2 hours 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

3 hours ago Wealthy couple face furious backlash after converting £1.25m boutique hotel into 'hot tub party' house with astroturf pitch they use as a helipad

Once an award-winning boutique hotel, the huge Grade II listed building in the New Forest National Park was bought by Stephen Parker and Hannah Passmore for £1.25 million last year.

Society

3 hours ago Wealthy couple infuriate neighbours after converting £1.25m boutique hotel into noisy 'hot tub party' home without permission and using their garden as a helipad

Once an award-winning boutique hotel, the huge Grade II listed building in the New Forest National Park was bought by Stephen Parker and Hannah Passmore for £1.25 million last year.

Society

5 hours ago David de Gea is reborn and central to Fiorentina’s Serie A renaissance | Nicky Bandini

Goalkeeper is at heart of team reviving and defying expectations thanks to seven straight Serie A winsDavid de Gea said on day one that he wanted to “make history” with Fiorentina. Three months later, you could make a case he has already succeeded. The Viola won their seventh consecutive Serie A game on Sunday, 2-0 away to Como. Only once before – back in 1960 – have they achieved such a run in the Italian top-flight.The Spaniard has been essential. De Gea collected his fifth clean sheet against Como, more than any other goalkeeper has managed since he made his league debut on 15 September. He is having to work for them, too. Continue reading...

Culture

6 hours ago CBI chief hits out at Reeves after firms face ‘heavy burden’ from tax rises

Confederation of British Industry chief executive Rain Newton-Smith said firms face tough decisions on hiring and investment due to the Budget.

Economics

6 hours ago Next Rangers manager odds: Former Liverpool and Chelsea bosses amongst favourites to replace Philippe Clement as ex

Rangers head coach Philippe Clement saw the pressure increase on his job after the 1-1 draw with Dundee United at Ibrox.

Society

6 hours ago Debenhams launches £2,759 saving on luxury diamond watch in latest Black Friday deal

Debenhams has launched a huge discount on GV2's luxury Swiss women's watch in a pre-Black Friday deal, slashing the price to £236 and saving shoppers 92% ahead of Christmas

Economics

17 hours ago As Cop29 wraps up and the climate crisis gathers pace, Australia’s dash for gas is confounding | Bill Hare

Nearly all observers believe Chris Bowen is strongly committed to action. Most agree that can’t be said for his partyCop29 in Baku has concluded but its outcome is disappointing – in many dimensions. Its decisions on finance – agreeing that the developed world would provide US$300bn a year by 2035 – come nowhere close to what’s needed. Ultimately, it may even be poisonous because of its lack of ambition and muddled scope – it does not even cover loss and damage.Baku saw little sense of urgency or increased climate action, despite the universal message from scientific studies, including the Climate Action Tracker. Our global update this year found that in the last three years there’s been virtually no improvement in either action on the ground, nor ambition to take action in the future. ...

Society

23 hours ago Roto VR Explorer review: A pricey gaming chair that delivers true VR immersion

The Roto VR Explorer is a £799 gaming chair that swivels left and right with your head as you play in a Meta Quest 3 headset, allowing for physical movement for the first time while seated

Society

26 hours ago Manchester United XI vs Ipswich: Starting lineup and confirmed team news for Ruben Amorim's first game

United begin life under new coach at Portman Road

Sport