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Apple Boosts Face ID Tech Maker Finisar2m Updated Apple Boosts Face ID Tech Maker Finisar
Apple is awarding one of its key suppliers $390 million as part of its effort to fund domestic technology manufacturers.
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Currencies in USD
GBP 1,34 -0,075%
EUR 1,17 -0,256%
CHF 1,01 0,000%
Republican lawmakers say historic tax deal is agreed5m Republican lawmakers say historic tax deal is agreed
Republicans lawmakers in the US say they have agreed the biggest overhaul of the country's tax system in 30 years.
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Fed Raises Rates, Sticks to Forecast for 2018 Increases9m Updated Fed Raises Rates, Sticks to Forecast for 2018 Increases
The Federal Reserve said it would raise short-term interest rates for the third time this year and remained on track to chart a similar path next year, signaling continuity as the central bank enters a leadership reshuffle.
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 Chapel Down raises £19m to buy more vineyards 36m Chapel Down raises £19m to buy more vineyards
The money was secured from the issue of over 37m shares at 50p, with investors including an unnamed institutional investor and private equity giant IPGL.
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 DAILY BRIEFING: Holidaymakers return to Turkey 36m DAILY BRIEFING: Holidaymakers return to Turkey
Holidaymakers are returning to Turkey, according to holiday operator Tui, after it reported a 70 per cent rise in bookings to the country, which suffered a wave of terrorist attacks.
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 CITY DIARY: Hair-raising tributes for departing Fed boss 37m CITY DIARY: Hair-raising tributes for departing Fed boss
The Federal Reserve chairman, a sweet but rather dry old dear, is about to depart after President Donald Trump decided to replace her with Jay Powell next year.
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 Online estate agent Purplebricks revenues more than double 37m Online estate agent Purplebricks revenues more than double
The company, which was set up in 2014 and tempts customers to desert traditional high street agents by charging a flat fee, said first-half revenues jumped 150 per cent to £46.8m.
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 Heathrow consults local residents on new runway 37m Heathrow consults local residents on new runway
Britain’s biggest airport, in London, wants to build a third runway and a sixth terminal amid estimates that London’s airports will hit full capacity within 20 years.
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 ALEX BRUMMER: All change at Yellen’s Fed 37m ALEX BRUMMER: All change at Yellen’s Fed
Janet Yellen has done a 'spectacular job', in the words of President Trump. But she will still be stepping down from the most powerful role in global finance in six weeks.
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 Revolt at BT: Profits hit amid staff uproar over pensions 37m Revolt at BT: Profits hit amid staff uproar over pensions
After profit warnings, clashes with regulators and criticisms over awful broadband, the telecoms giant was last night on course for a fresh bust-up over pensions.
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 Fresh fears over British Steel pensions 37m Fresh fears over British Steel pensions
The Financial Conduct Authority has stepped in, concerned workers will lose huge chunks of their pensions due to rogue advisers pocketing sky-high fees.
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 MARKET REPORT: Double glazing shares given cold shoulder 37m MARKET REPORT: Double glazing shares given cold shoulder
Safestyle sells double glazed windows and doors but said business had struggled amid higher inflation and squeezes on consumer spending.
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US Federal Reserve raises interest rates again54m Updated US Federal Reserve raises interest rates again
The US central bank has moved to increase interest rates for the third time this year.
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Final GOP Deal Sets 21% Corporate Tax, Cuts for Top Earners58m Updated Final GOP Deal Sets 21% Corporate Tax, Cuts for Top Earners
House and Senate Republicans on Wednesday reached an agreement on the final version of a tax bill that would lower the top individual rate to 37% and set a corporate rate of 21%, while eliminating the corporate alternative minimum tax.
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Janet Yellen raises interest rates in final act as Federal Reserve chair1h 57m Janet Yellen raises interest rates in final act as Federal Reserve chair
Outgoing Fed chief’s ‘final pull of interest rate lever’ comes amid forecast of economic growth, news that will be cheered by Trump administration Federal Reserve chair Janet Yellen moved to raise interest rates again on Wednesday in her final major act as head of the US central bank. After a two day meeting the Fed cited the “strong” jobs market and growth in household and business spending for its decision to raise rates a quarter point to a range of 1.25% to 1.5%.
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Nearly 5 Million Americans in Default on Student Loans2h Nearly 5 Million Americans in Default on Student Loans
The number of Americans severely behind on payments on federal student loans reached 4.6 million in the third quarter, a doubling from four years ago, despite a historically long stretch of U.S. job creation and steady economic growth.
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Zara Shows Shrinking Profit Margins Despite Sales Increase3h Zara Shows Shrinking Profit Margins Despite Sales Increase
Shrinking profit margins at Inditex, the parent company of Zara, have exposed a weakness in a fashion behemoth that has largely avoided the problems battering the industry.
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Fed Raises Rates, Expects Increases to Continue in 20183h Fed Raises Rates, Expects Increases to Continue in 2018
The Federal Reserve said it would raise short-term interest rates for the third time this year and remained on track to chart a similar path next year, signaling continuity as the central bank enters a leadership reshuffle.
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Fed Raises Interest Rates as Focus Turns to 20183h Fed Raises Interest Rates as Focus Turns to 2018
The Federal Reserve raised its benchmark interest rate by a quarter-point and issued a new economic forecast.
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How the Fed Rate Increase Affects Your Mortgage, Car Loan and Credit Card Bill3h How the Fed Rate Increase Affects Your Mortgage, Car Loan and Credit Card Bill
The fifth increase in the Federal Reserve benchmark interest rate since the financial crisis will have a ripple effect on all types of consumer borrowing.
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Dixons Carphone: no longer a merger of equals3h Dixons Carphone: no longer a merger of equals
Disappointing half-year profits have laid bare the different fortunes of the combined companies
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Fed hikes rates for third time this year3h Fed hikes rates for third time this year
The US Federal Reserve has increased interest rates by a quarter of a percentage point - the third rate hike this year.
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Republicans Say They Have a Deal on Tax Bill3h Republicans Say They Have a Deal on Tax Bill
House and Senate negotiators reach agreement, appear on track to send bill to President Trump by Christmas
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Federal Reserve Expected to Raise Rates3h Updated Federal Reserve Expected to Raise Rates
The Federal Reserve is likely to raise short-term interest rates after its policy meeting concludes Wednesday, the fifth such increase since the Fed began raising rates from near zero two years ago.
