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Five carmakers go on trial over emissions cheat claims
Emer MoreauBusiness reporter Getty Images A major lawsuit against five leading carmakers accused of cheating on emissions tests is set to begin at the High Court on Monday. The trial is the latest chapter of what has become known as the “dieselgate” scandal, with the companies facing allegations they used software to allow their cars…
Trump faces extraordinary moment in spat with Fed chair Powell
Faisal IslamEconomics editor Reuters It is extraordinary enough to see the world’s top central banker make an unscheduled video statement on social media. My first thought upon seeing the post from the Federal Reserve chair Jerome Powell was: “Is this an AI deepfake?” That sense did not go away as I listened to what were…
Three ways the latest inflation figures affect you
This year, the return leg of the long-haul flights they monitor had a return date of the Tuesday after Easter Sunday, at the height of peak season. And, as we tend to book in advance, the ONS collected the info on fares in February, so there was no impact from the war.
What’s behind Rachel Reeves’s hokey cokey on income tax rises?
After weeks of wondering will she, won’t she, and recent heavy hints that she would indeed raise income taxes in the Budget, Chancellor Rachel Reeves has now decided against the manifesto-breaching move. Amid the fog of Budget speculation, here is what we do know. That plan, to raise income tax rates by 2p but compensate…
