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YouTube content creators contributed £2.2bn to UK economy in 2024
Posted onZoe KleinmanTechnology editor and Tom GerkenTechnology reporter Emma Lynch/BBC Lilly Sabri has nearly six and half million followers on YouTube, where she posts fitness videos YouTube content creators contributed £2.2bn to the UK economy in 2024 and supported 45,000 jobs, according to an impact report carried out by Oxford Economics. It comes as an all-party…
Intel shares slide 12 per cent as supply constraints limit growth
Posted onUnlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Intel shares dropped as much as 12 per cent on Thursday after the US chipmaker gave a downbeat revenue outlook linked to issues in the launch of its new manufacturing technology that is critical to…
Iran war muddles expectations of likely Federal Reserve interest rate cuts
Posted onUnlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors have trimmed bets on the number of interest rate cuts this year as surging petrol prices and a softening jobs market complicate the Federal Reserve’s ability to boost the US economy while containing inflation….
Entertainer founder hands over toy shop chain to staff
Posted onEmma Simpson Business correspondent The Entertainer The Entertainer has 160 stores in the UK The founder of the UK’s biggest toy chain, the Entertainer, is handing over control of the business to his 1,900 workers. Gary Grant opened his first shop with his wife Catherine in 1981 when he was 23. He’s now 66, and…
1975: Could you do your food shop just once a year?
Posted onIt’s a chore we all have to do regularly but in 1975 Nationwide went grocery shopping with a couple who bought all their supplies yearly rather than weekly. By borrowing a van and enlisting the help of supermarket staff to push their multiple bulging trollies outside to the carpark, the pair reckoned their £122 annual…
