Business News

Borrowing costs in Britain are projected to nearly triple to 6.25 per cent by May, after the Bank of England’s chief economist warned…
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The writer is an economist and the author of ‘Two Hundred Years of Muddling Through: The Surprising Story of Britain’s Economy from…
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SSE has pledged to reinvest any “additional” profits resulting from sky-high wholesale power prices into building new UK energy…
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The pound rose in Asian trading on Tuesday after hitting a record low against the dollar, recovering slightly after the Bank of…
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A New Jersey sandwich shop with a valuation of $100mn, which became a symbol of stock market exuberance, was at the centre of an…
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The US economy is at risk of tipping into a recession as the central bank seeks to ensure high inflation does not become more deeply…
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The pound tumbled to a record low on Monday while government bonds extended heavy losses, stirring expectations of an emergency rise…
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A coalition led by Giorgia Meloni’s arch-conservative Brothers of Italy has won a decisive victory in Italy’s snap election, putting…
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UK chancellor Kwasi Kwarteng has vowed to double down on his controversial tax-cutting drive despite investor jitters, leaving…
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Western capitals are making contingency plans should Vladimir Putin take steps towards acting on his threats of nuclear attacks…
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