18 h. ago Pensions report cuts Reeves’ planned growth funds from £160bn to £11bn

Chancellor had anticipated surpluses from final salary schemes would boost investment in UK economyPlans to invest £160bn of surplus funds from final salary pension schemes to boost the UK economy over the next 10 years have been dealt a blow by a Whitehall assessment that found there was likely to be little more than £11bn available to spend.In a knock to Rachel Reeves’s growth agenda, a report by civil servants at the Department for Work and Pensions (DWP) found that the expected surpluses in occupational schemes would be used by businesses to offload their pension liabilities to insurance companies. Continue reading...

Economics

22 h. ago Shoppers praise £14 hair growth gummies that 'transform hair and nails in weeks'

With thousands of five-star reviews, these chewable gummy vitamins are a bestseller on Amazon - and one shopper's hair growth results speak for themselves

Economics

22 h. ago ‘Miracle’ hair growth gummies that ‘transform hair in weeks’ and make nails grow long

Amazon shoppers are praising this tasty and effective supplement for boosting the growth of hair and nails, with some reporting noticing a difference in just a few weeks

Politics

25 h. ago Gardeners can clear ivy for good with £2.10 natural solution

Gardeners are often left frustrated by the rapid growth of English ivy, but there is a simple and all-natural way to get rid of it using just three household items

Economics

29 h. ago Gardeners issued urgent feed warning for fruit and vegetables during summer

Gardening experts have urged people to follow one simple rule to ensure a healthy growth on their plants during the summer months and ensure the best quality on their produce.

Events

40 h. ago US fiscal policy is going off the rails — and nobody seems to want to fix it

Democrats and Republicans alike have presided over an unsustainable growth in the debt and deficit

Events

42 h. ago Donald Trump calls for ‘full point’ rate cut after jobs report

Renewed attack on Federal Reserve comes after official data shows weakening employment growth

Politics

43 h. ago US economy added 139,000 jobs in May as labour market weakens

Revisions to previous months’ figures point to slowdown in employment growth

Economics

44 h. ago Midea recalling 1.7 million of its popular air conditioners due to mold concern

Midea is voluntarily recalling about 1.7 million of its popular U and U+ Smart air conditioners because pooled water in the units may not drain fast enough, leading to mold growth

Politics

55 h. ago I suspect there's something poisonous about money. That’s why I’m embracing a gift economy | Kelley Swain

A slow and gentle lifestyle is possible; it’s just not sold to us, so it is harder to listen out forGet our weekend culture and lifestyle emailI’ve heard from a very wise friend that something she hadn’t previously considered, which she read in my “tiny house” article, was that the housing market requires most people to be in debt. It’s been a strangely positive experience to come to the concept of “economics” through living my life as a poet, novelist and medical journalist, because it allows me to critique things that might otherwise go unnoticed. Another very wise friend told me that her husband went to university to study economics, was told on day one that the entire model is built on a concept of infinite growth, and he quit to become a gardener. No wonder we’re friends.The first book of economics I read was The Serviceberry by Robin Wall Kimmerer. The point of this beautifully written, small book (a long essay, really) is that different concepts of “economies” exist – we need...

Economics

60 h. ago Goldman Sachs reins in risk appetite as Trump tariffs roil markets

Chief operating officer John Waldron anticipates period of ‘slowflation’ with rising prices outpacing growth

Politics

60 h. ago Goldman reins in risk appetite as Trump tariffs roil markets

Chief operating officer John Waldron anticipates period of ‘slowflation’ with rising prices outpacing growth

Politics

64 h. ago Donald Trump says he and Friedrich Merz are ‘unhappy’ about Russian invasion of Ukraine at White House meeting – Europe live

US president says ‘I think we’re going to be successful at stopping bloodshed’ as he meets German chancellor in Oval OfficeUK trade secretary Jonathan Reynolds has also called for reforms of the WTO including changes to the much-criticised dispute resolutions system which can also take years to settle disputes between trading nations.“We do recognise that reforming and repositioning the WTO so that it can respond more effectively to the challenges of today is the only way to safeguard long term stability and growth tomorrow. Continue reading...

Events

66 h. ago Menopause treatment linked to longer survival in breast cancer patients

A study has found that estrogen creams may improve survival rates, despite previous fears they could stimulate cancer cell growth

Events

67 h. ago ECB cuts interest rates to 2% in effort to bolster flagging eurozone growth

European Central Bank makes eighth quarter-point cut in a year as bloc reels from impact of Trump’s trade warsBusiness live – latest updatesThe European Central Bank has cut interest rates to 2% in an effort to boost flagging economic growth across the eurozone.The ECB, making its eighth quarter-point cut in a year, said the 20-member currency bloc needed a reduction in the cost of borrowing as it reeled from the damage caused by Donald Trump’s trade wars. Continue reading...

Politics

69 h. ago 'Bigger pension pots for Britons': Chancellor says reforms will boost economic growth

Measures include a clampdown on schemes offering poor value for money, and creating 'mega' pension funds which can make better investment returns.

Economics

69 h. ago Starmer to meet Nato’s Rutte amid US pressure to spend 5% of GDP on defence – Europe live

US defence secretary Pete Hegseth says there is ‘near consensus’ on funding commitment for Nato member statesUK trade secretary Jonathan Reynolds has also called for reforms of the WTO including changes to the much-criticised dispute resolutions system which can also take years to settle disputes between trading nations.“We do recognise that reforming and repositioning the WTO so that it can respond more effectively to the challenges of today is the only way to safeguard long term stability and growth tomorrow. Continue reading...

Events

2 d. ago Eurozone interest rate cut expected; Tesla’s UK sales fall by a third – business live

Rolling coverage of the latest economic and financial newsStock exchange dealt another blow as £12bn fintech ditches main London listingUK trade secretary Jonathan Reynolds has also called for reforms of the WTO, including changes to the much criticised dispute resolutions system which can also take years to settle disputes between trading nations.Reynolds told the European Policy Centre security conference in Brussels:“We do recognise that reforming and repositioning the WTO so that it can respond more effectively to the challenges of today is the only way to safeguard long term stability and growth tomorrow.“Our eyes are fixed on greater flexibility in decision making, greater openness in the east of plurilaterals and building a fully functioning dispute settlement system,”“the trees that survive the storms aren’t the tallest. They’re the ones whose roots are intertwined with their lives.“Just in the past two days, during the OECD trade ministerial [summit] the message was clear a...

Economics

2 d. ago Europe's central bank expected to lower interest rates as Trump's trade war threatens growth

Lower inflation and concern that U.S. President Donald Trump’s trade war will slow already modest growth have cleared the way for the European Central Bank to cut interest rates at Thursday’s policy meeting, a step that would lower borrowing costs for consumers and businesses and promote economic activity

Events

3 d. ago Eurozone interest rate cut expected; Tesla’s UK sales drop by a third – business live

Rolling coverage of the latest economic and financial newsThe UK car market has returned to growth, new data shows, but sales of Teslas have fallen by a third.Overall car registrations rose by 1.6% in May, to 150,070 units, according to the Society of Motor Manufacturers and Traders (SMMT). That’s the strongest May for new car sales since 2021, but 18% below pre-Covid levels. Continue reading...

Economics