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Sanae Takaichi: Japan stocks hit record after ruling party names pro-business leader
Posted onJapanese stocks have hit a record high after the country’s ruling Liberal Democratic Party (LDP) named Sanae Takaichi as its new leader, positioning the pro-business politician to be Japan’s next prime minister. The benchmark Nikkei 225 index closed 4.75% higher on Monday, ending the day above 47,000 for the first time. Takaichi, who has held…
Energy price cap rises slightly as temperatures fall
Posted onKevin PeacheyCost of living correspondent Getty Images Energy bills are rising for millions of households in England, Scotland and Wales as the new year begins, after Ofgem raised its price cap slightly. Prices for those on variable tariffs are rising by 0.2% from now, the equivalent to a £3 annual increase for a household using…
Workers across France strike over budget cut plans
Posted onHundreds of thousands of workers have taken take part in strike action across France on Thursday, after trade unions called for a day of protests against budget cuts. Organisers said one million people turned out, while the interior ministry put that number at 500,000, with 80,000 police officers deployed. Scuffles were reported in the cities…