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Website Helps Movie and TV Fans Keep Track of Hollywood’s ‘Rotten Apples’3h Website Helps Movie and TV Fans Keep Track of Hollywood’s ‘Rotten Apples’
Rotten Apples, a new searchable database, aims to help users quickly discover which films or television shows are linked to those facing sexual misconduct allegations.
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U.S. Economic Expansion Could Become Longest on Record3h Updated U.S. Economic Expansion Could Become Longest on Record
Forecasters are increasingly optimistic the U.S. economic expansion could continue beyond the 2020 presidential election, aided by Republican tax legislation that is expected to lift growth.
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DealBook Briefing: Will Taxes Cause the Fed to Raise Rates Faster?3h DealBook Briefing: Will Taxes Cause the Fed to Raise Rates Faster?
Investors expect the Fed to respond to the strength of the economy by announcing a quarter-point increase.
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3h Industrial Stocks Drive Wall Street Higher; Fed Decision Eyed
A surge in shares of Caterpillar and Boeing lifted the Dow industrials to record level in early afternoon trading on Wednesday, ahead of a widely-expected interest rate hike by the Federal Reserve.
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Bitcoin: Electrifying Investment, Lousy Currency3h Updated Bitcoin: Electrifying Investment, Lousy Currency
It’s too soon to know whether bitcoin is a bubble ready to burst, but not too soon to conclude that it has failed in its mission to be a viable alternative to sovereign currencies like the dollar, Greg Ip writes.
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The Year in Stuff4h The Year in Stuff
What a long, strange year it has been. Here are the pieces that defined it: what we wore, we carried, wanted, feared and waited for.
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Electronic Arts Needs the Force to Awaken Again4h Updated Electronic Arts Needs the Force to Awaken Again
Walt Disney isn’t the only company with a lot riding on the new Star Wars movie this week. Electronic Arts could really use a boost from the Force.
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Fall in employment rate spells end of UK jobs boom4h Updated Fall in employment rate spells end of UK jobs boom
Official figures reveal drop in number of people in work and pay rises lagging behind inflation Britain’s long jobs boom appears to have come to an end after
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Toyota Sees Half of Sales Coming From Hybrids, EVs4h Toyota Sees Half of Sales Coming From Hybrids, EVs
Toyota’s president became the latest auto chief to offer ambitious targets for hybrid and electric vehicles, saying the category would make up half of Toyota’s global sales by 2030.
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U.S. Consumer Prices Rose 0.4% in November4h Updated U.S. Consumer Prices Rose 0.4% in November
A bump in energy prices boosted U.S. consumer prices in November, but that masked a softening in underlying inflation trends.
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Crisis-hit Interserve calls in company doctor4h Crisis-hit Interserve calls in company doctor
Lenders to the troubled support services group Interserve have forced it to parachute in a company doctor in return for a £180m funding lifeline.
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Google Seeks Path Back to China With AI Lab4h Google Seeks Path Back to China With AI Lab
Search giant Google opened an artificial-intelligence lab in Beijing in a bid to attract China’s tech prodigies and strengthen its standing in the restrictive market.
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 MARKETS CLOSE: Banks post gains in London 4h Updated MARKETS CLOSE: Banks post gains in London
The FTSE 100 closed down 3.90 points at 7496.51, with gains among banks helping to keep London's index almost level on the day.
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Dixons Carphone warns of store closures as profits plummet by 60%5h Updated Dixons Carphone warns of store closures as profits plummet by 60%
Company looks to cut costs by reducing number of shops and switching to a simpler model of business after disappointing half-year results
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Talkaholics Sink Partnerships, Presentations---and Careers5h Updated Talkaholics Sink Partnerships, Presentations---and Careers
Executives who talk too much get into trouble during job hunts, board presentations, customer pitches and networking events. The common but correctable habit often communicates poor preparation, an overblown ego or low confidence, executive recruiters and coaches say.
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Will Regulators Penalize Fox-Disney Deal Over Sports?5h Updated Will Regulators Penalize Fox-Disney Deal Over Sports?
With viewers turning to streaming video, sports has come to dominate traditional TV. That’s one reason behind a potential 21st Century Fox-Disney deal. And it’s one reason why regulators could frown on such an agreement.
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DanTDM: the million-dollar jelly bean-eating gamer5h DanTDM: the million-dollar jelly bean-eating gamer
YouTube's highest earner discusses the lessons he has learnt as an entrepreneur.
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Four people arrested in UK raids over ticket touting5h Four people arrested in UK raids over ticket touting
National Trading Standards seizes computers and phones as part of investigation into secondary ticketing market
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 MARKETS LIVE: Investors turn attention to the Fed 5h Updated MARKETS LIVE: Investors turn attention to the Fed
America's interest rate setters are meeting today to confirm what is widely expected to be the next rate rise over the Atlantic.
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 MPs scold FCA in growing British Steel pensions furore 6h Updated MPs scold FCA in growing British Steel pensions furore
Steelworkers attending today's committee hearing told of their struggle to get help and information from reputable advisers and British Steel scheme administrators.
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The Race to Erase Kevin Spacey6h Updated The Race to Erase Kevin Spacey
“I took action,” the director Ridley Scott said of his whirlwind reshoot of “All the Money in the World,” which featured Christopher Plummer in a role originally filmed by Mr. Spacey.
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How Toni Mascolo gave hairdressing a makeover6h Updated How Toni Mascolo gave hairdressing a makeover
Toni Mascolo, with his brother Guy revolutionised hairdressing in London at the end of the last century.
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BoE regulator set to ditch gendered terms6h BoE regulator set to ditch gendered terms
The Bank of England has set out plans to end the use of gendered language in policy documents outlining rules for senior bankers.
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Tech Tip: 2017’s Best Technology Tips and Tricks: You Asked, We Answered6h Updated Tech Tip: 2017’s Best Technology Tips and Tricks: You Asked, We Answered
Readers of The Times’s personal technology section had lots of questions. Here we highlight the most compelling — in terms of their connection to current events or in reader response.
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Tech We’re Using: Busting the Myths About A.I. Invading Our Lives6h Tech We’re Using: Busting the Myths About A.I. Invading Our Lives
Cade Metz, a technology reporter for The Times, assesses the pitfalls of A.I. and the possibilities that Skynet will rule us.
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Racy Virtual-Reality Assistant Pulled After Questions Raised6h Updated Racy Virtual-Reality Assistant Pulled After Questions Raised
A Chinese tech company pulled offline a virtual-reality avatar depicted as a flirtatious secretary in revealing clothes, hours after The Wall Street Journal asked whether such depictions encourage a view of women as sexual objects in the workplace.
