Economy
UK to suffer slowest growth of all rich nations next year, OECD says
Business
People walk in the rain over London Bridge in central London. Picture date: Tuesday March 12, 2024. Lucy North – Pa Images ...
Japan’s yen surges after sinking to lowest level against dollar since 1990 | Business and Economy
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Japanese currency sinks to 160.17 per dollar before rising to 155.01 amid speculation of intervention by authorities. The Japanese yen has swung ...
Stamp duty slammed as ‘lose-lose tax’ as levy on shares ‘damaging’ UK economy
Business
Stamp duty on shares has been slammed as a “lose-lose tax” which is discouraging investing, according to a recent survey. A recent ...
Google fires 28 staff after protests against cloud contract with Israel | Israel War on Gaza
Business
Tech giant says employees engaged in ‘completely unacceptable behaviour’ during sit-in at company offices. Google has fired 28 employees following a sit-down ...
Slash benefits to get more men into work, IMF urges
Business
“Reduced unemployment benefits and lower labour taxes are associated with higher participation for men of prime working age,” the IMF said in ...
Peacocks, Bonmarche and Edinburgh Woollen Mill owner to open 100 stores within months
Business
The owner of Peacocks, Bonmarché and Edinburgh Woollen Mill is set to open 100 new UK high street stores over the next ...
Private equity binge threatens to trigger financial crisis, warns Bank of England
Business
In minutes from its March quarterly meeting, the FPC said: “The private equity sector, which is closely related to private credit and leveraged lending, plays an important role ...
Get ready for 3pc interest rates, says KPMG
Business
KPMG expects the economy to recover from the recession only slowly, with growth of 0.3pc this year and 0.9pc the next. The ...
Treasury warned glut of debt risks market malfunction
Business
Responsibility for these funds is taken over by insurers once a fund reaches a stage known as “buyout”. However, different regulations in ...
China will stop Iran from causing a global oil spike
Business
This big change in the interest rate outlook could prove to be a dampener on the recent uptick in housing market activity ...