Bank of England set to hold rates as inflation rise cools cut expectations
The Bank of England is expected to keep interest rates on hold at 3.75% this week after inflation ticked up, though governor Andrew Bailey may signal a spring cut. Read…
2026
UK unemployment set to hit five-year high as tax rises begin to bite, EY warns
UK unemployment is forecast to rise to a five-year high in 2026 as Rachel Reeves’s tax rises and global trade uncertainty weigh on growth, according to EY Item Club. Read…
Gold, silver plunge after Trump names Fed chair pick
Gold and silver prices have cratered after US President Donald Trump named Kevin Warsh to lead the Federal Reserve Read Full Article at RT.com
US probing claims WhatsApp chats aren’t private – Bloomberg
US authorities are investigating claims that Meta employees could access encrypted WhatsApp messages, Bloomberg reports Read Full Article at RT.com
German unemployment highest in over a decade
German unemployment has risen to a 12-year high as weak growth continues to weigh on the EU’s largest economy Read Full Article at RT.com
Trump reveals Fed boss nominee
US President Donald Trump has nominated Kevin Warsh to serve as Federal Reserve chair Read Full Article at RT.com
Musk mulling mega-mergers – Bloomberg
Elon Musk is considering consolidating his business empire through potential mergers involving SpaceX, Tesla, and xAI, Bloomberg reports Read Full Article at RT.com
Trump warns UK it is ‘very dangerous’ to do business with China as Starmer visits Shanghai
Donald Trump has warned the UK it is “very dangerous” to do business with China, as Prime Minister Keir Starmer visits Shanghai following trade and investment agreements agreed in Beijing.…
Amazon in talks over $50bn investment in OpenAI as AI arms race accelerates
Amazon is in early talks to invest up to $50bn in OpenAI, as the ChatGPT maker seeks up to $100bn in funding at a valuation of around $830bn amid intense…
New wave of ‘zombie’ companies faces collapse as financial distress surges
Tens of thousands of UK companies are in critical financial distress, with high taxes, rising wage costs and weak demand threatening a new wave of business failures, warns Begbies Traynor.…