Exclusive Latest figures suggest that around 1,500 medical procedures have been cancelled at some of London’s biggest hospitals in the four weeks since the Qilin ransomware attack hit pathology service provider Synnovis. But perhaps no individual has been as badly affected as Johanna Groothuizen. Hanna – the name she uses – is now missing her … Read more
An award-winning pub has issued a warning after deciding to close part of its operations. The Old Abbey Taphouse in Hulme announced last night that it would close its kitchen for daily use ‘with immediate effect’. The venue is a social enterprise operating as a pub, music venue, catering kitchen, radio station, workspace and youth … Read more
A groundbreaking Alzheimer’s drug has been approved in the United States that slows mental decline by up to 60 percent. Donanemab, sold in the US under the brand name Kisunla, is available for patients with early symptoms of the disease. In Alzheimer’s disease, two proteins accumulate that cause brain cells to dieSource: AP The drug … 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 City of London has postponed a decision on the Square Mile’s new tallest building after the chairman of insurance market leader Lloyd’s of London lodged a last-minute objection. City of London Corporation officials had recommended … Read more
General view of the Bank of England building in London. Sopa images | Light rocket | Getty Images It keeps the central bank’s policy rate at a 16-year high of 5.25%, where it has been since August 2023. Seven members of the Monetary Policy Committee voted in favor of maintaining it, while two members favored … Read more
[Key takeaways] ● At its May meeting, the Federal Reserve kept its target range for the federal funds rate at 5.25%-5.50%, marking the sixth consecutive time it remained unchanged. ● The probability of a Fed rate cut in September has increased significantly from 50% to 70% in the first week of June due to indicators … Read more
The market reaction to OPEC’s latest production policy announcement was extremely negative, partly due to the many trades executed based on trend-following algorithms, analysts say. While most analysts view the OPEC+ alliance’s announcement this weekend as bearish for oil prices towards the end of the year due to the plan to start unwinding some of … Read more