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Chancellor blames Brexit deal for long-term damage to economy
Rachel Reeves chose to stress the long-term damage done to the UK economy by the 2020 Brexit deal, in her remarks at a key international economic committee at the International Monetary Fund (IMF). In remarks published this weekend, the chancellor told the world’s leading finance ministers and central bankers: “The UK’s productivity challenge has been…
Trump says US will not ‘waste our time’ helping Argentina if Milei loses
President Donald Trump has acknowledged that a $20bn (£15bn) US lifeline to help calm Argentina’s currency crisis is an attempt to sway elections this month in the South American nation. Welcoming Argentina’s libertarian leader Javier Milei to the White House, Trump warned that the US would not “waste our time” with helping Argentina if Milei’s…
BYD: Chinese EV giant sees UK sales soar by 880%
Chinese car making giant BYD says the UK has become its biggest market outside China, after its sales there surged by 880% in September compared to a year earlier. The company says it sold 11,271 cars in the UK last month, with the plug-in hybrid version of its Seal U sports utility vehicle (SUV) accounting…
The Swiss city that lets you pay for most things with bitcoin
John LaurensonBusiness reporter, Lugano, Switzerland AFP via Getty Images Shops and restaurants across the Swiss city of Lugano now accept bitcoin In a McDonald’s by a lake surrounded by mountains, in the centre of the Swiss city of Lugano, a customer orders coffee. “Can I pay with bitcoin?” he asks, and the person behind the…
