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Why has the Bank of England cut interest rates?
Posted onSo why has the Bank of England cut rates when inflation is well above its target of 2% and seems set to remain there? This vexed question is why the proceedings of the Bank’s nine member Monetary Policy Committee were so close and even involved an unprecedented second vote. The bottom line is that in…
Nine ways the Budget could affect you if youre under 25
Posted onArchie MitchellBusiness reporter Getty Images The chancellor has announced her Budget which includes a freeze to income taxthresholds, a rise in minimum wages and a so-called milkshake tax. Here are nine ways Chancellor Rachel Reeves’ Budget might affect you if you are 25 or under. Minimum wage workers will benefit Minimum wages will go up…
Mandalorian actress Gina Carano settles with Disney over firing
Posted onActress Gina Carano has settled her lawsuit against Disney and Lucasfilm after she was fired from Star Wars franchise spin-off The Mandalorian. She was dropped from the cast in 2021 following comments she made comparing being a Republican in the US to being a Jew during the Holocaust. Ms Carano, a former MMA fighter who…
Defence giant BAE hails record sales as workers remain on strike
Posted onSpeaking after the company’s record results, Woodburn, who has run BAE since 2017, said: “In a new era of defence spending, driven by escalating security challenges, we’re well-positioned to provide both the advanced conventional systems and disruptive technologies needed to protect the nations we serve now and into the future.”
