Politics
US borrowing costs rise as attempts to ease rates prove short-lived
Long-term borrowing costs in the US rose again despite an announcement from the government that it would intervene to try to lower them.
Politics
Politics
Iran’s president calls for end to war with US
Iran ian President Masoud Pezeshkian said on Friday that the time had come to conclude the protracted conflict with the United States, arguing that Tehran currently holds an advantage over Washington. He remarked that e…
Politics
Airbus bows to remote working demands after series of strikes
Airbus has bowed to employee demands on remote working, after a series of strikes over its chief executive’s return-to-the office orders.
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Radical
TEL AVIV, August 21. /TASS/. The Israeli military struck a building in the security zone in southern Lebanon that sheltered several suspected radicals, the Israel Defense Forces (IDF) said.
Politics
Quarter of branded baby foods in UK still have too much sugar, analysis finds
Exclusive: Of 224 branded infant foods and snacks, more than half are in breach of guidelines brought in a year ago
Politics
UK reports unexpected deficit of £1.8bn as John Healey prepares for first budget
The UK government ran a larger than expected £1.8bn deficit in July, underlining the challenges facing the chancellor, John Healey, as he draws up his first budget.
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Proposed London datacentre ‘incompatible’ with net zero with 1m-tonne carbon footprint
A “hyperscale” datacentre in outer London would generate more than 1m tonnes of carbon dioxide a year, equivalent to the carbon footprint of 8,480 flights from London to New York, planning documents show.
Politics
ECB Consumer Expectations Survey results – July 2026
In July the median rate of perceived inflation over the previous 12 months decreased to 3.5%, from 3.6% in June. Median expectations for inflation over the next 12 months also decreased, to 2.9% from 3.0%, as did median…
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Anxiety over war, wildfires and cyber-attacks leads to growth in cash stocks in EU
The number of banknotes in circulation in the EU is increasing despite widespread smartphone payments, new data shows, with wildfires ripping through parts of Europe fuelling demand for an emergency stash of cash.
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Panama canal to reduce shipping as El Niño strikes vital route
Further restrictions on shipping lane possible as Central America gripped by severe drought
Politics
Why the US economy is ringing alarm bells
What with a 250th birthday, Taylor Swift's wedding and the football World Cup, Americans could be forgiven for taking their eye off the ball this summer.
Politics
Federal Reserve Board announces approval of application by National Westminster Bank Plc
XRP’s price (XRP-USD) climbed more than 11% in a single day to reach $1.23. This is a big change for XRP after weeks of flat price moves where it stayed trapped between $1.00 and $1.13.
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Why is the Trump administration causing turmoil in the bond markets? | Richard Partington
As yields are dragged higher in the UK, Europe and Japan, the impact for consumers and businesses will be far-reaching
Politics
Mark Zuckerberg buys 440-acre Strancally castle estate in Ireland
It stretches the definition of pied-à-terre but Mark Zuckerberg now has a pad in Ireland: Strancally castle.
Politics
Federal Reserve Board issues enforcement action with SouthPoint Bancshares, Inc. and announces termination of enforcement action with Deutsche Bank AG, DB USA Corporation, and Deutsche Bank AG New York Branch
The Federal Reserve Board on Thursday announced the execution of the following enforcement action listed below:
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Lewes rail line to reopen in September as work under way to remove train
The East Sussex railway line on which a train derailed will reopen in September as crews continue to remove the carriages that left the track.
Politics
Specsavers pays £12m dividend to parent company after jump in earnings
Pre-tax profits rose at high street opticians to £429.7m in the year to February while sales rose 7% to £4.3bn
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Consumers warned to beware of risky mini-bonds and loan notes
The FCA is warning consumers about the risks of investing in loan notes and mini-bonds issued by unregulated companies, after continuing to see people lose money in these high-risk investments.
Politics
Sales of trainers dive as cost of living pressures hit JD Sports performance
Sports fashion retailer JD has slashed its profit forecasts as cost-of-living pressures, fuelled by the US war on Iran, weighed on sales of trainers.
Politics
Unregulated loan notes and mini-bonds: don't risk your savings on promises of high returns
We banned the marketing of speculative mini-bonds and loan notes to ordinary retail investors from 1 January 2021.
Politics
Oxfam ‘can’t guarantee future’ of charity shops as it also reviews warehouse business
Oxfam is reviewing the operations of its three warehouses in Batley, Bicester and Milton Keynes and says it “cannot give guarantees” on the future of its high street shops in a “difficult economic climate”.
Politics
US gross national debt tops $40tn for first time
US debt reached $40tn for the first time on Wednesday, the US treasury department said, after the government deficit doubled over the last decade.
Politics
Can Andy Burnham rewire the ‘Treasury brain’ to boost growth?
Andy Burnham is far from the first prime minister to dream of taming the power of the mighty Treasury.
Politics
US long-term borrowing costs ease after government steps in
Long-term borrowing costs in the US eased on Wednesday after the Treasury department announced it would buy back more debt.