UK consumer confidence falls sharply in January

• 

  Nepal sharply increases permit fee for Everest climbers

  Nepal will increase the permit fees for climbing Mount Everest by more than 35%, making the world’s tallest peak more expensive for mountaineers for the first time in nearly a decade, officials said.
  
  NBC News - 21h

• Starmer has ‘full confidence’ in Reeves despite pressure on UK chancellor

  Prime minister says she is doing a ‘fantastic job’ but declines to promise she will be in post at the next election
  
  Financial Times - 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
• 

  Temperature falls to -18.9C in north Scotland, a 15-year low for UK

  Altnaharra in Highlands recorded -18.9C on Friday night, the coldest January overnight temperature since 2010. Friday was the coldest January night in the UK in 15 years after temperatures ...
  
  The Guardian - Jan. 11

• Consumer expectations for higher inflation soar in early January

  Americans’ expectations for overall inflation over the next year jumped to 3.3% in January from 2.8% in the prior month, according to the University of Michigan’s gauge of consumer sentiment.
  
  MarketWatch - 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 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

• UK mortgage approvals fall in November

  Unexpected decline interrupts recovery in housing market activity
  
  Financial Times - Jan. 3

• Fall in UK university science courses stokes fears for industrial strategy

  Chemistry courses have dropped a quarter and biosciences by 15% in past 5 years
  
  Financial Times - Jan. 2

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  Trump piles pressure on Fed chair Jay Powell to cut interest rates

  US central bank widely expected to hold borrowing costs steady at meeting next week
  
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• 

  Trump calls on Opec to push down global oil prices

  US president tells World Economic Forum he will insist central banks lower interest rates ‘immediately’ afterwards
  
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• 

  UK competition regulator to cut staff after ‘budgeting error’

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• 

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  The media tycoon is happy to spend to contain a scandal — including in his legal battle with a British royal
  
  Financial Times - 16h
• 

  Stargate artificial intelligence project to exclusively serve OpenAI

  Donald Trump has called the SoftBank-backed venture a ‘resounding declaration of confidence in America’s potential’
  
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• 

  Charles Phan, Whose Slanted Door Elevated Vietnamese Food, Dies at 62

  The restaurant, which opened in San Francisco in 1995, married local ingredients with the food he grew up on and buoyed other chefs from immigrant families.
  
  The New York Times - 3h