A rate-setter at the US Federal Reserve raised the possibility that interest rates could be raised even higher if progress on defeating inflation was not maintained. At an event in …
Raducanu and Boulter give British tennis pre-Wimbledon boost
Emma Raducanu and Katie Boulter gave British tennis a pre-Wimbledon lift with morale-boosting wins at Eastbourne yesterday. Raducanu was in rollicking form on her debut at the Rothesay International, where …
Vertu Motors warns of volatility in new car market despite ‘positive’ trading
Vertu Motors has reported “positive” quarterly trading and expects to meet full-year expectations after both new and used car sales grew in the three months to June. New car retail …
Bentley Continental GT Speed is most powerful one yet
Bentley has revealed the new, fourth-generation Continental GT Speed. The luxurious grand tourer swaps a W12 engine for a V8 boosted by plug-in hybrid technology. However, while the cylinder-count in …
London insurtech founder: ‘I don’t think there’s anywhere else we could do something like this’
London commands a world-leading position in two sectors: insurance and fintech. And while the city has been a central pillar of the insurance industry for several hundred years, it’s managed …
Stellantis: Vauxhall owner threatens to quit UK over ‘stupid’ EV sales mandate
Vauxhall and Peugeot owner Stellantis has said it could stop production at its Ellesmere Port and Luton plants should “stupid” regulatory conditions change. Maria Grazia Devino, UK managing director, warned …
Microsoft breached EU rules with ‘possibly abusive’ move linking Teams to office
Microsoft violated European Union competition rules with “possibly abusive” practices by tying its Teams messaging and videoconferencing app to its widely used business software, the bloc has said. The European …
City boss: Labour backs fintech, but must urge pension funds to invest more in Britain
Labour are backing the UK fintech industry but could turbocharge the sector by pushing pension funds to invest more in Britain, a major City boss has said. “Labour recognises the …
Afghanistan captain Rashid reveals plan for historic T20 World Cup semi-final
Afghanistan captain Rashid Khan has urged his team to “keep things simple and enjoy” their historic T20 World Cup semi-final against South Africa on Wednesday. The team, coached by former …
Matalan takes huge step towards the black despite sales dip
Matalan’s pre-tax loss was slashed during its latest financial year despite its sale dipping, according to new figures. The Liverpool-headquartered company has posted a loss of £60m for the year …