New data has revealed that not only is Gen Z not using credit cards, they’re actively afraid. But can we blame them, asks Rich Bayer For decades, credit cards have …
Investing
How the banking net zero fantasy ran out of gas
Over the past year, the world’s biggest banks‘ net zero enthusiasm has quickly and quietly dried up. Top lenders have backtracked, diluted or outright abandoned their environmental, social and governance (ESG) …
Reeves warned tax reform would be ‘rushed’ and lead to snags
Chancellor Rachel Reeves’ efforts to fast-track tax reforms in the three months leading to this year’s Autumn Budget risk being “rushed” and putting Britons at a disadvantage, senior tax advisers …
BGC: Reeves making a mockery of growth strategy with gambling tax
The Government would be “making a mockery of their growth strategy” if they introduce a mulled gambling tax, the chief of the Betting and Gaming Council has said. Grainne Hurst …
On this day in 1968: Moscow crushes the Prague Spring
On this day in 1968, Alexander Dubček’s experiments in “socialism with a human face” were met by the force of Moscow. Eliot Wilson tells us about the crushing of the …
One in five hospitality firms have no cash reserves after tax raid
A fifth of British hospitality businesses have no cash reserves left and nearly eight in 10 have raised prices as they battle to shoulder the succession of cost hikes placed …
Fenomeno! New Lamborghini V12 hypercar revealed in California
A new limited-edition Lamborghini has taken a bow at Monterey Car Week in California – with a ferocious V12 engine proudly at its heart. Named the Fenomeno, the hybrid hypercar …
We Out Here festival review: Dorset isn’t supposed to be this cool
We Out Here festival programmes a line-up of jazz-inflected music. Its diversity is exciting, says Adam Bloodworth Over fifty festivals have shuttered in the past year. Shockingly, turning a patch …
Electric The Man can be the One in York opener
HIGHLY competitive sprints are something of a feature of the four days of York’s Ebor Festival, and the Hong Kong Jockey Club World Pool Handicap (1.50pm) that opens Day One …
Good Carmers on the horizon for Twomey in the Voltigeur
AIDAN O’Brien has won the last two renewals of the Great Voltigeur (3.00pm) and looks to have a fine chance of making it a hat-trick with Lambourn. However, while the …