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US economy grows at fastest pace in two years
Posted onNatalie ShermanBusiness reporter Bloomberg via Getty Images The US economy picked up speed over the three months to September, as consumer spending jumped and exports increased. The world’s largest economy expanded at an annual rate of 4.3%, up from 3.8% in the previous quarter. That was better than expected, and marked the strongest growth in…
Strongbow and Jägermeister pull ads after watchdog probe
Posted onEmer MoreauBusiness reporter Al Nash Comedian Al Nash made the sponsored post about Strongbow cider Strongbow and Jägermeister have withdrawn social media ads after the advertising watchdog ruled against the way the brands presented their alcoholic drinks. The Advertising Standards Authority (ASA) said two Jägermeister adverts implied that alcohol was “a key component of social…
China’s economic growth slows as trade tensions with US flare up
Posted onOsmond ChiaBusiness reporter Getty Images The 4.8% growth in the third quarter marked a slowdown from 5.2% in the three months to July China’s economic growth slowed in the three months to the end of September as problems in the property market persisted and trade tensions with the US flared up. The world’s second-largest economy…
Fuel poverty will tighten grip in Hull this winter, charity says
Posted onCharis Scott-HolmEast Yorkshire and Lincolnshire PA Media Citizens Advice says people are still struggling to afford to heat their homes Citizens Advice is expecting a “surge in demand” for its services this winter, as people who are already struggling with fuel debt face further bills. The organisation said half of the 1,000 people it saw…
US and China agree framework of trade deal ahead of Trump-Xi meeting
Posted onThe US and China have agreed the framework of a potential trade deal that will be discussed when their respective leaders meet later this week, the US trade secretary has said. Scott Bessent told the BBC’s US news partner CBS that this included a “final deal” on TikTok’s US operations and a deferral on China’s…
