Liz Truss has been forced to abandon plans to raise pensions by average earnings alone next year, which could have saved the government as much as £5 billion a year. The prime minister and Jeremy Hunt, the chancellor, confirmed earlier ...
Britain’s four biggest banks are set to report combined annual profits of about £33 billion this year thanks to rising interest rates as speculation mounts that Jeremy Hunt will raise taxes on the industry to repair the public finances. Third-quarter ...
Just Eat Takeaway returned to the black earlier than expected in the third quarter, although orders fell sharply as customers reacted to the rising cost of living. Jitse Groen, the group’s chief executive, said restaurants had put up prices “by ...
WASHINGTON — The US government is considering a plan to jointly produce weapons with Taiwan, a business lobby said on Wednesday, an initiative intended to speed up arms transfers to bolster Taipei’s deterrence against China. US presidents have approved more ...
Millions of Amazon customers could receive a share of £900 million in compensation after the launch of a legal claim against the internet retailer for “abusing its dominant position”. A consumer rights campaigner has teamed up with a top legal ...
Fish heads and Spam are flying off the shelves at Waitrose as even its affluent shoppers feel the cost of living squeeze. Sales of fish heads — used in curries and stocks — increased by 34 per cent, while 36 ...
ZURICH/LONDON — Nestlé and Procter & Gamble (P&G), the world’s two biggest consumer firms, reported better-than-expected sales on Wednesday, as shoppers continued to pay more for goods like Nescafe coffee and Gillette razors despite record inflation. Nestlé, which also makes ...
KUALA LUMPUR — Indonesia is on track to secure a clean energy partnership with rich countries when it hosts a Group of Twenty major economies (G20) summit in November, obtaining international funding to cut its reliance on coal power and ...
The World Health Organization (WHO) said on Wednesday that coronavirus disease 2019 (COVID-19) remains a global emergency, nearly three years after it was first declared as one. The WHO’s emergency committee first made the declaration for COVID-19 on Jan 30, ...
The Grandaddy Russell 2000 rallied close to its 200-week moving average (topic of our previous article) yesterday. On Wednesday, with rising yields once again, Gramps retreated. In a bullish scenario, IWM continues to consolidate and rally in the coming days ...