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Inflation can be tolerated above 2% target for now ‘given context of softness in real economy’, governor saysBusiness live – latest updatesThe Bank of England is in no rush to raise interest rates while the outcome of the Iran war remains uncertain and…
Santiago Campos says he felt obligated to criticize the network’s direction, which ‘stains legacy of Mike Wallace’Standing in front of the most powerful and well-known people in the television news business on Wednesday night, in a glitzy New York City…
OurCoop criticised by members after withholding annual profit-share payment despite soaring executive payOurCoop, an independent mutual that runs about 500 food stores across England, is facing criticism from members after it more than tripled its chie…
UK’s third biggest supermarket will use tech of online grocer, which already provides support for M&S and MorrisonsAsda has agreed a deal to use Ocado’s technology to run its online grocery store and home deliveries from next year.Ocado software wi…
Exclusive: IPPR thinktank calls for new measures to boost employees’ influence at ‘pivotal moment’ in history Workers urgently need more bargaining power over the way AI is adopted in the workplace to ensure the benefits are fairly shared, according to…
Commodity poised for one of biggest monthly declines, while global stock markets rallyBusiness live – latest updatesOil prices fell on Friday as investors hoped for the end of the US-Israel war on Iran, leaving the commodity poised for one of the bigge…
Treasury secretary says banknote would celebrate US’s 250th anniversary but Democrats vow to block moveThe White House is pushing Congress to approve a $250 bill bearing Donald Trump’s portrait, the US treasury secretary, Scott Bessent, said, which wou…
The European Union has slapped a €200 million fine on Chinese retailer Temu, for selling products it considers toxic or unsafe, including baby toys and electronics. The e-commerce giant disputes the ruling, which came under the EU’s Digital Services A…
This blog is now closedGet our breaking news email, free app or daily news podcastWho’s leading the fight against Labor’s CGT reform – and what’s in it for them?People with direct personal financial stakes in Labor’s tax reforms are among the loudest v…
London authority’s new Tory-led administration delivers significant blow to Labour’s flagship housebuilding schemeEnfield council in north London has withdrawn from the government’s new towns programme, in a significant blow to Labour’s flagship houseb…