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I’m going nowhere! Bank of England boss tells MoS he’ll stay for four more years – and delivers bright view of economy

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Andrew Bailey has vowed to lead the Bank of England for four more years, defying a string of calls from critics to resign.The Governor...
Bussiness

Berkshire Hathaway sells off large share of Apple and increases cash holdings

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Warren Buffett appears to have soured on stocks, letting cash soar at his Berkshire Hathaway firm to nearly $277bn and selling a large chunk...
Bussiness

Market Plunge Has Investors Bracing for Turbulent End to 2024

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Stocks are plunging. The Nasdaq 100 entered correction territory. Unemployment is on the rise. And now, investor excitement about Federal Reserve rate cuts in...
Bussiness

Warren Buffett raises Berkshire cash level to record $277 billion after slashing stock holdings

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Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A....
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Warren Buffett’s Berkshire Hathaway sold nearly half its stake in Apple

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Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A....
Bussiness

108 Trent XWB-97 Orders Help Rolls-Royce Report $1.4 Billion H1 Operating Profit

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Summary Rolls-Royce reported a £1.1 billion operating profit in H1 2024, up £0.5 billion despite supply chain challenges. The A350 engine leads...
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‘Free money’: £4bn lost to fraud and error on flagship HMRC ‘innovation’ scheme

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A government scheme to champion new research and boost the economy has cost more than £4bn in fraud and error since 2020 after widespread...
Bussiness

Chicken chain Wingstop fires up sale of British operation 

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Wingstop, the quick-service chicken chain which is Britain's fastest-growing restaurant operator, is...
Bussiness

Why have the big seven tech companies been hit by AI boom doubts?

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It has been tough week for the magnificent seven, the group of technology stocks that has played a dominant role in the US stock...
Bussiness

Sun, sea and sales … Britain’s delayed summer arrives to thaw the retail chill

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It’s been a second cruel summer in a row for retailers and the hospitality business, but a more prolonged spell of warmth – and...
Bussiness

NS&I responds to Premium Bonds customer who ‘hasn’t won a penny in 40 years’

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A Premium Bonds customer recently voiced their frustration on social media, claiming they had not won a single penny in 40 years.This prompted a...
Bussiness

Energy customers urged to switch to beat winter fuel payments changes

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Pensioners who learned this week that their winter fuel payments were being stopped – and anyone else who wants to cut their gas and...
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