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Why has the Bank of England cut interest rates?
Posted onSo why has the Bank of England cut rates when inflation is well above its target of 2% and seems set to remain there? This vexed question is why the proceedings of the Bank’s nine member Monetary Policy Committee were so close and even involved an unprecedented second vote. The bottom line is that in…
Pinterest boss says he thinks about Molly Russell every day
Posted onThe boss of Pinterest has told the BBC the death of Molly Russell is a daily reminder of the urgent need to make social media safer for young people. The app – which functions like a digital notice board – hit the headlines when the 14-year-old, from Harrow, in northwest London, took her own life…
Trump says $72bn Netflix-Warner Bros deal could be a problem
Posted onUS President Donald Trump has flagged potential concerns over Netflix’s planned $72bn (£54bn) deal to buy Warner Brothers Discovery’s movie studio and popular HBO streaming networks. At an event in Washington DC on Sunday, he said Netflix has a “big market share” and the firms’ combined size “could be a problem”. On Friday, the two…
HS2 trains could run slower than planned to save money
Posted onThis means HS2 trains could not be tested at their intended operating speeds until a bespoke test track, or the railway itself is complete, something DfT sources claim would delay completion of the project by several years and cost billions of pounds.
Oil and gas prices rise after gas field strike
Posted on“As previously warned, if the fuel, energy, gas, and economic infrastructures of our country are attacked by the American-Zionist enemy, in addition to a powerful counterattack against the enemy, we will severely strike the origin of that aggression as well,” the military said in a statement published by Tasnim.
