US inflation came in ahead of expectations in January due to elevated housing costs, making it more likely that the US Federal Reserve will wait until the summer to start …
Investing
Glencore remains bearish on nickel outlook as it writes off £3.2bn investment
Mining giant Glencore is exiting its 49 per cent stake in a major nickel mine, weeks after lowering expectations for its performance in a slumping global market for the commodity. …
UK inactivity rate rises as record number out of work due to long-term sickness
According to figures released this morning, 9.3m people aged between 16-64 were economically inactive in the final three months of last year, representing nearly 22 per cent of the population. …
Truffle ahead as cocoa price surge spells costly Valentine’s Day for chocolate-loving Brits
Outside of Halloween and Christmas, Valentine’s Day ranks as one of the biggest days for chocolate sales globally. But like last year, Brits are set to be paying more for …
UK at risk of downgrade: Hunt considers tax cuts amid ‘high debt and borrowing costs’
The UK might suffer a debt downgrade if it goes ahead with another bout of tax cuts, a major ratings agency suggested. In a note published yesterday, Fitch Ratings acknowledged …
The 32 investment trusts that would have made you an ISA millionaire
A total of 32 investment trusts would have made you a millionaire if you invested the full annual ISA allowance in the same trust every year since 1999, according to …
How to experience the New Orleans Mardi Gras spirit with the locals
The Chloe New Orleans, hotel review: Charlotte Cline checked into one of the modern hotels in Uptown New Orleans to find more of a local atmosphere, great music and strong …
Home REIT: FCA launches investigation into troubled housing investor
The Financial Conduct Authority has opened an investigation into the beleaguered housing investor Home REIT. In a stock exchange notice today, Home REIT said it had been notified of an …
ITV: Mayfair hedge fund snaps up stake as broadcaster grapples with ‘ad recession’
A secretive Mayfair-based hedge fund has snapped up a stake in ITV reigniting speculation about the company’s future. Silchester International, which previously built a £500m position in advertising giant WPP, …
Former England manager Sven-Goran Eriksson to coach Liverpool next month
Former England manager Sven-Goran Eriksson will be part of a Liverpool Legends coaching team against Ajax next month. He will join Ian Rush, John Barnes and John Aldridge in the …