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Trump says tiny cars are amazing but will Americans actually buy them?
Posted onOsmond ChiaBusiness reporter Jason Garcia Nevi Bergeron and her Suzuki Cappuccino mini sports car America is known as the land of big cars and even bigger SUVs but Donald Trump has an idea that could change that. The president wants to bring to the US tiny vehicles, like those commonly seen on the streets of…
Businesses left asking – what happened to growth?
Posted onSimon JackBusiness editor Getty Images Not a single measure in the government’s policy-packed Budget will change the growth forecast for the next five years – that was the damning assessment of the government’s official forecaster, the Office for Budget Reponsibility (OBR). For a government that has declared economic growth as its top priority it is…
Rishi Sunak hired by Microsoft and Anthropic as paid adviser
Posted onRishi Sunak has taken up paid adviser roles at tech giant Microsoft and artificial intelligence start-up Anthropic. The former prime minister has been told he must not lobby ministers on behalf of the companies by the Advisory Committee on Business Appointments (Acoba), an independent watchdog which oversees the activities of former government figures. Sunak –…
When is the Budget and what might be in it?
Posted onJennifer Clarke & Tom EspinerBBC News Reuters The Chancellor Rachel Reeves will set out plans for the economy when she delivers the Budget on 26 November. There have been warnings that she will have to put up taxes or cut spending if she wants to stick to her own rules on government borrowing. Before the…
UK unemployment rate rises to 5% as jobs market weakens
Posted onMichael Sheils McNameeBusiness reporter Reuters The rate of UK unemployment has risen to 5% in the three months to September, showing signs the jobs market has weakened, according to new official figures. It is the highest rate since the period covering December 2020 to February 2021, according to the Office for National Statistics (ONS) –…
