Rising German wage growth casts doubt on the timing of the ECB’s interest rate cuts

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. German wages rose at the fastest pace in almost a decade, signaling a recovery in the broader euro zone and raising doubts about how aggressively the European Central Bank will cut interest rates this year. … Read more

Anglo American extends the deadline for its takeover of BHP after rejecting an improved offer

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Anglo American has expanded talks with BHP over a takeover bid, keeping the prospect of the mining sector’s biggest ever deal alive even after the British-listed group rejected a £38.6 billion third approach. BHP now … Read more

Improving the British economy will do little to dent Tory hopes of victory in the July elections

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Rishi Sunak declared inflation back to “normal” at 7am on Wednesday, ending the pain of rising prices. Less than twelve hours later, the Prime Minister took this opportunity to launch a surprise general election. Most … Read more

European markets close lower as UK inflation misses estimate

51 minutes ago Mining shares tumble after Anglo American rejects BHP’s takeover bid Mining shares tumbled on Wednesday afternoon after Anglo American rejected a third takeover proposal from rival BHP Group, as the companies agreed to extend the deadline for talks by a week. Anglo shares initially rose before paring gains to 0.65% at 4.10pm … Read more

Climate change: UK breakthrough could reduce CO2 emissions from cement – BBC News

Image source, Getty Images Image caption, Scientists hope to clean up cement production Item information Scientists say they have found a way to recycle cement from demolished concrete buildings. Cement is the most common building material in the world, but it is also a huge source of planet-warming gas emissions. This is due to the … Read more

Climate change: UK breakthrough could reduce CO2 emissions from cement – BBC News

Image source, Getty Images Image caption, Scientists hope to clean up cement production Item information Scientists say they have found a way to recycle cement from demolished concrete buildings. Cement is the most common building material in the world, but it is also a huge source of planet-warming gas emissions. This is due to the … Read more

European markets lower as UK inflation misses estimate

Marks & Spencer shares are rising after the British retailer posted a 58% annual profit increase Marks & Spencer shares rose on Wednesday, reaching levels last seen in early 2018, according to LSEG data. The company’s shares were last up 7.3% at 10:59 a.m. London time. Stock Chart IconStock chart icon Marks and Spencer The … Read more

Two hundred years after the first railway, we could be on the brink of a railway revolution

Two hundred years and two days after the founding of the original Liverpool and Manchester Railway Company, there are hopes that the two cities may be on the cusp of a new railway revolution. They are expectations shared by Greater Manchester Mayor Andy Burnham, his Liverpool City Region counterpart Steve Rotherham – plus Bev Craig … Read more

Offensive outbursts from wine-guzzling passengers on flight from Spain to Newcastle

A drunken holidaymaker caused fear and suffering in the air by shouting and swearing during a flight from Spain to Newcastle. Tipsy April Wilson was upset as she boarded the Jet2 flight in Alicante along with 187 other passengers and cabin crew. There were repeated attempts to calm the 58-year-old. She continued to shout and … Read more