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Chancellor says she can be trusted with the UKs finances despite claims she misled the public
Jennifer McKiernanPolitical reporter Laura Kuenssberg presses Rachel Reeves on whether the public was misled before Budget Chancellor Rachel Reeves has rejected claims she misled the public about the nation’s finances in the run-up to her Budget. Reeves was challenged on the BBC to explain why she had repeatedly warned about a downgrade to the UK’s…
CPI inflation: Price increases in the US ease in November
Natalie ShermanBusiness reporter Bloomberg via Getty Images Price increases in the US eased in recent months, as costs for items including hotels, milk and some kinds of clothing fell. The latest figures from the Labor Department showed prices rose 2.7% over the 12 months to November. That pace was down from 3% in September and…
Netflix boss defends Warner Bros bid ahead of Paramount deadline
Netflix has offered $27.75 a share, or $82.7bn (£61.2bn) in total, for Warner Bros’ studio and streaming networks – including brands such as Warner Bros, New Line Cinema, and HBO Max – leaving the rest of the firm to be spun off as an independent company.
Bessent says Argentina peso bet was homerun deal
US Treasury Secretary Scott Bessent said his risky US gamble on Argentina’s currency has paid off. Bessent said American financial support had been repaid and the US no longer held any Argentine pesos in its exchange stabilisation fund. The US had purchased the then-plunging currency last year in an effort to stave off further turmoil…
