Rise in UK economic inactivity since Covid is genuine, says ONS chief
Read more at Financial Times
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Vodafone chief says UK’s under-fire competition watchdog is ahead of EU
Della Valle suggests Brussels should ‘broaden the horizon’ of its own assessments to allow mergers to happenFinancial Times - 3h -
Chiefs stars say Eagles' Jalen Hurts has changed in this way since last Super Bowl meeting
Chris Jones and Trent McDuffie break down Philly's quarterbackCBS Sports - 2h -
Keir Starmer first UK PM to join EU meeting since Brexit
The trip is part of what the PM calls a "reset" between the UK and the European Union.BBC News - 1d -
UK unprepared for climate change impacts, says fire chiefs council
The National Fire Chiefs Council calls on the UK government to take "urgent action" to help protect communities.BBC News - 1d -
Can Rachel Reeves boost the UK’s weak economic growth?
Economists say chancellor needs to revive ‘animal spirits’ as she confronts poor productivity and lacklustre investmentFinancial Times - 6d -
Reeves to warn that UK must ‘fight’ for economic growth
Chancellor will use keynote speech to signal she wants to face down opponents of developmentFinancial Times - 6d -
UK population to rise by 5mn to 72.5mn by 2032, says ONS
Projections include a rise in long-term migration and falling birth ratesFinancial Times - Jan. 28 -
CIA now says COVID most likely originated from a lab leak
The CIA now believes the virus responsible for the COVID-19 pandemic most likely originated from a laboratory.CBS News - Jan. 27 -
China says it's "extremely unlikely" COVID pandemic came from lab leak
China says it's "extremely unlikely" that COVID-19 came from a lab, after the CIA said it believed, though with low confidence, that it did, rather than from natural transmission.CBS News - Jan. 27 -
Germany's Economic Model Is Broken, and No One Has a Plan B
The country is focused on exports, but China is slowing imports and U.S. tariff threats are growing. Politicians are offering few alternatives.The Wall Street Journal - Jan. 26 -
One in five UK-listed companies warned on profits in 2024 as costs rise
Proportion is third highest this century and exceeded only by figures in 2001 and 2020Financial Times - Jan. 27 -
CIA says Covid-19 probably leaked from Chinese laboratory
US intelligence agency changes assessment of pandemic’s likely originsFinancial Times - Jan. 26 -
Insurers in court battle with UK businesses over Covid furlough scheme
Judges to decide if insurance groups can deduct government funds from payouts for business interruptionFinancial Times - Jan. 26 -
CIA says lab leak most likely source of Covid outbreak
But the US intelligence agency cautions it has "low confidence" in this new determination.BBC News - Jan. 26 -
Twilio shares pop 20% for biggest gain since Covid pandemic on growth forecast
Twilio shares had their sharpest rally since 2020 on Friday after the company issued an uplifting forecast for the coming years at an investor event.CNBC - Jan. 24 -
Scarlett Johansson says her reaction to 'vulgar' joke swap on 'SNL' was 'genuine shock'
The stunned look on Scarlett Johansson’s face during a “vulgar” joke swap segment on “Saturday Night Live” in December was no act.NBC News - Jan. 24 -
UK businesses cut jobs at fastest pace since 2009 bar the pandemic
S&P’s results add to gloom about economy as employment levels fallFinancial Times - Jan. 24 -
EU could consider UK joining pan-Europe customs scheme, says trade chief
The UK joining the Pan-Euro-Mediterranean Convention is up for discussion in reset talks, says Maros Sefcovic.BBC News - Jan. 23 -
UK minister calls TikTok desirable product but admits ‘genuine concerns’
Technology secretary Peter Kyle expresses fear of app being ‘propaganda vehicle’ but says it can deliver ‘exhilaration’ to users. TikTok’s power to deliver “exhilaration” and the UK’s relationship ...The Guardian - Jan. 23 -
Reeves optimistic despite surprise rise in UK borrowing
Borrowing - the difference between spending and tax revenue - hit its highest December level for four years.BBC News - Jan. 22 -
Pay after inflation rises at fastest rate since 2021
Wage growth increased by 3.4% after taking into account inflation, driven by strong increases in the private sector.BBC News - Jan. 21 -
Gilts post best week since July after run of poor economic data
