US bank forced to fire 40pc of staff as FTX fallout deepens
Amazon is laying off more than 18,000 employees — the biggest corporate workforce reduction in its history — in the...
archiveUK economy
‘Grinch selloff’ hits US markets as traders fear more rate rises
Another day, another set of gloomy statistics for Britain. Britain's economy contracted by more than first thought in the third...
no trains until second week of January because of strikes
Public borrowing rose last month to its highest figure for November since monthly records began in 1993. The Treasury borrowed...
Elon Musk told to quit as chief executive
Mr Musk’s poll followed a banning spree where the Tesla owner abruptly suspended, then reinstated, the accounts of multiple journalists....
The pound will collapse next year if the global economy falters
One reason the pound is up this autumn, as Rishi Sunak’s supporters are quick to point out, is that since...
UK must cut economic reliance on China, says Labour
She said: “The reason why Russia seeks to put the West over a barrel is because we're so reliant on...
workers warn over ‘end of Royal Mail as we know it’
Sam Bankman-Fried has issued a mea culpa in a letter apologising to FTX staff for the collapse of his crypt...
OBR criticised for ‘implausibly high’ mortgage rate predictions
But Pantheon said that the OBR’s new prediction was “implausibly high”. It added: “We think the OBR is being a...
India trade deal offering hope for UK economy that is heading towards crisis
India trade deal offering hope for UK economy that is heading towards crisis | PTI It has been anything but...
Major crypto exchange reassures investors over fears of contagion
Investors fear cryptocurrency's equivalent of a run on the banks as the head of another popular exchange tried to reassure...
