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US interest rates held as Fed boss says no magic wand to tackle high prices
The Fed acknowledged that inflation remained “elevated”, which it said was in part due to rising energy prices, but said US economic activity was expanding at a “solid pace despite uncertainty caused by the conflict in the Middle East”. Warsh said he had wanted to and succeeded in having a “family fight” with his fellow…
Why switching to save money is easier than you might think
In years gone by, most people would get a bank account early in their adult life and stick with it for decades. Competition now sees banks try to win over new customers by offering cash to switch – but only if you use their current account as your main account. Many people have been put…
Which countries do business with Iran and what could new US tariffs mean?
Jemma Crewand Faarea Masud,Business reporters EPA/Shutterstock US President Donald Trump has said countries doing business with Iran will face a 25% tariff on trade they do with America. It comes as Iran cracks down on anti-government protests, with thousands of people feared dead. Trump has used the threat of tariffs before to exert pressure on…
New era for Gibraltar with removal of border controls with Spain
The Chief Minister of Gibraltar, Fabian Picardo, says the new arrangements, which are due to be provisionally implemented with their approval by the UK and European Parliaments still pending, represent “a huge change” for the territory. “One of the key things which has defined the past eight generations of Gibraltarians is the restrictions at the…
