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IMF claims world economy entering “perilous phase” with UK weakest in G7 this year.
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Anger as prepayment energy meter force-fittings to be allowed again
Activists who favor a complete ban have criticized stricter regulations governing the homes that can be forcibly converted to prepaid ...
Quiz shares fall 20% as sales drop and apparel company warns of ‘reduced visibility’ for the year ahead amid spending crunch.
Quiz’s shares plummeted after February and March sales fell due to consumers tightening their belts. The group also cautioned that ...
Manchester United sale: Carlyle negotiations before Glazers’ deadline
The Nasdaq-listed investment giant has suggested a minority investment in the Carabao Cup victors. As the auction of the Premier ...
Tesco warns of ‘record’ inflation but lowers milk prices.
Tesco has reduced the price of a pint of milk from 95p to 90p in anticipation of rising domestic delivery ...
Strikes harm productivity, stalling UK economy in February.
The lack of expansion was unanticipated; 0.1% had been anticipated. According to official data, the British economy stagnated in February, ...
As US inflation decreases, may the Fed soon quit raising rates?
Inflation in the United States slowed in March, reducing the likelihood that the Federal Reserve will raise interest rates again ...
Lowest cash demand since central banks stockpiled notes amid millennium bug worries.
In a trading report, British banknote producer De La Rue predicted lower profitability due to lower demand. The solitary currency ...
Alibaba, the Chinese tech behemoth, will launch a ChatGPT competitor.
Alibaba has announced intentions to launch Tongyi Qianwen, its artificial intelligence (AI)-based ChatGPT-like product. Its cloud computing division stated that ...
Tupperware warns it may cease operations
In the 1960s and 1970s, the US company became famous for its iconic “Tupperware parties”. However, it has struggled in ...
Claims of malfeasance lead to the dismissal of CBI chief Tony Danker.
Due to workplace complaints, the UK’s largest business group’s leader was fired. Tony Danker, who will depart the Confederation of ...
Sainsbury’s Nectar card shakeup rivals Tesco Clubcard.
Members of Sainsbury’s loyalty card Nectar will now receive reduced prices on select products purchased online or in-store, similar to ...
IMF claims world economy entering “perilous phase” with UK weakest in G7 this year.
According to Pierre-Olivier Gourinchas, chief economist of the IMF, inflation is much more persistent than anticipated. The world economy is ...