The Bank of England has said that households’ fears of high inflation levels could be tempered by keeping interest rates for longer. In an event hosted by the think tank …
Investing
JP Morgan warns on AI bubble amid Bank of England caution
JP Morgan boss Jamie Dimon has joined the chorus of warnings over an AI-driven market boom that some fear could go the way of the dot-com crash. Speaking from Bournemouth, …
Saudi bigwig Turki Alalshikh hints at Manchester United investment
Saudi bigwig Turki Alalshikh has hinted at the potential of fresh investment into Premier League club Manchester United. A cryptic message on X, formerly Twitter, overnight suggests the club is …
Take it from someone homeless, cutting stamp duty will improve lives
The Conservatives will make homeownership easier, but we must make it easier to build too, says Laurence Fredricks I am a senior researcher at Onward, leading our work on housing …
HSBC shares sink on play to take control of Hong Kong bank
HSBC shares tumbled on Thursday morning as the bank laid out plans to suspend its buyback program in order to buy out minority shareholders in Hong Kong’s Hang Seng Baak. …
Labour ministers ordered to stop relying on emergency funds
Labour ministers have been told they will be blocked from using the government’s reserve funds to pay public sector staff and will only be given cash in exceptional circumstances. James …
Burnley owners vow to run Espanyol separately after £113m takeover
Burnley’s owners insist they will run Espanyol independently after completing a takeover of the Barcelona-based LaLiga club. Velocity Sports Partners, the investment arm of Burnley owner ALK Capital, confirmed today …
Del Boy billionaire’s empire returns to profit after rescue deals
The retail empire owned by the so-called ‘Del Boy billionaire’ and behind The Range and Wilko, returned to the black before rescuing the Homebase brand, it has been revealed. Chris …
Anthropic: UK staff get eye-watering wages at AI giant
US AI giant Anthropic is paying its UK staff eye-watering wages as it attempts to build a foothold in this country. The business, which only launched in the UK at …
Keir Starmer vows to cut red tape for pubs to ‘bring the buzz back’ to high streets
Keir Starmer has vowed to cut red tape for pubs in a bid to revitalise the ailing hospitality industry following a spate of venue closures. The prime minister has unveiled …