2 h. ago Berkshire Hathaway stock picker Todd Combs to leave for JPMorgan

Warren Buffett announces leadership shake-up at conglomerate

Politics

3 h. ago UK mortgage rates fall to lowest since September 2022; China’s trade surplus hits $1tn – business live

Trade data shows China’s exports topped forecasts in November, driven by a surge in shipments to non-US marketsBack in China, car sales have fallen for the second month running.Retail vehicle sales fell about 8% to 2.1 million units in November, according to data published by the China Passenger Car Association today. This shows a 22% slump in sales of gasoline cars, with new-energy vehicle sales rising 4.2% for the month.“Usually the trend at the end of the year is that the car market should get stronger and stronger from October. But the retail sales in November compared to previous years is unusual.”“Mortgage rates continue on the downward trend and November was particularly fruitful for fixed rate cuts.The re-pricing by lenders led to the average five-year fixed rate dropping below 5% for the first time in over two years and sits at its lowest point since before the ‘mini-Budget’ in September 2022, alongside its two-year counterpart. Continue reading...

Economics

3 h. ago FTSE 100 Live 08 December: Magnum ice cream shares make debut, index steady

Shares in The Magnum Ice Cream Company today began trading after the Wall’s and Cornetto owner completed its split from Unilever.

Politics

4 h. ago FTSE 100 Live 08 December: Index steady start, Unilever completes ice cream demerger

Shares in The Magnum Ice Cream Company today began trading after the Wall’s and Cornetto owner completed its split from Unilever.

Politics

25 h. ago Is Guinness actually English? Head brewer copied London's porters in the 18th century, historian claims

Head brewer and founder Arthur Guinness created his famous dark beer after exports of the so-called London 'porter' proved a hit in Dublin.

Politics

3 d. ago Netflix agrees to buy Warner Bros Discovery studio and streaming business in $83bn deal

Streaming service to gain control of studio behind Harry Potter and Batman, as well as HBO, home to The White Lotus and Game of Thrones Business live – latest updatesNetflix has agreed to buy Warner Bros Discovery in an $82.7bn (£62bn) deal that will dramatically reshape the established Hollywood film and TV industry.The streaming company will take control of prize assets including Warner Bros, the studio behind franchises including Harry Potter, Superman and Batman, as well as HBO, home to shows including Game of Thrones, The White Lotus and Succession. Continue reading...

Economics

3 d. ago Cloudflare outage hits major web services including X, LinkedIn and Zoom – business live

Cloudflare reports it is investigating issues with Cloudflare Dashboard and related APIsTechnical problems at internet infrastructure provider Cloudflare today have taken a host of websites offline this morning.Cloudflare said shortly after 9am UK time that it is “is investigating issues with Cloudflare Dashboard and related APIs [application programming interfaces – used when apps exchange data with each other]. Continue reading...

Society

3 d. ago FTSE 100 Live 05 December: House price growth weakens, Ocado payout lifts shares

Annual house price growth has slowed to its weakest level since March 2024.

Society

3 d. ago FTSE 100 Live 05 December: House price growth weakest since March 2024, index holds firm

Annual house price growth has slowed to its weakest level since March 2024.

Society

3 d. ago Skipton in Yorkshire named happiest place to live in Great Britain

Access to nature and essential services and friendliness of the people led ‘gateway to the Dales’ to top Rightmove indexIt is nicknamed “the gateway to the Dales”, is home to one of England’s best-preserved medieval castles and, for trivia fans, was the birthplace of half of Marks & Spencer. Now, the Yorkshire market town of Skipton has been named “the happiest place to live” in Great Britain.It received the accolade from the property website Rightmove, which runs a “happy at home” index that is now in its 14th year. The survey asks residents how they feel about their area based on a range of factors. Continue reading...

Politics

4 d. ago FTSE 100 Live 04 December: SSP and Future shares surge, £28bn energy plan to lift bills

Consumers are facing higher gas and electricity bills after Ofgem today approved £28 billion investment in Britain’s energy network.

Economics

4 d. ago FTSE 100 Live 04 December: Boost for SSP and Future, £28bn energy plan to lift bills

Consumers are facing higher gas and electricity bills after Ofgem today approved £28 billion investment in Britain’s energy network.

Economics

4 d. ago FTSE 100 Live 04 December: Energy bills to rise, SSP and Future shares surge

Consumers are facing higher gas and electricity bills after Ofgem today approved £28 billion investment in Britain’s energy network.

Science

4 d. ago FTSE 100 Live 04 December: Energy bills to rise, Frasers and SSP post results

Consumers are facing higher gas and electricity bills after Ofgem today approved £28 billion investment in Britain’s energy network.

Science

5 d. ago FTSE 100 Live 03 December: CVC deal lifts Smiths, Sainsbury’s falls on Qatar stake sale

Thames Water today reported a backlash from customers after bills were increased in April.

Economics

5 d. ago FTSE 100 Live 03 December: HSBC appoints chair, Smiths Detection sold to CVC

Thames Water today reported a backlash from customers after bills were increased in April.

Society

6 d. ago FTSE 100 Live 02 December: Warning over stretched AI valuations, lenders pass stress test

The Bank of England today warned AI-focused valuations remain “materially stretched” and at risk of a “sharp correction”.

Events

6 d. ago FTSE 100 Live 02 December: Bank issues AI valuation warning, lenders pass stress test

The Bank of England today warned AI-focused valuations remain “materially stretched” and at risk of a “sharp correction”.

Events

6 d. ago 'Warren Buffett of tech' admits the real reason he sold his $15B stake in world's biggest company after sale sent panic through Wall Street

In mid-November, Son's surprise sale of the company's stock triggered a chill across Wall Street.

Economics

7 d. ago FTSE 100 Live 01 December: Bitcoin and defence stocks fall, Virgin Media fined

Bitcoin is under pressure during a risk averse session for global markets.

Politics