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GOP Bridging Divide in House, Senate Tax Plans7h Updated GOP Bridging Divide in House, Senate Tax Plans
Republicans reconciling House and Senate tax bills say they are narrowing their differences. Under discussion: a lower top individual tax rate, corporate rate of 21% or 22%, interest deductions on mortgages up to $750,000.
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 How to get a living room that will sell your home 7h Updated How to get a living room that will sell your home
We take a look at how to get living room to sell your home and get some tips from an estate agent on what buyers want.
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 Fiat Punto gets awarded the lowest crash test rating ever 7h Updated Fiat Punto gets awarded the lowest crash test rating ever
The Fiat Punto, a new car you can buy from a UK showroom today, has been awarded the lowest crash test rating of all time, according to new Euro NCAP assessments.
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Unibail Who? The French Mall Owner Is Buying Westfield for $15.7 Billion7h Updated Unibail Who? The French Mall Owner Is Buying Westfield for $15.7 Billion
Even in its home market of France, Unibail-Rodamco isn’t a well-known corporate name. But if it consummates a deal with Westfield, it will be the world’s second-largest mall operator by market capitalization.
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Bank of England to remove gendered language8h Updated Bank of England to remove gendered language
Chairman will be chair and "grandfathering" will no longer exist under plans by the regulator.
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 Alpine A110 sports car review 8h Updated Alpine A110 sports car review
Alpine is back! After more than two decades on the shelf, Renault has relaunched the French sports car name, and the first new model to feature the badge is a peppy little sports car.
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Arrests of Reporters in Myanmar Add to Fears About Press Freedom8h Arrests of Reporters in Myanmar Add to Fears About Press Freedom
News agencies said two Reuters journalists were accused of illegally possessing government documents. The U.S. Embassy called the arrests “highly irregular.”
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China Names and Shames Tech Tycoon With Debt Blacklist8h China Names and Shames Tech Tycoon With Debt Blacklist
The ambitious head of an embattled tech company is the latest casualty of China’s efforts to rein in irresponsible borrowing through public humiliation.
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8h Newcastle takeover: Mike Ashley close to agreeing £300m deal to sell club
Newcastle's owner Mike Ashley is close to reaching a £300m deal with British businesswoman Amanda Staveley over the sale of the club.
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Water bills set to fall by up to £25 from 20208h Updated Water bills set to fall by up to £25 from 2020
Water bills in England and Wales will fall by between £15 and £25 a year from 2020 onwards, the regulator Ofwat says.
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Mike Ashley given bloody nose over brother8h Mike Ashley given bloody nose over brother
Sports Direct boss Mike Ashley has suffered his latest bloody nose at the hands of shareholders after they rejected his proposal for the company to pay his brother £11m.
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The Fallout from Alabama’s Senate Election: DealBook Briefing8h The Fallout from Alabama’s Senate Election: DealBook Briefing
Doug Jones’s victory over Roy Moore trims the Republican majority in the Senate to one, potentially making it harder for the G.O.P. to advance its agenda.
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 Is adviser fair to charge £3k a year to invest a pension? 8h Updated Is adviser fair to charge £3k a year to invest a pension?
During our meeting I was advised the annual management charge would be 1.54% which sounded reasonable but after adding it up, it amounted to nearly £3,000 a year.
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 Ray Massey on the new DS7 Crossback 9h Updated Ray Massey on the new DS7 Crossback
The new DS7 Crossback is aimed as a Gallic riposte to the dominant German, Japanese and British upmarket luxury off-roaders.
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Wage squeeze continues for British households9h Wage squeeze continues for British households
Earnings grew by 2.3% in the three months to October, lagging inflation for a seventh month.
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 New car gets awarded the lowest crash test rating ever 9h Updated New car gets awarded the lowest crash test rating ever
A new car you can buy from a UK showroom today has just been awarded the lowest crash test rating of all time, according to new assessments. Can you guess which one it is?
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BlackRock backs Brydon in stock exchange row9h BlackRock backs Brydon in stock exchange row
The world’s biggest asset manager is throwing its weight behind the chairman of the London Stock Exchange Group (LSEG) as an activist investor continues to pursue his immediate sacking.
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 Number of people claiming unemployment benefit edges up 9h Updated Number of people claiming unemployment benefit edges up
Between August and October, 56,000 fewer people had jobs than between May and July - with the fall almost all among full-time men, today's figures show.
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UK employment total drops, but pay growth picks up - as it happened9h UK employment total drops, but pay growth picks up - as it happened
Economists warn that the UK labour market may have peaked, as the number of people in work falls for the second month running
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 Vote for the worst customer service in our Wooden Spoon 9h Updated Vote for the worst customer service in our Wooden Spoon
If you've been let down by a telecom firm, passed from pillar to post by your power supplier or left brimming with rage by a bank, this is your chance to get your own back.
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 No excuse for Banks to fob off fraud victims says minister 9h Updated No excuse for Banks to fob off fraud victims says minister
Security minister Ben Wallace says technology already exists to track down stolen cash and return it to victims. The computer program banks need is understood to be going through final tests.
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 Why you should look beyond the FTSE 100 for dividends 9h Updated Why you should look beyond the FTSE 100 for dividends
Many income investors are guilty of relying too heavily on the so called dividend stalwarts in the FTSE 100, but there are plenty of opportunities away from the big guns.
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 Fulham FC plugs ultra high-risk investments 9h Updated Fulham FC plugs ultra high-risk investments
Second-division Fulham this month signed a sponsorship deal with ICM Capital, which offers risky investments called contracts for difference (CFDs).
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Facebook to Give Countries a Chance to Tax Its Profits From Local Ads9h Updated Facebook to Give Countries a Chance to Tax Its Profits From Local Ads
Facebook plans to book more revenue in the countries where it sells ads, becoming the latest tech company to bow to pressure from nations to simplify its tax structure and potentially pay more income tax overseas.
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Dixons Carphone profits hit by smartphone slump10h Dixons Carphone profits hit by smartphone slump
Dixons Carphone is planning to scale back its mobile phone operations after a half-year profits collapse.
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Apple Invests in Face ID Tech Maker Finisar10h Updated Apple Invests in Face ID Tech Maker Finisar
Apple is awarding one of its key suppliers $390 million as part of its effort to fund domestic technology manufacturers.
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Disney reportedly closes in on $60bn Fox deal10h Disney reportedly closes in on $60bn Fox deal
Two of the world's biggest media and entertainment companies are reportedly poised to pull the trigger on the biggest shake-up in Hollywood for decades.
