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Warsh edges closer to becoming Fed chair but an interest rate cut may still be a ways off

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‘Nigel is mad to accept his money’: who is Christopher Harborne, the mystery billionaire bankrolling Reform? | Reform UK

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Shortly before Christmas 2022, Chakrit Sakunkrit, owner of the Kamalaya Wellness Sanctuary on the Thai island of Koh Samui, invited 200 guests to spend a...
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Stock markets will fall, Bank of England deputy governor says | Stock markets

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Record-high global stock markets do not reflect the risks in the global economy, and will fall back, a deputy governor at the Bank of...
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Business

China warns US of retaliation over Trump’s 100% tariffs threat | Trump tariffs

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Beijing has told the US it will retaliate if Donald Trump fails to back down on his threat to impose 100% tariffs on Chinese...
Business

Rachel Reeves looks for extra headroom in budget to insulate UK economy against bond market | Budget

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Rachel Reeves is aiming to create more “headroom” against her fiscal rules in November’s tax-raising budget, to cushion the UK against volatile government bond...
Business

High street slot machine shops pay staff bonuses linked to how much gamblers lose | Gambling

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High street slot machine shops are paying their staff bonuses linked to how much gamblers lose, the Guardian has learned, prompting condemnation of the...
Business

UK wage growth falls to four-year low as demand for workers slows – business live | Business

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Introduction: UK wage growth falls to four-year lowGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.There’s...
Business

Millions in England face higher water bills after regulator backs more price rises | Water industry

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Water bills for millions of households in England are to increase by even more than expected after the competition regulator gave the green light...
Business

Entry-level workers face ‘job-pocalypse’ as firms turn to AI; risk of winter blackouts falls – business live | Business

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Entry-level workers face ‘job-pocalypse’ due to AIEntry-level workers are facing a ‘job-pocalypse’ due to companies favouring artificial intelligence systems over new hires, a...
Business

Spot gold rises above $4,000 for the first time; car dealer Vertu Motors warns of £5.5m profit hit from JLR disruption – business live...

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Key eventsShow key events onlyPlease turn on JavaScript to use this featureHere’s our full story on gold:SharePeter Hargreaves retires from Hargreaves Lansdown and hands...
Business

EU plan to match Trump steel tariffs spurs ‘existential threat’ to UK steel industry | Steel industry

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The EU has announced it will match Donald Trump’s steel tariffs, doubling levies on imports to 50% in a move condemned as “an existential...
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