News

Warsh heralds a new era: New Fed boss cuts the guff and proves he's no Trump lackey, says ALEX BRUMMER

Today

The first interest rate setting meeting for new US Federal Reserve chairman Kevin Warsh, pictured, was always going to be an arresting event.

'Regime change' on hold as new Federal Reserve boss Kevin Walsh takes the reins

Today

The US Federal Reserve yesterday left interest rates on hold in its first meeting under new boss Kevin Warsh - after he was installed by Donald Trump.

Inflation fears recede in boost for borrowers: Bank of England set to keep interest rates on hold

Today

The Office for National Statistics said consumer prices index inflation remained unchanged at 2.8% in May. Forecasters had expected it to climb to 3%.

SpaceX's rocket-fuelled float runs out of steam as shares crash back down to earth after record run

Today

Shares fell by as much as 7% during volatile trading - after they had been up by 6% earlier in the session. They eventually closed almost 5% lower.

Cadbury-owner Mondelez defends decision to continue trading in Russia

Today

Mondelez, led by Dirk Van de Put, pictured, has come under criticism for not following other western firms in exiting Russia after Putin's invasion in 2022..

Trust boss hits out at City watchdog for allowing it to be taken over by US raider Saba Capital

Today

Impax Environmental Markets has been been seized by its largest shareholder Saba Capital, run by infamous fund manager Boaz Weinstein.

Cadbury owner could pull investment from Britain because of tough junk food rules

Today

Mondelez chief executive Dirk Van de Put criticised frequent changes made to food and drink regulations by the Government in recent years.

Boost for Britain as JLR announces plans to build new Defender at Merseyside plant

Today

Jaguar Land Rover will build its new Defender model at its Merseyside plant in a much-needed boost for the British car industry.

Whose tax bill has risen most? We reveal the biggest losers over the years

Today

The IMF's assessment last month found that tax rates on wages have increased at the fastest pace in the developed world under this Labour government.

House price turnaround? Official stats reveal April jump with one region seeing values rise 9.9%

Today

The figures reveal a strong uptick in growth compared with March, when the ONS data showed no house price rise at all in the previous 12 months.

I downsized and learnt these vital lessons: JEFF PRESTRIDGE

Today

For the past couple of months, I've been grappling with one of the biggest upheavals in my long life: moving into my own home after more than 14 years out of the property market...

Nichols N1A is Britain's new £540,000 analogue supercar inspired by unrestricted racers of the sixties

Today

The stripped-back car weighs a meagre 900kg and its naturally-aspirated 7.0-litre V8 engine produces 700bhp.

AO World posts record profits 'despite, not because of' government policy as it shifts jobs abroad

Today

AO World posted a record annual adjusted pre-tax profit and said it attracted 720,000 new customers.

The golden rules of asking for your inheritance early (and how to say no without falling out!)

Today

Wealth planners and financial advisers say their phones are ringing off the hook with families desperate for answers to one burning question.

Oil drops below $80 for the first time since the start of the Iran war amid peace deal hopes

Today

As Donald Trump declared the Strait of Hormuz would fully reopen to oil and gas tankers within days, the price of a barrel of Brent crude dropped towards $78.

Some eight million British workers don't have any emergency savings

Today

An estimated 8.2 million people have no financial buffer to fall back on in the event of a shock, according to the data from the City of London Corporation.

What inflation means for you: CPI holds steady at 2.8% - what happens next?

Today

Inflation held steady at 2.8 per cent in May, defying expectations of an increase, according to figures from the Office for National Statistics.

Thought the winter fuel backlash was brutal, Rachel? It'll be 100 times worse if you axe the triple lock on state pensions: JEFF PRESTRIDGE

Today

Although murmurings from Labour MPs about scrapping the triple lock to boost support for younger generations are growing louder by the day, it seems the lock will stay intact until 2029.

Inflation battle isn't over yet: Bank of England must resist the urge to hike interest rates, says MAGGIE PAGANO

Yesterday

It's true that oil prices are falling and share prices around the world are up amid relief that the US and Iran are finally hoping to sign their interim peace deal.

SpaceX rockets past Amazon and Microsoft - but early rally fades amid doubts over sky-high valuation

Yesterday

SpaceX has rocketed past Amazon and Microsoft to become the fourth largest company in the world just three days after its record-breaking stock market listing.

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