Households responded to the largest surge in inflation in decades by ramping up their savings rather than increasing borrowing, new research from the Resolution Foundation shows. Since March 2021, prices …
May 2024
Natalie Elphicke wasn’t worth it
Keir Starmer will regret alienating Labour Party members and women’s rights campaigners by welcoming in the morally and politically tainted Natalie Elphicke, says Morgan Jones The words “new Labour MP” …
Sony Music Group open to licence agreements with AI developers
Sony Music Group has said it is open to licence agreements with artificial intelligence developers, after it sent out formal letters to over 700 AI companies to take a stand …
Warren Buffett and The Big Short’s Michael Burry: Why are they selling Apple and buying gold?
Warren Buffett and Michael Burry, portrayed by Christian Bale in the movie The Big Short, have been selling Apple and buying gold this year amid the wider equity market rally. …
Kingdom of the Planet of the Apes is a terrific summer blockbuster
Awkward titles, but great movies. Few reboots have got it as right as the 2010s Planet of The Apes trilogy. Rise of The Planet of The Apes (2011) introduced Andy …
Kellogg’s to cut hundreds of jobs as it announces closure of major factory
Hundreds of jobs are set to be axed after Kellogg’s confirmed plans to close its Manchester-based factory. The company, which now goes by the corporate name Kellanova, first signalled its …
FTSE 100 trounces US and Europe since start of interest rate hikes
The FTSE 100 has emerged as the West’s best-performing major stock index in the era of higher interest rates following a massive rally that has narrowed the blue-chip’s discount to …
HS2: Cancelling London Euston section would put pressure on Elizabeth Line, advisers warn
Cancelling the Euston section of HS2 would leave Londoners too reliant on an already struggling Elizabeth Line, government advisers have warned. The National Infrastructure Commission said failure to terminate the …
Iconic venue Queen’s Club to host major women’s tennis event
The iconic Queen’s Club in west London will host the world’s best female tennis players in a competitive tournament for the first time in 50 years. Home to the men’s …
Another one? American firm plots London Stock Exchange listing amid signs of revival
Another firm is reportedly gearing up to float on the London Stock Exchange in the coming weeks as the City begins to show signs of revival after a barren period …