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Thousands march in Edinburgh calling for action to end poverty
Posted onBBC Protestors met outside the Scottish Parliament building Thousands of people have marched through central Edinburgh calling for more action to tackle poverty in Scotland. The Scotland Demands Better demonstration was organised by trade unions and charities to push for more action on poverty ahead of the UK Budget and next year’s Scottish Parliament elections….
Bank boss sorry after describing workers as lower value human capital
Posted onDiscussing how automation was likely to lead to thousands of job cuts at the bank at a recent conference, Bill Winters said it wasn’t about cost cutting but “replacing, in some cases, lower value, human capital, with the financial capital and the investment capital that we’re putting in”.
Spending without thinking is a risk with unlimited contactless cards
Posted onKevin PeacheyCost of living correspondent and Tommy LumbyBusiness data journalist Getty Images Spontaneous spending is likely to rise if the limit on contactless cards is increased or scrapped entirely, academics say. At present, the need to press a four-digit PIN for purchases over £100 gives people a timely prompt about how much they are paying,…
Government borrowing costs jump on reports of Reeves dropping income tax rise
Posted onReuters UK government borrowing costs have risen in reaction to reports the chancellor will not increase income tax in the upcoming Budget. The interest rate on 10-year government bonds, known as the yield, jumped to 5.56% from 5.44%, indicating the cost to government if it chose to borrow over this length of time. The jump…
Trump moves to ban home purchases by institutional investors
Posted onDanielle KayeBusiness reporter Houston Chronicle via Getty Images A for sale sign is seen in front of a house in a Spring Branch neighborhood in Houston, Monday, Oct. 27, 2025. US President Donald Trump has said he will move to ban big corporate investors from buying single-family homes, in a bid to make housing more…
