60 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

1 hour 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

2 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

4 hours ago Major Scottish health board’s gender clinic to resume all referrals and assessments

Scottish Trans Alliance say questions remain over the health board’s decisions

Science

5 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 Half of businesses say Starmer's taxes will force them to cut jobs: CBI members slam monster Budget raid

The CBI is using its conference to sound the alarm on the £25billion hike to employer National Insurance.

Economics

6 hours ago Millions scammed on tech platforms despite pledge to tackle online fraud

Three quarters of those conned in last year fell victim on the websites of technology giants who committed to the government's Online Fraud Charter.

Science

7 hours ago Businesses go to war with Labour: Half of CBI members are looking to cut jobs after monster Budget tax raid

The CBI is using its conference to sound the alarm on the £25billion hike to employer National Insurance.

Economics

7 hours ago DWP confirms State Pensioners born in these years to get Winter Fuel increase

The Winter Fuel Payment will automatically be paid into the bank accounts of qualifying persons - but the exact amount will be higher for those of a certain age

Economics

8 hours ago Defiant Reeves to tell firms ‘we had no choice’ amid fierce Budget backlash

CBI boss will say measures announced by government have made it harder for firms to ‘take a chance’ on hiring new people

Economics