Business

Fed lower rates by 0.50 percentage points, its first cut since 2020

The Federal Reserve announced on Wednesday that it was lowering the federal funds rate by half a percentage point (0.5%) or 50 basis points, its first rate cut in over four years. The...

ITV Boss Says Ed Balls Interview With Wife Yvette Cooper Was ‘fair And Impartial’

ITV's chief executive has defended allowing Ed Balls to interview his wife, Home Secretary Yvette Cooper, but said...

Stuart Rose gets hands-on at Asda. This can’t have been plan A | Nils Pratley

“We need a full-time fully experienced retail executive to come in,” said Stuart Rose, the chair of Asda,...

Comedian Cancels Tour And Stops Work ‘for Foreseeable Future’

Scottish comedian Janey Godley has cancelled her upcoming tour amid ongoing treatment for terminal ovarian cancer.The 63-year-old revealed...

Embattled Post Office boss Nick Read to step down

Nick Read, the embattled chief executive of the Post Office, is to step down next year.Read, who is...

With inflation staying at 2.2%, will Bank of England cut interest rates this week?

For a second month running inflation has fallen short of the Bank of England’s expectations. After beginning the process of cutting interest rates last...

Tupperware files for bankruptcy in US and hunts for new owners

Tupperware, the lossmaking 78-year-old American plastic food container brand, has filed for bankruptcy and is on the hunt for new owners as it attempts...

UK inflation stays at 2.2% as lower petrol prices offset by higher air fares

The UK’s annual inflation rate rose by 2.2% in August, matching the increase in July, as lower petrol prices at the pump were offset...

Warning social media videos could be exploited by scammers to clone voices

Consumers have been warned that their social media videos could be exploited by scammers to clone their voices with AI and then trick their...

The Last Dinner Party, Fern Brady And Melvyn Bragg Win At Sky Arts Awards

Rock band The Last Dinner Party, comedian Fern Brady and hit TV show Mr Bates Vs The Post Office are among the winners at...

British-made Netflix shows most popular on platform so far in 2024

Netflix has revealed that British-made shows have proved to be the most popular with audiences on its global streaming service so far this year.Ted...