35 h. ago Musk defends Doge on Fox News with false claims: ‘Almost no one has gotten fired’

Doge members, including Airbnb co-founder, aired their vision for federal government to be ‘Apple Store-like’Elon Musk and seven members of his so-called “department of government efficiency” sat down for a rare interview on Thursday evening on Fox News, defending their efforts amid public backlash and concern over cuts to key government agencies.Over the course of an hour-long sit down with host Bret Baier, Musk and team members repeatedly attempted to assuage fears over Doge’s targeting of agencies such as the Social Security Administration. Musk also downplayed the number of government employees his initiative has targeted in cuts, saying it was a small percentage of the overall government workforce and others left voluntarily. Continue reading...

Events

35 h. ago Musk defends Doge and cuts on Fox News: ‘Almost no one has gotten fired’

Doge members, including Airbnb co-founder, aired their vision for federal government to be ‘Apple Store-like’Elon Musk and seven members of his so-called “department of government efficiency” sat down for a rare interview on Thursday evening on Fox News, defending their efforts amid public backlash and concern over cuts to key government agencies.Over the course of an hour-long sit down with host Bret Baier, Musk and team members repeatedly attempted to assuage fears over Doge’s targeting of agencies such as the Social Security Administration. Musk also downplayed the number of government employees his initiative has targeted in cuts, saying it was a small percentage of the overall government workforce and others left voluntarily. Continue reading...

Events

38 h. ago Australia to hold general elections with inflation and a housing shortage major issues

Australians will go to the polls in May with high costs of living and a shortage of housing key issues likely weighing against the government

Politics

44 h. ago Latest Greece travel warning for Brits as government highlights three key dates to avoid

The UK Foreign Office has updated its guidance for British holidaymakers heading to Greece, including three key dates that travellers should try to avoid being in the country for

Events

64 h. ago Accusations and resignations mark remarkable 24 hours at charity founded by Prince Harry

Insiders cite cultural differences after Harry steps down as patron of Sentebale over ‘untenable’ leadershipIn a message to supporters on Wednesday afternoon, the Sentebale charity, founded two decades ago by Prince Harry and Prince Seeiso of Lesotho, tried to put a brave face on an extraordinary 24 hours. “While trustees are key for governance and regulation, and patrons – especially founders – are an honour to have, it’s the people in the field who are advancing the work, no matter what,” the charity said.“Our commitment to supporting youth in southern Africa with better health, stronger livelihoods and climate resilience remains as strong as ever. The work continues because they deserve nothing less.” Continue reading...

Politics

66 h. ago Hopes rise for interest rate cut after inflation falls – but experts warn relief may be short

The Bank of England have promised a “careful” approach to reducing the rate this year

Events

2 d. ago BREAKING: UK's economic forecast slashed to just 1% this year

The government’s tax and spending watchdog also predicted that inflation will average 3.2% this year, then fall to 2.1% in 2026 in a blow to the Chancellor Rachel Reeves

Economics

2 d. ago Odds of Bank of England interest rate cut strengthen after inflation falls to 2.8%

Bigger-than-forecast decline in annual rate in February is positive news for Rachel ReevesBusiness live – latest updatesThe odds of the Bank of England cutting interest rates in May have been strengthened after inflation cooled by more than forecast last month.In a boost for Rachel Reeves on the day of the chancellor’s spring statement, the Office for National Statistics said inflation as measured by the consumer prices index eased to 2.8% in February from 3% in January. Continue reading...

Economics

2 d. ago Trump’s ‘climate’ purge deleted a new extreme weather risk tool. We recreated it

The Guardian has recreated a searchable climate future risk tool developed by Fema but then deleted When Donald Trump won November’s election, a small team working on a key new US government tool charting impacts of the climate crisis scrambled into action. They hastily renamed the resource to remove the word “climate” and quietly released it without fanfare in December, before Trump’s return to the White House. Continue reading...

Politics

2 d. ago Why has inflation fallen and what does it mean for households?

Inflation fell to 2.8% last month, but economists have warned price rises could accelerate next month.

Economics

3 d. ago FTSE 100 LIVE: London stocks tepid as UK inflation falls ahead of spring statement

FTSE 100 LIVE: London stocks tepid as UK inflation falls ahead of spring statement  Yahoo Finance UK

Economics

3 d. ago Spring Statement 2025 LIVE: Inflation falls to 2.8% as Rachel Reeves prepares to unveil spending cuts

Chancellor Rachel Reeves will present her first highly anticipated spring statement to parliament on Wednesday.

Economics

3 d. ago Odds of May interest rate cut rise after UK inflation falls to 2.8% – business live

Rolling coverage of the latest economic and financial news, as pound dips after February’s inflation reportFurther benefits cuts planned as Rachel Reeves forced to find extra £1.6bnFive economic factors that will govern Rachel Reeves’s spring statementSterling is weakening a little, after UK inflation fell by more than expected this morning.The pound has lost nearly a third of a cent against the US dollar to $1.2915.The market reaction to this data has been minimal, as the focus remains on the Spring Statement later today.The pound has dropped slightly, but GBP/USD is down less than 20 pips so far on Wednesday, the bond markets are not open, but we think that UK Gilts will also have a mild reaction to this data. Continue reading...

Economics

3 d. ago UK inflation falls by more than anticipated, in a boost to the government ahead of a key statement

Official figures show price rises in the U.K. moderated by more than anticipated in February, in a boost for Treasury chief Rachel Reeves before she delivers a statement to lawmakers about the state of the public finances

Politics

3 d. ago Rate of inflation falls to 2.8% amid high street fashion price war

Official figures in prices come just hours before the Chancellor’s Spring Statement

Economics

3 d. ago UK economy receives welcome boost ahead of Rachel Reeves' Spring Statement as inflation falls to 2.8%

The rate of Consumer Prices Index (CPI) inflation fell to 2.8% in February from 3% in January, the Office for National Statistics (ONS) said

Economics

3 d. ago Inflation falls to 2.8% in boost for Rachel Reeves ahead of spring statement

The chancellor is set to deliver her spring statement later on Wednesday

Economics

3 d. ago UK inflation falls to 2.8% ahead of Rachel Reeves’s spring statement – business live

Rolling coverage of the latest economic and financial news.Further benefits cuts planned as Rachel Reeves forced to find extra £1.6bnFive economic factors that will govern Rachel Reeves’s spring statementHere’s a chart showing the various price changes that pulled UK inflation down to 2.8% last month.Core inflation has also slowed in February, despite prices rising steadily in the services sector.“The Bank of England will be reassured by today’s fall in underlying inflation, with core inflation easing. We expect underlying inflationary pressures to fall further over the coming months. That will hopefully allow the MPC to look through the expected near-term increase in headline inflation and resume cutting interest rates in the upcoming May meeting.“Goods inflation fell to 0.8% in February, however ongoing trade frictions could push prices higher. With the potential imposition of tariffs, the cost of imported goods could increase, creating additional cost pressures for both businesse...

Economics

3 d. ago Brits' hopes of interest rate cuts are boosted as inflation eases to 2.8%

UK inflation eased by more than expected last month to 2.8 per cent, new official figures show, delivering a boost to Chancellor Rachel Reeves ahead of her spring statement.

Economics

5 d. ago Busiest ever January for heat pump installations, figures show

Phasing out gas boilers and replacing them with heat pumps is seen by the Government as a key to cutting carbon emissions from homes.

Politics