77 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

2 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

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

16 hours ago Wicked slays Gladiator II in ticket sales duel as new films boost box office

Combined $270m of worldwide ticket sales for Ridley Scott and Jon Chu movies leads to one of 2024’s busiest weekendsWith a combined $270m in worldwide ticket sales, Wicked and Gladiator II breathed fresh life into a box office that has struggled lately, leading to one of the busiest moviegoing weekends of the year.Jon M Chu’s lavish big-budget musical Wicked, starring Ariana Grande and Cynthia Erivo, debuted with $114m domestically and $164.2m globally for Universal Pictures, according to studio estimates on Sunday. That made it the third-biggest opening weekend of the year, behind only Deadpool & Wolverine and Inside Out 2. It’s also a record for a Broadway musical adaptation.Wicked, $114m.Gladiator II, $55.5m.Red One, $13.3m.Bonhoeffer: Pastor Spy Assassin, $5.1m.Venom: The Last D...

Sport

18 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

19 hours ago Meet the man behind the petition demanding a general election: More than one million Britons have called for change amid fury at Labour's Budget tax raid

Michael Westwood, who is the owner of Britain's 'cheapest pub', said he didn't imagine in his 'wildest dreams' that his campaign, which has been reposted by Elon Musk, would get such traction.

Economics

24 hours ago A MILLION people sign petition demanding general election amid mounting fury at Labour's Budget tax raid

The petition on the Parliament website, complaining that Keir Starmer has 'gone back on promises', has been gaining 100,000 backers an hour.

Economics

25 hours ago England vs Japan LIVE! Latest score and rugby updates from Autumn Nations Series

England attempt to avoid sixth straight defeat as Eddie Jones’ Japan visit Twickenham

Sport

27 hours ago LibDems won't back SNP budget that spends 'single penny' on independence

The LibDems will actively vote down any SNP budget that spends even a single penny on independence, the party’s leader was confirmed.

Economics