LATEST ARTICLES

Brexit is hampering UK productivity, says Bank policymaker

The uncertainty caused by Brexit is deterring companies from investing and hampering Britain’s ability to close its productivity gap with other leading developed countries, a Bank of England policymaker has warned. Silvana...

Ground rent: ‘We feel like prisoners in our own home’

High charges have left young homebuyers trapped – and the John Lewis pension fund has been accused of playing a role Thousands of young homebuyers remain trapped in virtually brand-new homes made...

Google’s solution to accidental algorithmic racism: ban gorillas

Google’s ‘immediate action’ over AI labelling of black people as gorillas was simply to block the word, along with chimpanzee and monkey, reports suggest After Google was criticised in 2015 for an...

Sterling surges against dollar as Spain and Netherlands back soft Brexit

Finance ministers from both countries reportedly keen to maintain the closest possible ties with EU and Britain The pound has surged to its highest level against the dollar since the UK’s vote...

Tories urge Theresa May to fund NHS by raising taxes

Former business minister Nick Boles proposes national insurance overhaul to create revenue stream for health service Theresa May is facing growing calls from Conservative MPs to consider higher taxes to fund the...

Four Seasons Health Care rescue talks suffer setback

Minority bondholders react angrily to deal conditions tabled by troubled firm’s biggest lender, H/2 Capital Partners Talks over the future of loss-making Four Seasons Health Care, which looks after 17,000 elderly and...

Horrocks plan is the death knell for the Open University

hank you for Peter Wilby’s article describing Peter Horrocks’ proposed developments for the Open University. I worked at various levels of the OU, inspired, like many others, by its aims of...

New York City plans to divest $5bn from fossil fuels and sue oil companies

Mayor Bill de Blasio: ‘It’s up to the fossil fuel companies whose greed put us in this position to shoulder the cost of making New York safer and more resilient’ New York...

UK must be ready for rise of electric vehicles, says ABB chief

Charging point manufacturer’s CEO warns that UK power grid needs to handle expected 9m electric vehicles by 2030 The UK should speed up preparations for the rise of electric vehicles, according to...

World Bank issues warnings on interest rates and inflation

After better than expected growth in the global economy, Bank says financial markets are vulnerable to unforeseen negative news Financial markets are complacent about the risks of sharply higher interest rates that...