Fed holds interest rates for seventh consecutive meeting after ‘modest’ progress on inflation
At the turn of the year investors thought the cutting cycle would be well underway but now traders do not expect a cut until September.
Apple overtakes Microsoft as world’s most valuable company
Apple shares rose nearly five per cent to a new record high of $218.02 per share on Wednesday, making it more valuable than Microsoft.
‘It would be the death of entrepreneurship’: City alarm over Labour capital gains hike
A move to hike capital gains tax could spell the “death of the entrepreneurship” in the UK, a top City figure has warned, after the Labour party failed to firmly rule out the move this week.
Goodyear Tyres: Dunlop manufacturer’s sales hit £3bn following brands revamp
The UK arm of tyre giants Goodyear and Dunlop has seen its sales soar to almost £3bn following its ongoing efforts to raise the profile of its retail brands.
‘Nothing equates to a British pub’: TV hardman and ex-Eastenders star Ross Kemp on the perfect pint
TV’s favourite hardman Ross Kemp has been everywhere from Albert Square to Afghanistan but admitted “nothing equates to a British pub” as he hints at possibly opening his own boozer one day.
Labour threatens to strip Avanti rail contract as Branson plans rival
Shadow transport secretary Louise Haigh told Sky News Avanti had provided passengers with "woeful service" on the West Coast Main Line.
Mandarin Oriental: Five-star London hotel issues warning ahead of Trump v Biden rematch
The luxury Mandarin Oriental hotel in London's Hyde Park has warned that the upcoming US election between President Joe Biden and Donald Trump is impacting the number of international guests heading t
Shares in Lloyds, Natwest and HSBC jump as Reeves appears to rule out Labour raid on lenders
Shares in the UK's high street banks were among the biggest risers in a wider market rally on Wednesday.
EY UK boss Hywel Ball kickstarts leadership race after stepping down
Hywel Ball, head of Ernst & Young's (EY) UK business, has told partners at the firm that he will step down as chair, kickstarting a race for one of the most prestigious jobs in British professional se
‘Bad news’ for Upper Crust owner after watchdog calls for more rail station catering competition
The Office of Rail and Road has been investigating whether a lack of competition in railway station catering has been bumping up costs for passengers.