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UK wage growth continues to lag inflation10h Updated UK wage growth continues to lag inflation
Earnings grew by 2.3% in the three months to October, falling behind inflation for a seventh month.
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 Brexit-hit pound forces Britons to cancel long-haul plans 10h Brexit-hit pound forces Britons to cancel long-haul plans
In its annual results, the Berlin-based travel group said it was concerned about whether or not its aircrafts would be able to continue using EU airspace freely after Brexit.
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Google, Looking to Tiptoe Back into China, Announces A.I. Center10h Google, Looking to Tiptoe Back into China, Announces A.I. Center
The move also nods to the country’s growing strengths in artificial intelligence, and is the latest A.I. effort set up by a Western tech company in the country.
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UK employment total drops, but pay growth picks up - business live10h Updated UK employment total drops, but pay growth picks up - business live
Rolling coverage of the latest UK labour market statistics, and other events across the markets
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Codemasters races towards £100m market debut11h Codemasters races towards £100m market debut
Codemasters, one of the oldest names in Britain’s video games industry, is laying the ground to make its London Stock Exchange debut more than a decade after aborting an earlier plan.
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Toshiba, Western Digital Make Peace11h Updated Toshiba, Western Digital Make Peace
A battle of multibillion-dollar investments in the memory-chip business is set to accelerate after Toshiba and Western Digital patched up their differences to take on Samsung Electronics.
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GE Probed Who Knew About Spare Jet for Immelt11h Updated GE Probed Who Knew About Spare Jet for Immelt
General Electric recently conducted an internal review into the flying of a spare business jet to accompany former CEO Jeff Immelt, as it seeks to understand an unusual practice that went on for years and surprised investors when they learned of it in October.
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Homes for hospitality – in pictures11h Homes for hospitality – in pictures
You’ll find a warm welcome at these properties well suited to entertaining, from an 18th century barn to a mansion
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 Taxman goes for a curry to snare tax-evading restaurant 11h Updated Taxman goes for a curry to snare tax-evading restaurant
Monir Miah was jailed for two years after admitting to lying about his takings from The Crown of India, in Stone, Staffordshire, and falsifying VAT repayment claims.
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The Fed and Interest Rates: What to Watch For Today12h The Fed and Interest Rates: What to Watch For Today
The Federal Reserve is expected to raise its benchmark interest rate by a quarter point, and to issue a new economic forecast.
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Rising Coal Exports Give Short-Term Aid to an Ailing Industry12h Rising Coal Exports Give Short-Term Aid to an Ailing Industry
With supplies down elsewhere, American producers are seeing more demand overseas, lifting revenue and jobs. But the upturn may not last.
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Q&A: In Pittsburgh, the Airport Is a Destination12h Q&A: In Pittsburgh, the Airport Is a Destination
It’s open to non-passengers for shopping, dining and meeting people at the gate. Here’s how — and why — it works.
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State of the Art: How 2017 Became a Turning Point for Tech Giants12h State of the Art: How 2017 Became a Turning Point for Tech Giants
For the first time, big tech companies began to accept responsibility in 2017 for how their platforms affect the world. The scope of that change remains unclear.
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 ASK TONY: Switching to a new O2 tariff made my bill soar 12h ASK TONY: Switching to a new O2 tariff made my bill soar
I was paying mobile phone network provider O2 £19 a month for a contract, which included unlimited minutes. I was told I could reduce the cost to £17 a month for 1,000 minutes.
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 Boost monthly income with NS&I Guaranteed Income Bonds 12h Updated Boost monthly income with NS&I Guaranteed Income Bonds
Its one-year rate at 1.45% is attractive compared with big banks and building societies - although you can do better with newer banks. The NS&I bonds are also only on sale online.
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 Small challenger banks beat rivals for top cash Isa rates 12h Small challenger banks beat rivals for top cash Isa rates
Last week, Virgin Money upped the rate it pays on its one-year fixed-rate cash Isa to 1.41% for new savers. Aldermore quickly followed, pushing its rate up to 1.35%.
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 Why that Christmas voucher might be worthless by June 12h Updated Why that Christmas voucher might be worthless by June
Research shows retailers pocket up to £300 million a year from cards that customers fail to spend before they become worthless, as expiry dates kick in. We reveal how long they last.
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 ASK TONY:  Switching to a new O2 tariff made my bill soar 12h Updated ASK TONY:  Switching to a new O2 tariff made my bill soar
I was paying mobile phone network provider O2 £19 a month for a contract, which included unlimited minutes. I was told I could reduce the cost to £17 a month for 1,000 minutes.
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UK unemployment lowest since 197512h UK unemployment lowest since 1975
UK unemployment rate falls to 1.43 million in the three months to October - the joint lowest it's been since 1975
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12h Job numbers slip back as pay squeeze eases
The number of people in work has fallen by the most in more than two years, while wage growth increased, official figures show.
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 No excuse for Banks to fob off fraud victims - minister 13h Updated No excuse for Banks to fob off fraud victims - minister
Security minister Ben Wallace says technology already exists to track down stolen cash and return it to victims. The computer program banks need is understood to be going through final tests.
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 Warning over Easeyourmortgage £260 fee to find errors 13h Updated Warning over Easeyourmortgage £260 fee to find errors
Homeowners are being lured into handing over cash to a claims firm which says it could get a large chunk of their mortgage debt wiped off.
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Dixons Carphone profits fall on weak demand for mobiles13h Updated Dixons Carphone profits fall on weak demand for mobiles
Phone sales tumble at the retailer as consumers hold onto their handsets for longer.
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 DAN HYDE: Banks must start tracking down fraudsters 13h Updated DAN HYDE: Banks must start tracking down fraudsters
Banks have been fobbing off fraud victims with the same old excuse for years. By the time someone realises their account has been raided their bank says it's too late to recover the money.
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 So which firm drove you up the wall in 2017? 13h Updated So which firm drove you up the wall in 2017?
If you've been let down by a telecom firm, passed from pillar to post by your power supplier or left brimming with rage by a bank, this is your chance to get your own back.
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UK unemployment report puts pay growth in focus - business live13h Updated UK unemployment report puts pay growth in focus - business live
Rolling coverage of the latest UK labour market statistics, and other events across the markets
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Ofwat pledges lower water bills in England and Wales13h Ofwat pledges lower water bills in England and Wales
Water bills for England and Wales will fall by between £15 and £25 a year from 2020 onwards, the regulator Ofwat says.
