Central bank moves to set rates at range between 4 and 4.25% but decision unlikely to satisfy Donald TrumpThe US Federal Reserve cut interest rates on Wednesday, its first rate cut since December, as the central bank moved to stabilize a wobbling labor market even as Donald Trump’s tariffs continue to push up prices.Rates are […]
‘Sometimes, less really is more,’ says chef as Michelin-starred restaurant offers Mindful Experience optionWhen gazing at the bill after a Michelin-starred meal, the average diner’s first thought is not usually: “I wish I’d got less food for that.”But Heston Blumenthal has come up with a new menu catering to just that sentiment, tailored to reflect […]
Building society defends Kevin Parry after he attends party’s breakfast event, sitting next to Richard TiceNationwide building society has defended its chair, Kevin Parry, after he became the first boss of a major British lender to publicly engage with Nigel Farage’s Reform UK party.It emerged on Wednesday that Parry, who has been chair of the […]
Analysis reveals sum equal to 24.2% of average bill taken as pre-tax profits by the major energy industries last year, rather than being reinvestedUK public has paid £200bn to shareholders of key industries since privatisation – studyA quarter of the average UK energy bill was funding corporate profits last year, according to analysis that reveals […]
Nvidia, OpenAI and Microsoft announce investments as part of multibillion-dollar package alongside Trump visitBusiness live – latest updatesDonald Trump’s arrival in the UK on Tuesday night was accompanied by a multibillion-dollar transatlantic tech agreement.The announcement features some of the biggest names from Silicon Valley: the chipmaker Nvidia; the ChatGPT developer, OpenAI; and Microsoft. Big numbers […]