut nearly a fifth off its staff as part of an efficiency drive admin Dec 5, 2023 Spotify is cutting around 20% of its staff because the economy has slowed down, and they need to save money in…
Media Barclay family takes back Telegraph title after UK probe admin Dec 5, 2023 The Barclay Family has legal ownership of the Telegraph until the end of this year. The potential buyer supported…
Sport Sky announces a 6.7 billion pound broadcasting deal with Sky for most Premier… admin Dec 5, 2023 Sky acquired the largest package of games from the Premier League since its inception. The English top flight sold…
Banking Qatar sells shares worth £510mn to Barclays, reducing its stake by 5% admin Dec 5, 2023 Qatar's sovereign fund has reduced its stake in Barclays. The UK bank is under pressure to revamp its strategy and…
Technology IBM claims quantum computing research milestone admin Dec 5, 2023 IBM researchers say quantum computing is beginning to live up to its promise as an important scientific research…
NHS NHS pays private sector to perform more medical procedures admin Dec 4, 2023 Britain's National Health Service is outsourcing an increasing number of eye and hip operations in order to cope…
Investment Tech funds adopt private-equity strategies to compete for cash returns to… admin Dec 4, 2023 Venture capitalists in Silicon Valley are hurrying to establish private equity-style structures in order to…
Economy Chinese borrowers default in record numbers as economic crisis deepens admin Dec 4, 2023 Since the coronavirus outbreak, defaults by Chinese borrowers are at a record-high. This highlights the severity of…
Economy IMF: Keep interest rates high to avoid a repeat of the inflation crisis from 1970s admin Dec 1, 2023 The International Monetary Fund has warned that central banks need to keep interest rates at high levels for…
Oil and Gas Opec+ cuts oil production, leaving the market skeptical admin Dec 1, 2023 OPEC+ will reduce oil production in 2024 to help improve the market.However, crude prices have fallen due to…
Business Vail buys Crans-Montana in a $136mn deal admin Dec 1, 2023 Vail Resorts agreed to purchase the Crans-Montana resort in the Swiss Alps for SFr118.5mn (US$136mn). This deal…
Fraud office Trial of ex-Goldman analyst and his lawyer brother for insider trading admin Dec 1, 2023 According to the prosecution, a former Goldman Sachs lawyer and his brother (an ex-Clifford Chance attorney)…
Stockmarket News Interest rate cuts lead to global stock market’s best month in 3 years admin Dec 1, 2023 Investors are dumping risky assets as they believe that the Federal Reserve, and other central banks, is close to…