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Google to open artificial intelligence centre in China13h Updated Google to open artificial intelligence centre in China
Silicon Valley giants are focusing heavily on artificial intelligence and its future applications.
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Ofwat pledges lower water bills England and Wales14h Updated Ofwat pledges lower water bills England and Wales
Water bills for England and Wales will fall by between £15 and £25 a year from 2020 onwards, the regulator Ofwat says.
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Ofwat pledges to lower England and Wales water bills14h Ofwat pledges to lower England and Wales water bills
Water bills for England and Wales will fall by £15-£25 a year from 2020 onwards, the regulator Ofwat says.
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Disney set to seal $60bn 21st Century Fox takeover15h Updated Disney set to seal $60bn 21st Century Fox takeover
A sale of Rupert Murdoch's entertainment assets could be confirmed as soon as Thursday, reports say.
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Credit ratings agency wrote to me about a hack, but how did it get my details?15h Credit ratings agency wrote to me about a hack, but how did it get my details?
I have never dealt with Equifax and don’t have a mortgage, credit card or loan
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MPs demand close ties to Euratom post-Brexit15h MPs demand close ties to Euratom post-Brexit
More than 100 MPs have called on the Government to retain as close a relationship as possible with the body which regulates the nuclear industry across Europe after Brexit.
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Belgium’s Lavish Energy Use Sheds Light on More Than Just Its Roads16h Belgium’s Lavish Energy Use Sheds Light on More Than Just Its Roads
The country keeps two million streetlights on overnight, generating profits for utilities and politicians at a cost for consumers and the environment.
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Toshiba Settles Fight With Western Digital That Imperiled a Major Deal16h Toshiba Settles Fight With Western Digital That Imperiled a Major Deal
The ailing Japanese conglomerate, which bet badly on U.S. nuclear power, can now proceed with a deal that will bring it $14 billion in needed cash.
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Recent Commercial Real Estate Transactions17h Updated Recent Commercial Real Estate Transactions
Recent commercial real estate transactions in New York.
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Square Feet: St. Louis Reconnects With the Gateway Arch and Its Pioneer Spirit17h Updated Square Feet: St. Louis Reconnects With the Gateway Arch and Its Pioneer Spirit
A $380 million project to expand the grounds and visitor center of the Gateway Arch will link downtown St. Louis and the Mississippi.
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 City Diary: Another piece of bad publicity for Uber 17h Updated City Diary: Another piece of bad publicity for Uber
Uber hardly covered themselves in glory during Monday’s failed pipe bombing when stranded commuters were charged nearly four times the regular amount for using its cars.
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Saudi Aramco Ramps Up Spending to Over $40 Billion a Year17h Updated Saudi Aramco Ramps Up Spending to Over $40 Billion a Year
Saudi Arabian Oil Co. unveiled a plan to invest more than $40 billion a year in projects over the next decade, a significant expansion for the world’s largest energy company ahead of its expected public listing.
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Lottery good causes income down 15% as players shun draws17h Lottery good causes income down 15% as players shun draws
National Lottery cash for good causes fell 15% to £1.6bn last year, the spending watchdog finds.
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India Bans Condom Ads From Prime-Time TV18h Updated India Bans Condom Ads From Prime-Time TV
Conservative social groups pressured the government to crack down on the commercials, saying they were inappropriate for children.
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York refuses to grant Uber licence to operate18h York refuses to grant Uber licence to operate
York has refused to grant ride-hailing app Uber a licence to operate following a number of complaints in the city.
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Big Boss Nintendo Seeks New Sidekicks in Smartphone Battle18h Big Boss Nintendo Seeks New Sidekicks in Smartphone Battle
Nintendo is looking to expand tie-ups with software developers to strengthen its smartphone-game lineup after an early alliance aimed at cracking the mobile market fell behind schedule.
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Mall Operator Westfield Agrees to Takeover Bid Valued at $16 Billion18h Updated Mall Operator Westfield Agrees to Takeover Bid Valued at $16 Billion
Westfield, the Australian operator of marquee malls from California to New York’s World Trade Center, agreed to a $15.7 billion takeover offer from European shopping-center giant Unibail-Rodamco.
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Shivering Children, Pricier Spandex: The Impact of China’s Energy Stumble19h Shivering Children, Pricier Spandex: The Impact of China’s Energy Stumble
China tried this fall to replace much of its coal with natural gas. But with supplies running short, chemical factories have been closed.
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Toshiba settles legal disputes with Western Digital19h Toshiba settles legal disputes with Western Digital
The Japanese firm needs to sell its valuable memory chip unit to cover losses from its nuclear business.
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 Westfield boss Sir Frank Lowy built the shopping empire 20h Westfield boss Sir Frank Lowy built the shopping empire
The £18.5bn sale of the Westfield shopping centre colossus by self-made Australian billionaire Sir Frank Lowy to an ungainly named European rival Unibail-Rodamco is a signal moment.
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Disney’s Deal for 21st Century Fox Is Said to Be Close21h Disney’s Deal for 21st Century Fox Is Said to Be Close
The $60 billion-plus acquisition would give Disney control of most of Rupert Murdoch’s movie and TV empire, and give a serious boost to the company’s streaming ambitions.
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 Ex Talk Talk boss Dame Dido Harding joins The Jockey Club 21h Ex Talk Talk boss Dame Dido Harding joins The Jockey Club
The 50-year-old peer, a keen amateur jockey who is chairman of regulator NHS Improvement, will sit on the so-called board of stewards from January 1. It appears to be a perfect match for both parties.
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 ALEX BRUMMER: Aussie pioneer bails out 21h ALEX BRUMMER: Aussie pioneer bails out
The £18.5bn sale of the Westfield shopping centre colossus by self-made Australian billionaire Sir Frank Lowy to an ungainly named European rival Unibail-Rodamco is a signal moment.
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 Disney to make £45bn bid for Fox this week 21h Disney to make £45bn bid for Fox this week
Sources say the two entertainment titans are on the verge of an agreement following weeks of talks. The final step came when rival bidder Comcast pulled out of negotiations Monday.
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 DAILY BRIEFING: Atos targets card microchip maker Gemalto 21h DAILY BRIEFING: Atos targets card microchip maker Gemalto
French tech firm Atos wants to buy Dutch credit card microchip maker Gemalto, which has issued four profit warnings, for £3.8bn.
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 Westfield shopping malls sold for £18bn 21h Westfield shopping malls sold for £18bn
Sir Frank Lowy, who built Westfield into a global powerhouse, has struck a deal with French rival Unibail-Rodamco more than half a century after he set up the business in Sydney in 1960.
