BYD electric cars wait to be loaded onto a ship in Suzhou, China. Washington has finalised a rule effectively barring Chinese technology from cars in the US market (-) Beijing on Wednesday said it “firmly opposes” a US move to effectively bar Chinese technology from smart cars in the American market, saying alleged risks to … Read more
(Bloomberg) — The European Central Bank will continue lowering interest rates as the region’s economy struggles to grow, according to Vice President Luis de Guindos. Most Read from Bloomberg “The policy trajectory is clear, and we expect to continue to further reduce the restrictiveness of monetary policy,” Guindos said Wednesday. “The latest information suggests that … Read more
UK inflation fell unexpectedly in December to 2.5%, potentially opening the door to interest rate cuts by the Bank of England (BoE) next month. Financial markets now assign a 74% probability to an interest rate cut at the Bank’s February meeting, up from 62% before the figures were published. The chances briefly surged to 81% … Read more
It’s a new year, which means Burger King fans are getting a refreshed menu – and a much-loved burger range made a return. It says it’s “kick starting 2025 with a bang” after announcing the revival of two smoky BBQ favourites. If you are a bacon fan, BBQ and cheese on your burger, then you … Read more
Leading medics have raised concerns that people are being “overdiagnosed” with obesity, calling for a “reframing” of the way the condition is diagnosed. Academics argue that a body mass index (BMI) score is not “nuanced” enough to measure obesity and more assessments are needed before someone is told they are obese. They suggest that solely … Read more
-Credit:Reach Publishing Services Limited Phil Foden felt tiredness cost Manchester City against a physical Brentford side as the Blues threw away a two-goal lead in Tuesday night’s Premier League draw. Foden had netted twice in the second half to give Pep Guardiola’s side the lead but Yoane Wissa pulled one back with eight minutes to … Read more
A motorcyclist was rushed to hospital with serious injuries following a crash in Salford. Emergency services were called out to Littleton Road, at the junction of Hillside Avenue, in Kersal on Monday afternoon (January 13). Greater Manchester Police says the collision involved a Ford Fiesta and a KTM motorbike, which crashed at the junction at … Read more
ONS data showing CPI inflation fell to 2.5% in December should ease some of the pressure on Rachel Reeves after a week of market turbulence.Photograph: Jade GAO/Reuters December’s unexpected decline in the inflation rate, to 2.5%, is a fillip for the chancellor, Rachel Reeves, opening the way for an interest rate cut next month. While … Read more
By James Davey LONDON (Reuters) -British electricals retailer Currys raised its annual profit outlook after reporting a 2% rise in underlying sales for the Christmas trading period, with strong demand for mobile phones, gaming and computing offsetting weaker trends in TVs. The group said like-for-like sales in its UK & Ireland division rose 2% over … Read more
The owner of Royal Mail said it remains on track to return to annual profit after a parcel boost over Christmas as its £3.6 billion takeover by Czech billionaire Daniel Kretinsky nears completion. International Distribution Services (IDS) said Royal Mail delivered more than 99% of items that were posted on or before the recommended cut … Read more