Image source, Getty Images Article information Labour’s remarkable victory provides a unique opportunity to revitalise and transform the British economy. The incoming Chancellor of the Exchequer and the Prime Minister know this, and I am told that this is what they intend to achieve in office. Rachel Reeves told me she was looking for a … Read more
Bitcoin Bitcoin has fallen to $50,000 per bitcoin after Federal Reserve Chairman Jerome Powell warned of a “critical period.” Subscribe now to Forbes CryptoAsset & Blockchain Advisor and “discover blockbusters poised for gains of over 1,000%” after the earthquake that halved bitcoin! Bitcoin price has fallen by around 25% over the past month, with Bitcoin, … Read more
The Labour Party’s landslide victory in Thursday’s British election means it takes power in the country after more than a decade under the leadership of the Conservative Party. The change comes at a time when there is still a lot of economic uncertainty in the country, the effects of higher inflation are still being felt … Read more
How long does it take for the income to equal that of an ‘equal’ annuity? What are the inflation risks with a 20-year pension? Money experts analyze the numbers and explain what to look for before you buy Retirement Income: Annuities offer a guaranteed income until you die, and the deals have improved thanks to … Read more
The Labour Party was widely expected to win a large majority and traders had already priced this in. This led to a muted reaction for the pound. Friday, July 5, 2024 07:07, UK The pound held steady against the US dollar after an exit poll showed the Labour Party on course for a landslide victory. … Read more
Unlock Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favourite stories in this weekly newsletter. The author is head of asset allocation research at Goldman Sachs Since interest rates began rising in 2022, investors are recovering from one of the biggest shocks to their portfolios – and to their belief systems … Read more
Unlock Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favourite stories in this weekly newsletter. Samsung Electronics expects operating profit to rise more than 15-fold in the second quarter as memory chip prices continue to recover from last year’s decline due to strong demand for artificial intelligence products. Friday’s better-than-expected outlook … Read more
1 day ago By means of Peter Shuttleworth, BBC news Getty Images Today, around 200 trains pass through the Severn Tunnel every day, travelling so fast that the air pressure in the tunnel would burst your eardrums. The leaking water is in your beer, it’s the place where an Oasis classic was born and where … Read more
Image source, Getty Images Article information Author, Tom Singleton Role, Technology reporter 49 minutes ago Three decades after its launch, it’s hard to grasp the scale of Amazon. Consider its vast warehouse in Dartford, on the outskirts of London. It holds millions of items in stock, with hundreds of thousands bought every day – and … Read more
Image source, Getty Images Article information Author, Tom Singleton Role, Technology reporter 8 hours ago Three decades after its launch, it’s hard to grasp the scale of Amazon. Consider its vast warehouse in Dartford, on the outskirts of London. It holds millions of items in stock, with hundreds of thousands bought every day – and … Read more