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The government is set to announce its intention to build a new rail link between Birmingham and Manchester, the BBC understands. Previous plans for the HS2 high-speed rail line had included a line between the two cities, but that part of the project was scrapped by Rishi Sunak’s government. On Wednesday, the government is expected…
Jasmine Ketibuah-Foleyand Alastair McKee,West of England BBC Anton Hammer said his warm home has meant fewer visits to his GP A charity has been shortlisted for an award after helping vulnerable households keep warm during the winter months. Gloucestershire charity Severn Wye started its Warm Homes Prescription pilot in 2022. Patients with respiratory, coronary, or…
Sophie CridlandSouth of England BBC Kelly needed to use the baby bank when her daughter was a newborn In a warehouse on an industrial estate a group of volunteers are sorting through items donated to a Dorset baby bank. One of those helping out is Kelly Fahy, from Weymouth, who said she wanted to give…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK retail spending rose at the lowest pace for seven months in December and below the rate of inflation, pointing to a “drab” Christmas period for retailers as consumers continued to feel the impact of…
Faisal IslamEconomics editor Reuters It is extraordinary enough to see the world’s top central banker make an unscheduled video statement on social media. My first thought upon seeing the post from the Federal Reserve chair Jerome Powell was: “Is this an AI deepfake?” That sense did not go away as I listened to what were…
Weekly coffee mornings at a library in the Isle of Man capital aim to “get people in who feel a bit isolated,” a librarian has said. Douglas City Library, on Duke Street, is running Winter Warmer sessions to encourage people to be social. They are held each Friday between 09:00 GMT and midday. The move…
Kevin PeacheyCost of living correspondent Getty Images Competition among lenders suggests that mortgage rates could be cut in the coming weeks, according to brokers and analysts. In a newly-published report, financial information service Moneyfacts said “expectations are high for a booming market in 2026”. Its data shows the choice of mortgage products has risen to…
The boss of one of the world’s largest beer brands, Heineken, is stepping down after six years as the firm battles falling beer sales. Dolf van den Brink said the Dutch brewer, which also makes pub favourites Birra Moretti and Cruzcampo, had been marked by “significant change” in recent years. The firm has been contending…
Shares in banks and credit card firms have fallen after US President Donald Trump called for credit card costs to be capped. On Friday, Trump wrote on Truth Social that interest rates on cards should be limited to 10% for one year from 20 January. He did not specify how such a cap might be…
Federal prosecutors have opened a criminal investigation into Federal Reserve Chairman Jerome Powell, he said on Sunday. In a video announcing the probe, Powell said the US justice department served the agency with subpoenas and threatened a criminal indictment over testimony he gave to a Senate committee about renovations to Federal Reserve buildings. He called…
