EconomyFarfetch rescued by Korean e-commerce giant in £395m dealDecember 18, 2023102Octopus Energy has boosted its valuation to $8bn (£6.3bn) after raising $800m from investors.Britain’s second-largest gas and electricity supplier said...
CryptocurrencyRevolut suspends crypto buying for UK business customersDecember 18, 2023125 Revolut has suspended some crypto services for business users until it gets up to speed with new regulations on...
EconomyThe world economy is far more resilient than pessimists made outDecember 17, 202386Yet the overwhelming reason for this was the fallback in global energy and commodity prices. By contrast, many of the...
FinanceThe ticking time bomb under university financesDecember 17, 2023130Vice chancellors across the country have been warning for years about a growing crisis in university finances. Now, the dire...
FundsRussia and Ukraine exchange drone attacks after European Union funding stalledDecember 16, 202362Both Russia and Ukraine have reported dozens of attempted drone attacks in the past dayBy KARL RITTER and ELISE MORTON...
EconomyTalk of interest rate cuts ‘premature’, says US Fed deputyDecember 15, 20231595 things to start your day 1) Sunak risks clash with Bailey as Britain teeters on the brink of recession |...
EconomyU.S. homelessness up 12% to highest reported levelDecember 15, 2023110The United States experienced a dramatic 12% increase in homelessness as soaring rents and a decline in coronavirus pandemic assistance...
BankingPound jumps as Bank of England warns no interest rate cuts coming soonDecember 14, 2023175Vladimir Putin’s war on Ukraine is putting Russia’s economy under “considerable strain”, as Moscow grapples with galloping inflation, a tumbling...
BankingEuropean Central Bank keeps its key interest rate at a record high. Now, when will it cut?December 14, 2023164FRANKFURT, Germany (AP) — The European Central Bank kept its key interest rate at a record high Thursday and said...
BankingFormer BP boss Bernard Looney forfeits £32m after ‘serious misconduct’December 13, 202381Thanks for joining me. Britain’s economy shrank by more than expected in October, according to the Office for National Statistics.Gross...