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Hopes of rate cut in US boost markets as FTSE 100 rises
The FTSE 100 rose on Friday after US Federal Reserve chairman Jerome Powell signalled that he will cut interest rates at the central bank’s next meeting. The blue chip index rose 39.78 points, or 0.48%, to end the day at 8,327. Mr Powell said: “The time has come for policyContinue Reading
Kemi Badenoch would defeat all five leadership rivals, new poll reveals
Kemi Badenoch has been handed a boost in the race to take over from Rishi Sunak as leader of the Conservatives, after a new poll of party members indicated she would beat all five of the other contenders if she reaches the final two. A YouGov survey published on FridayContinue Reading
Bank of England to chart ‘steady’ course on future rate cuts, says Bailey
Bank of England governor Andrew Bailey is set to signal more caution on potential future rate cuts at a speech on Friday, saying monetary policy will remain “steady” in the coming months. Speaking at the US Federal Reserve’s annual symposium in Jackson Hole, Wyoming, Mr Bailey will say it isContinue Reading
Ugarte to Man Utd concern, Liverpool £70m bid, Sterling to Arsenal
Express Sport brings you the latest transfer news from the Premier League and beyond.Continue Reading
Jamie Lee Curtis shares ‘intrusive’ paparazzi picture from Freakier Friday set
Jamie Lee Curtis has posted a behind-the-scenes photo from the set of Freakier Friday, while simultaneously slamming the paparazzo who took the “intrusive” snap. “OK. Because other outlets have posted it, I am going to take advantage of the intrusion of a paparazzi picture into the creative process of filmmaking,”Continue Reading
‘Disaster’: Labour urged to U-turn on scrapping universal winter fuel payment after energy price cap jumps
Sir Keir Starmer has been urged to review his decision to scrap winter fuel payments for 10m pensioners after the regulator Ofgem announced household energy bills will rise by £150 in October. The prime minister has been warned the double hit will lead to disaster for pensioners on low andContinue Reading
Sales set to double for chip giant Nvidia as AI frenzy persists
Technology giant Nvidia is set to reveal another surge in profits on the back of doubling revenues as it benefits from the rapid adoption of generative AI (artificial intelligence). The chip firm, which is currently the world’s second largest listed company behind Microsoft, has seen its share price surge moreContinue Reading
2,500 steelworkers to be laid off before Christmas as British Steel shutters Scunthorpe blast furnaces
Thousands of steelworkers are set to be laid off just before Christmas after British Steel brought forward plans to close its blast furnaces in Scunthorpe. In a move unions say will be devastating for the local community, at least 2,500 jobs are set to be put at risk by theContinue Reading
Does eating ham, bacon and beef really increase your risk of developing type 2 diabetes?
Jack7_7/Shutterstock That lunchtime staple, the humble ham sandwich, has come in for a bashing in the press recently. According to many reports, eating two slices of ham a day can increase your risk of developing type 2 diabetes. But what’s the science behind these headlines? The research offers a moreContinue Reading
F1 LIVE: Lewis Hamilton contract clause emerges as weather warning for Dutch …
Lewis Hamilton continues to be vocal about the lack of F1 race in Africa. The Mercedes driver has urged F1 bosses to get a move on and return the race to the continent. Speaking recently he said: “The time is 100 per cent right [to race in Africa]. We can’tContinue Reading