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 Cineworld faces shareholder revolt over Regal takeover 21h Cineworld faces shareholder revolt over Regal takeover
Royal London Asset Management, which has a 4 per cent stake in Cineworld, said it was worried about the amount of debt being taken on to finance the deal.
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 Carpetright is floored by family who ran it for 75 years 21h Carpetright is floored by family who ran it for 75 years
One of Britain's biggest flooring retailers, the company has been hammered since the launch of Tapi, which is run by Martin Harris who was with Carpetright for 23 years.
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 Hedge fund set to lose vote to oust LSE chairman 21h Hedge fund set to lose vote to oust LSE chairman
Donald Brydon is locked in a battle with billionaire hedge fund boss Sir Chris Hohn and faces a showdown which could see him sacked in a shareholder ballot on Tuesday.
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 MARKET REPORT: How saving dolphins lifted Ashtead 21h MARKET REPORT: How saving dolphins lifted Ashtead
Shares in the company soared after it revealed it had seen a surge in demand for its fleet following the disaster that savaged much of America and the Caribbean earlier this year.
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Quakes and Fires? It’s the Cost of Living That Californians Can’t Stomach21h Quakes and Fires? It’s the Cost of Living That Californians Can’t Stomach
For many Californians, natural disasters are a moment to take stock and rethink the dream. But in the end, it almost always comes down to cost.
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Nintendo Looks for Help to Raise Its Smartphone Game21h Nintendo Looks for Help to Raise Its Smartphone Game
Nintendo is looking to expand tie-ups with software developers to strengthen its smartphone-game lineup after an early alliance aimed at cracking the mobile market fell behind schedule, people familiar with the matter said.
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20% vs. 22%: The Tension Over Two Points in the Corporate Tax Rate22h Updated 20% vs. 22%: The Tension Over Two Points in the Corporate Tax Rate
As House and Senate lawmakers continue hashing out differences between their tax-overhaul bills, some are pushing a less-drastic cut in the corporate tax rate to find money for a variety of interests.
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Government Cleans House at Audit Regulator22h Updated Government Cleans House at Audit Regulator
Five new board members were appointed to oversee the Public Company Accounting Oversight Board, a regulator of auditors who examine the books of publicly traded companies.
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Cars of future will spot potholes and tell us, says Highways England22h Cars of future will spot potholes and tell us, says Highways England
‘Connected vehicles’ should improve efficiency of route maintenance and improve safety, report predicts Cars of the future could be programmed to spot potholes and transmit the information to Highways England, the government body responsible for roads. In a report published on Wednesday, Highways England said “connected vehicles” could improve the efficiency of route maintenance, while simultaneously improving safety.
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Testing values22h Testing values
The next international Pisa tests are going to compare how well young people understand other cultures.
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Fashion contender22h Fashion contender
Despite being based in a small Welsh town, the Hiut Demin Company is exporting its jeans globally.
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The small jeans firm with a big ambition22h The small jeans firm with a big ambition
With a workforce of just 15 people, the Hiut Denim Company now sells its jeans around the world from its small factory in rural Wales.
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NFL Network Suspends Three Former Players After Sexual-Harassment Allegations22h Updated NFL Network Suspends Three Former Players After Sexual-Harassment Allegations
The NFL Network has suspended three members of its on-air team—Marshall Faulk, Ike Taylor and Heath Evans—in response to allegations of sexual harassment made in a lawsuit by a former employee.
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My close escape from £10,000 bank scam22h My close escape from £10,000 bank scam
Barry Fox, 72, says he had "a close shave" with scammers when trying to buy a Rolls Royce on eBay.
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Ken Friedman, Power Restaurateur, Is Accused of Sexual Harassment22h Updated Ken Friedman, Power Restaurateur, Is Accused of Sexual Harassment
Ten female employees say they were sexually harassed by the owner of the Spotted Pig. Dozens described it as a toxic workplace fueled by fame and fear.
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In Spending Spree, European Mall Operator Bets on Westfield22h In Spending Spree, European Mall Operator Bets on Westfield
Though malls are struggling, Unibail-Rodamco is set to acquire Westfield, the owner of shopping centers including the mall at One World Trade Center.
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Sexual Harassment Cases Show the Ineffectiveness of Going to H.R.22h Updated Sexual Harassment Cases Show the Ineffectiveness of Going to H.R.
Human resources departments face a quandary: protect the employees who bring complaints or the companies that employ them.
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Macon Brock Jr., Co-Founder of Dollar Tree, Dies at 7523h Macon Brock Jr., Co-Founder of Dollar Tree, Dies at 75
Years in the toy business gave Mr. Brock the merchandising skills that sent him around the world looking for products for his discount stores.
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 Warning over £260 fee to find mortgage errors 23h Warning over £260 fee to find mortgage errors
The Advertising Standards Authority said last month that Easeyourmortgage.co.uk 'did not make it sufficiently clear that [its claims] were based on a theoretical possibility only'.
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 Small banks trump rivals for Isa rates 23h Small banks trump rivals for Isa rates
Last week, Virgin Money upped the rate it pays on its one-year fixed-rate cash Isa to 1.41 per cent for new savers. Aldermore quickly followed, pushing its rate up to 1.35 per cent.
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Breakingviews: Exxon Climate U-turn: Investors Should Do Their Homework23h Breakingviews: Exxon Climate U-turn: Investors Should Do Their Homework
Exxon’s reputation for providing self-serving estimates about how global warming will affect its business means investors should not just take the company at its word.
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25,000 children in Britain are problem gamblers, report finds23h 25,000 children in Britain are problem gamblers, report finds
Gambling Commission says children encounter gambling through social media and computer games
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World Bank to end financial support for oil and gas exploration24h World Bank to end financial support for oil and gas exploration
Bank announces in Paris it ‘will no longer finance upstream oil and gas’ after 2019 in response to threat posed by climate change The World Bank will end its financial support for oil and gas exploration within the next two years in response to the growing threat posed by climate change. In a statement that delighted campaigners opposed to fossil fuels, the Bank used a conference in Paris to announce that it “will no longer finance upstream oil and gas” after 2019.
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As the Fed Deliberates, Amazon Is Making Its Job More Difficult24h Updated As the Fed Deliberates, Amazon Is Making Its Job More Difficult
Web-driven comparison shoppers are keeping a lid on inflation and weakening retailers’ pricing power, complicating the Federal Reserve’s deliberations on how much and how fast to raise interest rates.
