Moving markets today: What’s shaping the FTSE 100 this morning January 26, 2024 Asian markets trade mixed, Tesla shares plummeted by 12%, and Intel dropped 10.90%. Investors are eyeing today's release of US PCE data and anticipating 'FAAMG' earnings next week.
Post Office told the government it would oppose appeals of Horizon scandal victims January 25, 2024 The Post Office told the Government it would oppose appeals of half of the convicted sub-postmasters, days before PM announced a new law to exonerate victims. It was revealed by the Financial Times that ministers were privately told by the Post Office that they believed that in 333 cases, non-Horizon evidence supported the convictions. The [...]
UK data centre company raises £206m from Deutsche Bank to support AI ambition January 24, 2024 Kao Data has completed a £206m debt raise with Deutsche Bank as it looks to support the UK's increasing appetite for AI.
Top Tories warn scrapping Sunak would lead to ‘certain loss of power’ January 24, 2024 Top Tories have rejected calls by Sir Simon Clarke for Rishi Sunak to be replaced as Prime Minister, warning it would lead to “division” and the “certain loss of power”.
Exclusive: Greg Hands won’t commit to trade deal with India before election January 24, 2024 Securing a trade deal with India isn’t guaranteed before the general election, Greg Hands has said.
London Oxford Street spend slips as pressure mounts to scrap tourist tax January 23, 2024 Bosses behind Oxford Street are piling fresh pressure on the government to scrap the tourist tax after visitors failed to splash the cash over the Christmas period. Dee Corsi, who heads up the New West End Company, said footfall grew three per cent over the holiday season but customers kept their purses shut, with spending [...]
Falling inflation helps government borrow much less than expected in boost for tax cut hopes January 23, 2024 The latest round of figures come as the government lines up its latest round of tax cuts, which are likely to be announced in the Spring Budget.
Yemen: Further UK and US strikes on Houthis over Red Sea attacks January 23, 2024 The UK and the US have carried out a fresh set of joint airstrikes in Yemen, in the latest bid to stop Houthi attacks.
Feeling the benefit: How will tax cuts impact welfare policy? January 23, 2024 It’s no secret that the expected package of tax cuts to be announced in the Spring Budget will make the Bank of England’s job more difficult.
Why council funding may be the next hot potato for Rishi Sunak to handle January 23, 2024 Dozens of Tory MPs have written to Rishi Sunak demanding “emergency” funding for councils which they say are facing cash pressures “like never before” amid an election year.