The FCA is warning consumers about the risks of investing in loan notes and mini-bonds issued by unregulated companies, after continuing to see people lose money in these high-risk investments.
Read more →We banned the marketing of speculative mini-bonds and loan notes to ordinary retail investors from 1 January 2021.
Read more →Sports fashion retailer JD has slashed its profit forecasts as cost-of-living pressures, fuelled by the US war on Iran, weighed on sales of trainers.
Read more →Oxfam is reviewing the operations of its three warehouses in Batley, Bicester and Milton Keynes and says it “cannot give guarantees” on the future of its high street shops in a “difficult economic climate”.
Read more →US debt reached $40tn for the first time on Wednesday, the US treasury department said, after the government deficit doubled over the last decade.
Read more →Andy Burnham is far from the first prime minister to dream of taming the power of the mighty Treasury.
Read more →Long-term borrowing costs in the US eased on Wednesday after the Treasury department announced it would buy back more debt.
Read more →Meta has taken a “don’t ask, don’t tell” strategy when it comes to the safety of children on its social media platforms, according to a whistleblower who testified during a landmark trial against the company on Tuesday.…
Read more →The Chinese carmaker behind the irreverently nicknamed “Temu Range Rover” is plotting further UK expansion with a major research and development centre in England.
Read more →Mr Hadjigeorgiou was the former director and chief executive officer (CEO) of SVS Securities Plc (SVS), a discretionary fund manager.
Read more →The US treasury is doubling its buyback of government debt in an effort to balance out the bond market as officials at the US Federal Reserve remain divided over how to deal with high inflation.
Read more →Rail operators have apologised after a report into last Thursday’s derailment in East Sussex found a track defect on the approach to where the train derailed on the hottest day of the year so far.
Read more →Expected quarterly price cap rise of 4% likely to wipe out benefits of Andy Burnham’s VAT cut on electricity bills
Read more →The fallout from the war in Iran cranked up the heat on households last month as energy bills rose - how uncomfortable could inflation get from here?
Read more →The UK’s competition watchdog has launched investigations into Trainline, Virgin Atlantic and Red Driving School over concerns that all three companies displayed misleadingly low prices to their customers.
Read more →The upcoming week’s U.S. financial focus centers on the July FOMC meeting minutes, key macroeconomic data including industrial production and preliminary August PMIs, and major corporate earnings reports. The Fed minute…
Read more →A dog food brand has recalled all of its fresh meals after reports that a recipe change may have caused some animals to develop an eye condition that, if left untreated, can lead to sight loss.
Read more →Greens say analysis shows government failure to take bold climate action could lead to big gains for party at election
Read more →Higher energy bills drove UK inflation up to 2.9% in the year to July, the highest level in four months, according to new figures.
Read more →An Iranian lawmaker said Tehran would respond in kind if the US used a nuclear weapon against Iran, commenting on a media report about the possibility of such an attack, according to local media on Wednesday.
Read more →Europe’s post-war growth model rested on three mutually reinforcing pillars. Today, all three are weakening as the international environment changes.
Read more →The UK is vulnerable to food price shocks because of its dependence on imports of fruit and vegetable from countries even more exposed to the climate crisis, researchers say.
Read more →Children’s lungs grew bigger and stronger after the most polluting vehicles were restricted from entering London, a study has found.
Read more →OpenAI on Tuesday said it had slowed down the pace of its AI development while it overhauled its research and training systems.
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