Business and Economics
Business and Economics News
Cost of Christmas dinner up 83% vs 2023 in major UK supermarket
Analysis shows that cooking for eight people will set you back £82.09 in Sainsbury's compared to just £44.81 in 2023.
Economists think the Russian rouble could be in freefall
“If panic occurs now, everything could collapse in a matter of days.”
Rachel Reeves expenses FT and Economist subscriptions and people don’t really see the problem
While the chancellor is reading sound financial news and information, millionaire Jacob Rees-Mogg is charging three times the amount to 'relocate paintings'.
Austrian Airlines quit X with the best post ever
The company cited an increasing spread of hate, agitation and disinformation as reasons why it has left the platform.
Spain issues ‘historic’ fine for budet airlines that charge for hand luggage
Ryanair was accused of violating consumer rights by charging for seat selection and asking for "a disproportionate amount" to print boarding passes at terminals.
Japan makes deep sea discovery that’ll keep its economy booming for a decade
Dense manganese nodules on the seabed of Minami-Tori-shima island are believed to be worth almost $27 billion.
Starbucks closes 50 stores in Malaysia as Gaza boycotts bite
Sales have been in free fall following a backlash over the conflict in the Middle East.
World’s poorest countries to get tariff-free access to China’s markets
It comes as Donald Trump has proposed more aggressive tariffs in the US ranging from 60 per cent to 100 per cent on Chinese goods and a universal tariff of up to 20 per cent on imports from all other countries.
Bank of England governor issues warning over economic harm of Brexit
He said he took no position on Brexit "per se", but has to "point out consequences".