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Breakingviews: The Popping of the Gun Bubble24h Breakingviews: The Popping of the Gun Bubble
Though the firearms trade has never had a better friend in the White House than President Trump, the industry is in dismal shape.
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Indiegogo Goes Where Few Companies Dare: Into Initial Coin Offerings24h Updated Indiegogo Goes Where Few Companies Dare: Into Initial Coin Offerings
I.C.O.s have been big this year, but few established names have touched them. Indiegogo, the crowdfunding site, is looking to change that.
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Inflation rises to 3.1%, adding to UK cost of living squeeze24h Updated Inflation rises to 3.1%, adding to UK cost of living squeeze
Dearer computer games, smaller than expected falls in airfares, plus rising food, transport and clothing costs spur rate to near six-year high The government has admitted households are feeling the pain from rising inflation after the cost of living rose to a near six-year high of 3.1% in November. Amid fears that the intensifying pressure on living standards will hit high street spending in the runup to Christmas, the financial secretary to the Treasury, Mel Stride, said 2018 would bring better news.
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Sexual Harassment Training Doesn’t Work. But Some Things Do.24h Updated Sexual Harassment Training Doesn’t Work. But Some Things Do.
Traditional methods can backfire, but ideas like teaching bystanders to intervene and promoting more women have proved effective.
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The Shift: I Was Wrong About Bitcoin. Here’s Why.24h The Shift: I Was Wrong About Bitcoin. Here’s Why.
Our columnist predicted in 2013 that Bitcoin, then a new digital currency, would soon die. He points to five assumptions he got wrong.
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25h S&P, Dow Rise With Help From Banks; Nasdaq Lags
The S&P 500 and the Dow industrials registered record closing highs on Tuesday with a boost from bank stocks as investors eyed a potential cut in U.S. corporate taxes and continued economic growth after strong inflation data.
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25h Wall Street Hits Record Closing Highs; Banks Rise
The S&P 500 and the Dow registered record closing highs on Tuesday with a boost from bank stocks as investors eyed a potential cut in U.S. corporate taxes and continued economic growth after strong inflation data.
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Economic Scene: Tax Plan’s Biggest Cuts Could Be in Living Standards25h Updated Economic Scene: Tax Plan’s Biggest Cuts Could Be in Living Standards
Cutting taxes is mostly an exercise in slicing the economic pie a different way, not making it bigger, with gains for a few offset by losses for many.
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Satellite firm Avanti plots $550m debt deal26h Satellite firm Avanti plots $550m debt deal
The London-listed satellite company Avanti Communications will take a big step towards shrinking its mammoth debts on Wednesday when it unveils plans to hand bondholders a $550m equity stake.
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Need Stretchy Pants? China’s Energy Squeeze May Mean Higher Prices26h Updated Need Stretchy Pants? China’s Energy Squeeze May Mean Higher Prices
China tried this fall to replace much of its coal with natural gas. But with supplies running short, chemical factories have been closed.
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How Alabama’s Election Could Reshape Washington’s Policy Battles: DealBook Briefing26h How Alabama’s Election Could Reshape Washington’s Policy Battles: DealBook Briefing
Reducing Republicans’ majority in the Senate by just one seat may have big effects on debates about health care, infrastructure, taxes and more.
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UK fuel prices could rise by 3p a litre after North Sea pipeline closure26h Updated UK fuel prices could rise by 3p a litre after North Sea pipeline closure
RAC warns price of unleaded petrol could climb to 123.76p as oil price is sent soaring by string of incidents The RAC has warned British drivers they could be paying 3p a litre more for fuel by Christmas after the shutdown of a major North Sea pipeline hit oil prices. The warning came as an
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Westfield sale looks like a knee-jerk reaction to the Amazon age | Nils Pratley26h Westfield sale looks like a knee-jerk reaction to the Amazon age | Nils Pratley
The rush to consolidate by owners of large shopping centres suggests they are seeking protection from the rise of online rivals The crisis of confidence among owners of large shopping centres is contagious. Last week it was Hammerson, the Birmingham Bullring folk,
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Toni Mascolo, co-founder of salon chain Toni & Guy, dies27h Toni Mascolo, co-founder of salon chain Toni & Guy, dies
Italian-born hairdresser who built his south London salon into a global chain dies
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Ryanair pilots based in Ireland to stage one-day strike next week27h Ryanair pilots based in Ireland to stage one-day strike next week
Up to 117 pilots expected to take action, with airline’s flights to and from Dublin, Shannon and Cork likely to be affected Pilots working for Ryanair in Ireland have called a one-day strike next week, potentially disrupting flights for Europe’s biggest airline on its home territory.
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U.S. Business Prices Rose Broadly in November27h Updated U.S. Business Prices Rose Broadly in November
A gauge of U.S. business prices rose across a broad range of goods and services in November, a signal of building price pressures at a time when inflation has remained puzzlingly low.
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Deliveroo and UberEats restaurant clients face new rules27h Deliveroo and UberEats restaurant clients face new rules
Restaurants face having to seek planning permission if they heavily use food delivery apps.
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UK faces Christmas squeeze as inflation hits 3.1%, outpacing wages – as it happend28h UK faces Christmas squeeze as inflation hits 3.1%, outpacing wages – as it happend
Food, fuel, airline fares and recreational costs have driven the cost of living up at its fastest rate since March 2012
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EU announces €9bn in funding for climate action28h Updated EU announces €9bn in funding for climate action
EU funds will be focused on clean energy, and sustainable cities and agriculture, with Bill and Melinda Gates Foundation also pledging $300m towards climate adaptation The European commission has announced funding of €9bn (£8bn) for action on climate change, one of
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Palmer & Harvey: 400 more workers lose jobs weeks before Christmas28h Palmer & Harvey: 400 more workers lose jobs weeks before Christmas
Administrators say they have failed to secure deal to sell part of wholesaler, resulting in new round of redundancies More than 400 more people have lost their jobs at the groceries wholesaler Palmer & Harvey less than a fortnight before Christmas as administrators’ attempts to sell part of the business failed. The group, which delivered goods to 90,000 grocery and convenience stores, including
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Carpetright shares hit as profit forecast cut28h Updated Carpetright shares hit as profit forecast cut
The retailer says full-year profits will be at the low end of forecasts amid an "unpredictable" market.
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 MARKETS CLOSE: London finishes up as oil price strengthens 28h Updated MARKETS CLOSE: London finishes up as oil price strengthens
The FTSE 100 closed up 46.93 points at 7500.41, as traders digest a rise in the headline inflation rate to 3.1 per cent.
