15 minutes ago Wall Street hits record high after Scott Bessent nominated as US Treasury secretary – business live

Bonds rally and dollar dips as investors welcome choice of billionaire hedge fund manager Bessent as next Treasury secretaryNewsflash: A deputy governor at the Bank of England has warned that it is “too early to declare victory” in the fight against inflation.Clare Lombardelli has told a conference organised by King’s Business School this morning that inflation has fallen steeply over the past two years. But, she is concerned that there are signs that the process of “wage disinflation” may be slowing, which would keep the cost of living rising faster than the Bank’s target.The outlook for wages and services prices is unclear from here.We need to see more evidence that wage growth and services inflation will continue their journey down to target-consistent rates.The UK economy has made g...

Society

77 minutes ago UK politics live: McVitie’s boss says it’s hard to understand why businesses would invest in Britain

CBI chief Rain Newton-Smith said that business had been caught ‘off-guard’ by national insurance hikes

Economics

2 hours ago Glasgow cancer nurse's heartbreak as he tells Paisley rally of tragic Gaza loss

Gerry O'Hare – who has spent 12 years helping to create better cancer care in Gaza and the West Bank – joined forces with Paisley 4 Palestine.

Economics

2 hours ago 'I swap my home with people in different countries, now I date men all over Europe'

Kirst Irvine, 40, said she found the dating scene in the capital to be "hard work"

Society

3 hours ago Wall Street heading for record high after Scott Bessent nominated as US Treasury secretary; Barclays fined £40m over 2008 Qatari deal – business live

Bonds rally and dollar dips as investors welcome choice of billionaire hedge fund manager Bessent as next Treasury secretaryNewsflash: A deputy governor at the Bank of England has warned that it is “too early to declare victory” in the fight against inflation.Clare Lombardelli has told a conference at the Bank this morning that inflation has fallen steeply over the past two years. But, she is concerned that there are signs that the process of “wage disinflation” may be slowing, which would keep the cost of living rising faster than the Bank’s target.The outlook for wages and services prices is unclear from here.We need to see more evidence that wage growth and services inflation will continue their journey down to target-consistent rates.The UK economy has made good progress on disinfla...

Economics

5 hours ago I'm A Celeb fans call for Dean to miss luxury hotel and fly straight home after jungle axe

Dean McCullough has proved to be a divisive star of I'm A Celeb, with many fans calling for the DJ to go straight home and miss out on his luxury hotel stay once he leaves

Society

5 hours ago I was a Celtic transfer target but now I'm a £6m Club Brugge star and I want to SILENCE Hoops fans

Ardon Jashari was linked with Celtic before joining Clube Brugge and now wants to silence the Hoops faithful

Economics

9 hours ago Troy Deeney points finger at players stopping Chelsea joining Premier League title race

Chelsea currently sit third in the Premier League under Enzo Maresca, but former Premier League striker Troy Deeney has expressed concerns about their goalkeeper and defence

Sport

17 hours ago 'Not playing tennis': Hibs inquest goes on as reality of relegation battle bites hard

Newell labels latest defeat ‘unacceptable’ as individual mistakes prove costly again

Events

17 hours ago Cop29 climate deal worth £240BILLION is finally struck but excludes China

Developed countries including the UK, US and EU nations agreed to pay $300billion (£239billion) a year - up from the $100billion they pay now.

Economics