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UK stock market hit by nerves over US banks
Ben KingBusiness reporter Getty Images The UK’s stock market has fallen after a warning from two US banks triggered a sell-off in banking shares. Two US regional lenders, Western Alliance Bank and Zions Bank, said on Thursday that they had been hit by either bad or fraudulent loans, sparking fears of problems in the banking…
Burnham to set out cost-of-living measures as he tours UK
The prime minister is set to announce “a series of measures to make life easier” for those struggling with the cost of living in the coming days, Downing Street says. No 10 says Andy Burnham’s plans are to “give people some room to breathe”. He will also focus on ways of “improving high streets” as…
New car sales hit 2m, but EV discounts cant go on, warns SMMT
Theo LeggettBusiness Correspondent Getty Images Government discounts for electric vehicles are “unsustainable”, a major motoring group has warned, as the number of new cars registered in the UK exceeded two million last year for the first time since the pandemic. Nearly 500,000 of the new cars sold were electric, according to new figures from the…
Ben & Jerrys brand could be destroyed, says co-founder
Ben & Jerry’s will be destroyed as a brand if it remains with parent company Magnum, the company’s co-founder Ben Cohen has told the BBC. His remarks are the latest in a long-running spat between the ice cream brand and its parent company over its ability to express its social activism and the continued independence…