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Ryanair pilots to strike before Christmas29h Updated Ryanair pilots to strike before Christmas
Some passengers face disruption after 79 Dublin-based pilots and others around Europe plan walkouts.
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 MARKETS LIVE: Brent crude breaks above $65 a barrel 29h Updated MARKETS LIVE: Brent crude breaks above $65 a barrel
Brent crude breaks above $65 a barrel. In focus today will be a UK Inflation data barrage with expectations for a slight pick-up in Consumer Price Inflation in November.
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 December 22 and 23 2017 may be busiest supermarket days 29h Updated December 22 and 23 2017 may be busiest supermarket days
The Friday and Saturday before Christmas could be the busiest supermarket shopping days in history, according to consumer panel Kantar Worldpanel.
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New mortgage lending in UK reaches highest level since 200830h New mortgage lending in UK reaches highest level since 2008
Boom driven by people remortgaging homes to lock- in cheap deals as proportion lent to first-time buyers falls British households are taking on the highest levels of fresh mortgage debt since the beginning of 2008, spurred by low interest rates from the
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Austria Gas Explosion Leaves One Dead and 18 Injured30h Updated Austria Gas Explosion Leaves One Dead and 18 Injured
The blast at the Baumgarten facility, the country’s largest entry point for natural gas, raised concerns about tightening energy supplies across Europe.
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Facebook to overhaul Irish tax scheme30h Facebook to overhaul Irish tax scheme
The advertising giant is to change its tax arrangements in about 30 countries after a similar move in the UK.
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Toshiba and Western Digital Resolve Dispute Over Chip Unit30h Updated Toshiba and Western Digital Resolve Dispute Over Chip Unit
Toshiba and Western Digital agreed to settle a dispute over the Japanese company’s planned sale of its memory-chip unit, clearing a major hurdle to the nearly $18 billion deal.
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Roy Reed, Times Reporter Who Covered the Civil Rights Era, Dies at 8730h Updated Roy Reed, Times Reporter Who Covered the Civil Rights Era, Dies at 87
Mr. Reed was with Martin Luther King when he was released from jail in Selma, Ala., and with protesters on Bloody Sunday at the Pettus Bridge.
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Facebook in major tax overhaul30h Updated Facebook in major tax overhaul
Facebook is to change its tax structure in about 30 countries after a similar move in the UK.
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31h Boeing, Bank Stocks Lift Dow, Techs Weigh on S&P, Nasdaq
The Dow Jones Industrial Average edged higher on Tuesday, with a 3 percent jump in shares of Boeing and rise in financial stocks, while losses in technology stocks weighed on the S&P 500 and the Nasdaq.
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U.S. Producer Prices Rose Robustly in November31h U.S. Producer Prices Rose Robustly in November
A gauge of U.S. business prices rose in November, pointing to emerging inflation pressure in the economy.
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In Spending Spree, Shopping Mall Operator Bets on Westfield31h In Spending Spree, Shopping Mall Operator Bets on Westfield
Unibail-Rodamco is set to acquire Westfield, owner of the Garden State Plaza in New Jersey and the shopping center at One World Trade Center, among others.
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A Late 2017 Tax Plan Could Spell Trouble for Your 2018 Paycheck31h A Late 2017 Tax Plan Could Spell Trouble for Your 2018 Paycheck
The largest payroll group in America is raising a big concern about the new tax plan: There simply isn’t enough time to figure out withholding for 2018.
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Ryanair pilots to strike ahead of Christmas31h Ryanair pilots to strike ahead of Christmas
Around half of Irish based Ryanair pilots are due to strike days before Christmas in a long running dispute over workers' rights.
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Apple Acquires Shazam and Its Song-Recognition App31h Updated Apple Acquires Shazam and Its Song-Recognition App
Apple has acquired Shazam Entertainment, giving it one of the popular song-recognition apps at a time the iPhone maker is looking to boost its music-subscription service.
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A shocking way to fund UK care homes | Nils Pratley32h Updated A shocking way to fund UK care homes | Nils Pratley
The Four Seasons Health Care crisis is mainly down to financial engineering gone wrong. Have we learned nothing? Why is Four Seasons Health Care, the country’s largest care homes operator, in financial difficulty? Why is the regulator, the Care Quality Commission,
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Multiyork cuts staff as it searches for a buyer32h Multiyork cuts staff as it searches for a buyer
The Norfolk-based firm has shed 112 staff and left a further 500 employees facing uncertainty.
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Comcast No Longer Reviewing Deal for 21st Century Fox Assets32h Updated Comcast No Longer Reviewing Deal for 21st Century Fox Assets
Comcast Corp. said it is no longer pursuing a deal to acquire several key media and entertainment assets from 21st Century Fox.
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UK inflation hits near six-year high of 3.1% – business live32h Updated UK inflation hits near six-year high of 3.1% – business live
Food, fuel, airline fares and recreational costs have driven the cost of living up at its fastest rate since March 2012
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Forties Pipeline System Carrying Brent Crude to Be Shut for Weeks32h Updated Forties Pipeline System Carrying Brent Crude to Be Shut for Weeks
One of Europe’s most important oil pipeline systems will be shut down for a “matter of weeks,” said owner Ineos, sending a jolt into international oil prices as traders contemplated the loss of some North Sea oil supplies.
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Althea Efunshile joins Channel 4 board after government U-turn32h Althea Efunshile joins Channel 4 board after government U-turn
Former deputy chief of Arts Council England was only candidate for all-white board rejected by culture secretary last year The government has appointed Althea Efunshile, the former deputy chief of Arts Council England, to the board of Channel 4, a dramatic U-turn after the culture secretary blocked her appointment a year ago in favour of four white men. Efunshile was the
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UK Christmas shoppers to spend record £4.2bn on food and drink32h Updated UK Christmas shoppers to spend record £4.2bn on food and drink
Friday 22 December on course to be biggest ever shopping day for food and drink as families stock up for Christmas Day Shoppers in the UK will spend a record £4.2bn on food and drink in the final week before Christmas, shrugging off higher prices caused by the fall in the value of the pound since the EU referendum.
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Unemployment Back to Precrisis Level in Rich Countries32h Unemployment Back to Precrisis Level in Rich Countries
The rate of unemployment across the world’s developed economies finally returned to its pre-crisis level in October, according to the Organization for Economic Cooperation and Development.
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UK inflation rate highest in nearly six years32h UK inflation rate highest in nearly six years
Inflation hits 3.1% as the squeeze on household incomes continues.
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