Federal Reserve pauses interest rate rise campaign as US inflation subsides June 14, 2023 The US Federal Reserve today held off on firing interest rates higher for the first time in over a year, electing to wait and see what impact prior increases have had on the world’s largest economy before straining households and businesses further. Chair Jerome Powell and the rest of the Federal Open Market Committee (FOMC) [...]
Royal Ascot runner goes Thunder the hammer June 14, 2023 Tom Marriott speaks to Jack Davison ahead of today’s ThoroughBid online auction of Royal Ascot runner Thunderbear. WALKING into the parade ring, or maybe even the winners’ enclosure, at Royal Ascot, with a horse running in your colours… the stuff that dreams are made of. At 3:05pm next Saturday, Thunderbear will line up in the [...]
US inflation slips to lowest level in two years and to more than half of UK rate June 13, 2023 Inflation in the US has fallen to its lowest level in two years, setting Britain even further out as suffering the toughest price pressures in the developed world, official figures out today show. Prices rose four per cent over the year to May, down from a rate of 4.9 per cent in the previous month, [...]
“I’ll be back”: Boris Johnson deliberately misled parliament, Privileges Committee to say today – Reports June 13, 2023 Boris Johnson will reportedly be found on Wednesday to have deliberately misled MPs over parties in Downing Street during the pandemic. The Privileges Committee has rejected the former prime minister’s defence that senior officials advised him Covid rules and guidance had been followed in No 10, according to the Times. But Mr Johnson – who [...]
Forget the Parthenon – Why alternative Athens is a must June 12, 2023 Away from the historical monuments, Ash Hiden gets to grips with Athens’ vibrant food and drink scene You will want to see the Parthenon. I get it. The imposing temple on the hill of the Acropolis serves as an ancient advertisement for Athens, stamping your mental passport like a marble version of the Hollywood Sign. [...]
Boris Johnson accuses Rishi Sunak of ‘talking rubbish’ in resignation row latest June 12, 2023 Boris Johnson accused Rishi Sunak of “talking rubbish” as the row over his resignation and peerages list became a public slanging match. It came after Sunak laid into his predecessor as prime minister Boris Johnson claiming he “asked me to do something I wasn’t prepared to do” over his peerages list. Johnson’s camp accused the [...]
Labour’s energy agenda needs a solution for the UK’s oil and gas demands June 12, 2023 Labour's energy manifesto needs a solution for the UK's oil and gas needs if the opposition are fit for government.
THG set for battle with shareholders over return of non-executive director June 11, 2023 E-commerce platform THG could face a shareholder rebellion at its upcoming annual general meeting this month over concerns surrounding the return of a non-executive director.
“Writing on the wall”: Boris advisor on why ex-PM quit Parliament June 10, 2023 Boris Johnson has been accused of being a coward for quitting as an MP before the findings of a cross-party investigation into whether he lied to the Commons has been published. Angela Rayner, Labour’s deputy leader, said the former prime minister had “jumped” to avoid facing a potential by-election in his marginal constituency. Mr Johnson [...]
Wall Street: US stocks inch higher before next week’s busy slate of updates June 10, 2023 US stocks inched higher on Friday to close a listless week for Wall Street, as investors wait for next week’s slate of potentially market-moving updates. The S&P 500 rose 4.93, or 0.1 per cent , to 4,298.86 to cap its fourth straight winning week, the Dow Jones Industrial Average added 43.17, or 0.1 per cent [...]