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Sky News
Inflation fall is welcome – but financial situation households are in compared to five years ago is stark
Inflation falling back to 2%, the magic number as far as the Bank of England and the increasingly desperate Conservative election campaign are concerned, is unequivocally welcome news.It has been a long road down from the peak of 11.1% in October 2022 and a great deal of hardship has been felt along the way. The …
Business
Euro News
UK inflation rate hits target of 2%: Is this a signal for rate cuts?
Business
Euro News
Hargreaves Lansdown set to back consortium’s euro billions takeover bid
Business
Sky News
Inflation falls to Bank of England’s 2% target
UK inflation has eased to 2% – increasing the prospect of an interest rate cut within months.The consumer prices index (CPI) rate for the year to May was confirmed by the Office for National Statistics (ONS) on Wednesday. The figure indicates that prices are still rising, but at the slowest pace since July 2021.The ONS …
Business
Euro News
AI boom propels Nvidia to the top as the world’s most valuable company
Business
Euro News
Uber expects ‘mobility media’ to bring in $1 billion this year, but what is it?
Business
Sky News
Self-driving cars found to be safer – except at dawn, dusk, or when turning
Self-driving cars are safer than those driven by humans, except when it is dusk, dawn, or the vehicle is turning, according to a new study.Autonomous vehicles are involved in fewer accidents than cars driven by humans, researchers from the University of Central Florida have found. However, although the research generally showed self-driving cars to be …
Business
Sky News
Possible ‘criminal conspiracy’ at Post Office, Horizon investigator tells inquiry
There was “possibly a criminal conspiracy” at the Post Office, according to an independent forensic accountant drafted in to investigate the controversial Horizon accounting system.Ian Henderson, one of the two forensic accountants from Second Sight paid by Post Office (POL) to review sub-postmaster convictions involving Horizon in 2012, told the public inquiry into the scandal …
Business
Sky News
Hargreaves Lansdown to seek bid extension amid CVC-led talks
Hargreaves Lansdown, the FTSE 100 personal investment platform, is expected to extend talks with a consortium of private investors who have proposed buying the company in a deal worth about £5bn.Sky News has learnt that the London-listed company is in detailed talks with the consortium, led by CVC Capital Partners, about a revised offer that …
Business
Evening Standard
Inflation set to hit Bank of England’s 2% target, but MPC not expected to cut interest rates
Inflation is set to hit the Bank of England’s 2% target when official figures for May are released tomorrow, but it is not likely to be enough to make the Bank of  England cut interest rates this week, City economists say.According to a survey of economists for data provider Refinitiv, inflation is set to fall …
Business
Evening Standard
Keir Starmer will not ‘write future budgets’ amid questions over tax rises
Sir Keir Starmer would not rule out changes to council tax rates in his plans for government, as the Conservatives stepped up their demands for Labour to rule out tax rises.The Labour leader said he would not “write the budgets for the next five years”, when asked about changes to council tax.His party has already …
Business
Business Live
Historic Mersey ferry set to be transformed into floating bar and restaurant in Liverpool
The transformation of a historic River Mersey ferry into a floating restaurant and bar is set to progress further. Last year, Liverpool Council approved plans for the MV Royal Daffodil to be converted at a mooring point within Canning Dock, marking its first permanent location in over a decade. The project is led by directors …

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