Faisal Islam on the winners and losers of the interest rate cut

The government has launched a scheme to compensate former sub-postmasters and their families who were made to repay shortfalls caused by the Capture branch IT system. That system was in place from 1992 to 2000, and was the predecessor of the Horizon IT system which was also beset by scandal. A pilot version of the…

Vince Zampella, who co-created the popular video game series Call of Duty, has died in a car crash in California, aged 55. Zampella’s death was confirmed by Electronic Arts, which owns Respawn Entertainment, a game studio he co-founded. The influential video game developer was travelling in a Ferrari with another person, when it crashed and…

People who celebrate the killing of conservative influencer Charlie Kirk should be held accountable, US Vice-President JD Vance has said. “Call them out, and hell, call their employer,” Vance said as he guest-hosted an episode of the Charlie Kirk Show. “We don’t believe in political violence, but we do believe in civility.” Pilots, medical professionals,…

Archie MitchellBusiness reporter PA Media The Bank of England has warned of a “sharp correction” in the value of major tech companies with growing fears of an artificial intelligence (AI) bubble. It said share prices in the UK are close to the “most stretched” they have been since the 2008 global financial crisis, while equity…

Suranjana TewariAsia Business Correspondent, Seoul, South Korea Watch: Korean skincare is a multi-billion dollar industry – what makes it so great? Who would have thought serums infused with snail mucin – the sticky substance they secrete – would become a part of skincare routines around the world? Well, it’s happened – and the gooey elasticity…