Borrowers may face bigger interest rate rises in the coming months as Bank of England officials prepare to speed up monetary tightening over stagnation fears. Huw Pill, the central bank’s chief economist, said he was willing to adopt a “faster pace” of tightening than the Bank had implemented in the past few months. The Bank […]
The competition watchdog is formally examining Amazon’s treatment of the third-party sellers that use its retail platform. The investigation by the Competition and Markets Authority (CMA) will look at whether the technology giant has a “dominant position in the market” and whether it uses this to give an unfair advantage to its own business and […]
Despite the vast majority of small businesses saying they are focussed on addressing green issues, around 90 per cent of business owners say a combination of lack of knowledge, support from the Government and cashflow issues are barriers preventing them from doing more on sustainability. At a time when the Chair of the Environment Agency, […]
As many as one in ten adults in Britain have bought crypto assets such as bitcoin, far more than was previously thought. Research commissioned by HM Revenue & Customs found that about 6.7 million adults owned or have bought crypto assets. This is almost three times higher than estimates from the Financial Conduct Authority, the […]
‘Visibility is key to effective communication’ was perhaps the clearest takeaway from the enforced periods of remote work over the last two years. Modern teams may have emerged from the lockdowns with very different conclusions about the benefits and place of home working, but few could argue that distance has eased relations between employers and […]
Twitter asked an Indian court on Tuesday to overturn some government orders to remove content from the social media platform, a source familiar with the matter said, in a legal challenge which alleges abuse of power by officials. The U.S. company’s attempt to get a judicial review of the orders is part of a growing […]
SYDNEY — A wild storm system that has pounded parts of Sydney with torrential rain for four days has moved away from the city, satellite images showed on Wednesday, although rivers remained above danger levels, forcing more evacuations. Read More
Expressing condolences at the death of freedom fighter P Gopinathan Nair, Prime Minister Narendra Modi said on Wednesday that he would be remembered for his contribution to India’s freedom struggle and unwavering commitment to Gandhian principles. Centenarian Nair died on Tuesday following age-related ailments at a private hospital in Neyyattinkara in Kerala. Considered as a […]
SINGAPORE/HONG KONG — The dollar stood tall on Wednesday, holding at a 20-year peak against the euro and multi-month highs against other major peers as higher gas prices and political uncertainty renewed recession fears and sent investors scrambling to the safe-haven currency. Read More