Investors increase bets the Bank of England will be more aggressive in cutting rates as FTSE 100 hits record highFinancial Times - Jan. 17 -
Reeves says she won't let critics get her down after UK borrowing costs rise
The chancellor tells the BBC she has got "what it takes" following a bumpy week for the UK economy.BBC News - Jan. 17 -
UnitedHealth’s Revenues Rise, in First Earnings Report Since CEO’s Killing
But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.The New York Times - Jan. 16 -
LA fires live updates: California death toll rises to 24 as Los Angeles fire chief says ready for strong winds
Eight of the dead found in Palisades fire zone and 16 in Eaton fire zone, medical examiner says, as forestry department warns of ‘critical fire weather’. Full story: stronger winds threaten ...The Guardian - Jan. 13 -
Coldest January night for UK since 2010 as -18.9C recorded
Altnaharra in the Highlands recorded the lowest overnight temperature of the winter in Scotland.BBC News - Jan. 11 -
China and UK restart economic and financial talks after 6-year hiatus
China and Britain have restarted economic and financial talks after a six-year hiatus during a visit by Britain’s Treasury chief to BeijingABC News - Jan. 11 -
UK government borrowing costs rise towards 16-year high
Yields jump after strong US jobs data, threatening to wipe out room for extra borrowing under Labour’s budget rulesFinancial Times - Jan. 10 -
Pound falls to lowest in over a year after UK borrowing costs rise
Economists have warned the rise could mean further tax hikes or spending cuts by the government.BBC News - Jan. 9 -
UK borrowing costs rising - what does it mean for me?
Government borrowing costs have hit their highest level for several years - what does it mean for you?BBC News - Jan. 9 -
Iran holds military drills as it faces rising economic pressures and Trump's return
Iran is reeling from a cratering economy and stinging military setbacks across its sphere of influence in the Middle EastABC News - Jan. 9 -
UK foreign policy chief says Trump is right to urge higher military spending from NATO
Britain's top diplomat says Europe’s security “is on a knife-edge” and President-elect Donald Trump is right to say NATO member nations must increase military spendingABC News - Jan. 9 -
UK recruiters report fresh slowdown in hiring as planned tax rises bite
Survey results will heighten investor concerns over stagflation threat in economyFinancial Times - Jan. 9 -
UK 10-year borrowing costs hit highest level since 2008
Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rulesFinancial Times - Jan. 8 -
Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live
Bond selloff drives yield on 10-year UK bonds to highest since 2008 financial crisis. Rise in UK borrowing costs could push Reeves to new public spending cuts Two UK investment trusts have ...The Guardian - Jan. 8 -
UK long-term borrowing costs hit highest level since 1998
Rising interest costs raise fears about chancellor’s ability to hit revised fiscal rulesFinancial Times - Jan. 7 -
UK firms plan price rises as business confidence falls to lowest level since 2022 ‘mini-budget', survey finds
Firms across hospitality, manufacturing, construction and healthcare expressed concerns about how they would cover additional tax costs.CNBC - Jan. 6
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Electoral Commission chair warns UK rules are ‘out of date’ and ‘inconsistent’
MPs urged to act as government comes under pressure to close loopholes on foreign donations to political partiesFinancial Times - 41m -
UK state-backed pension fund pledges £5bn to Australia’s IFM
Nest makes one of the biggest-ever private market commitments by British pension schemeFinancial Times - 44m -
The EU and UK need to get practical about their relationship
A forthcoming summit is the perfect opportunity to reset — but it requires both sides to commit to concrete stepsFinancial Times - 1h -
Trump brings the US back from the brink of trade war with Canada and Mexico
Also in today’s newsletter, corporate America races to cut deals with Elon MuskFinancial Times - 2h -
Trump targets US trade loophole used by Shein and Temu
Scrapping of ‘de minimis’ rules could slow deliveries and raise costs for Chinese groups, say analystsFinancial Times - 3h
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