Uk Economy
- United Kingdom
AI will ‘create more losers than winners,’ says major investor in chipmaker Nvidia – latest updates
Nvidia may have seen its shares surge by 170pc this year, briefly making it the first $1trn chipmaker, but one…
- United Kingdom
Inflation below 10pc for first time in eight months – latest updates
Inflation has fallen into single digits for the first time since August last year as the initial shock from rising…
- United Kingdom
UK has most stubborn inflation in developed world, Bank of America warns – latest updates
The Bank of England has been proved wrong again as the British economy outperformed the Bank’s forecasts for the first…
- United Kingdom
Interest rate decision latest: Bank of England announces rise to highest level since 2008
Britain’s interest rates are expected to rise today to the highest level since 2008 in the face of an “overheating”…
- United Kingdom
Banking turmoil helps deliver record profits to US lenders – latest updates
Banking turmoil in the US sent customers racing to withdraw their deposits – but going by the numbers it was…
- United Kingdom
China’s electric car industry racing ahead, says IEA
China is leading a boom in sales of electric cars, according to new figures out this morning. The International Energy…
- United Kingdom
First Republic plunges as banking crisis withdrawals hit $100bn
Government debt reached nearly 100pc of GDP in March as the bill for supporting households through the energy crisis mounted.…
- United Kingdom
Eurozone inflation falls sharply as energy costs ease
Richard Branson has injected £11m into Virgin Orbit after it failed to secure additional funding and announced it is laying…
- United Kingdom
Shoppers pay more for Easter eggs amid rising sugar prices – latest updates
Shop price inflation reached a new high in March amid warnings that soaring food costs are yet to peak. Shop…
- United Kingdom
Households to save £100 on energy bills as emergency support extended
Peter Smith, of charity National Energy Action, said: “We shouldn’t leave those on standard credit out in the cold.” In…