economy

China is trying to fix its economy – Trump could derail those plans

China has unveiled new measures aimed at boosting its flagging economy, as it braces for a second Donald Trump presidency.The country plans to tackle tens of billions of dollars of local government

7 months ago

by Kamshi Ahmed

Borrowing costs fall after inflation surprise

Borrowing costs for the UK government have plunged, as an unexpected drop in inflation at home and in the US raised bets that central banks will cut interest rates in the months

5 months ago

News

Government inspection of council finances extended

A government inspection of a Surrey council’s finances has been extended into 2025. The Best Value inspection was started at Spelthorne Borough Council in May, when the authority’s “extremely high” levels of

6 months ago

Business

More jobs and no ‘nuisance taxes’ – Ghanaians’ great expectations

Ghana’s former President John Mahama will be under enormous pressure to meet the expectations of voters following his landslide victory in Saturday’s election. He swept back to power after eight years in

6 months ago

Business

Who wins when Nigeria’s richest man takes on the ‘oil mafia’?

Petrol production at Nigerian business tycoon Aliko Dangote’s $20bn (£15.5bn) state-of-the-art oil refinery ought to be some of the best business news Nigeria has had in years. But many Nigerians will judge

6 months ago

Business

It’s scary’ – businesses exchange challenges with chancellor

Despite the bustle of Christmas shoppers in Leeds, small businesses are sharing their concerns about the upcoming challenges they face. In Labour’s first budget in 14 years, chancellor Rachel Reeves raised employer

6 months ago

Business

Interest rates forecast to be higher for longer due to Budget

Interest rates forecast to be higher for longer due to Budget 7 days ago Tom Espiner BBC business reporterShareSave UK interest rates will fall more slowly than expected over the next two

6 months ago

News

Bank boss takes pay cut after employee ‘tried to kill clients’

The boss of Japanese bank Nomura has taken a short-term pay cut after a former employee was charged with robbery of bank clients, attempted murder and arson. The worker allegedly stole money

6 months ago

Business

India police seek Starlink help over $4.25bn drug haul

Police in India say they have reached out for information to Elon Musk’s Starlink after they allegedly found drug smugglers using its satellite internet device to navigate Indian waters and reach the

6 months ago

News

Nightclub has licence revoked after gun fight

A nightclub in west London has had its licence revoked after a gun fight erupted there.It comes after a health and safety officer was visiting the site following safety concerns and happened

6 months ago

News

Town’s night-time economy revives after Covid

A high street is reviving its night-time economy as businesses recover from the impacts of the pandemic.Since the coronavirus lockdowns of 2020 and 2021, the West and East Midlands have seen nearly

6 months ago

News

Businesses ‘pessimistic’ about future of economy

The Institute of Directors (IoD) Guernsey said its latest survey showed a “fall in confidence” between May and November 2024.Business leaders were feeling “quite pessimistic” about the island economy over the next

6 months ago

News

Five ways to avoid being ripped off on Black Friday

The Black Friday sales are already in full swing and it can be easy to get swept up in the shopping frenzy and end up out of pocket – instead of bagging

6 months ago

Business

Uniqlo does not use Xinjiang cotton, boss says

The boss of the company behind global fashion chain Uniqlo has told the BBC that the Japanese firm does not use cotton from the Xinjiang region of China in its products. It

6 months ago

Business

NNPCL

NNPCL, In response to Wednesday’s assertions that its petrol price was N1,045 per litre, NNPCL clarified that the refinery has not yet announced its pricing. Currently, fuels from the PH Refinery are

6 months ago

News

Electric car targets could be eased as demand flags

Rules on electric vehicle (EV) sales could change as part of a “fast track” consultation from the government.Carmakers with factories in the UK have been urging the government to alter the rules,

6 months ago

Business

Trump vows tariffs on Mexico, Canada and China on day one

Donald Trump says he will hit China, Mexico and Canada with new tariffs on day one of his presidency, in an effort to force them to crack down on illegal immigration and

6 months ago

Business

Plan to promote growth in sustainable finance

A two year action plan to encourage the Isle of Man’s finance sector to move towards climate-related initiatives and investments has been developed.The Sustainable Finance Roadmap aims to direct capital towards investments

7 months ago

News

Trump selects financier Howard Lutnick as commerce secretary

Donald Trump has named investor Howard Lutnick, the co-chair of his transition team, to lead the US commerce department. In his announcement, Trump said Lutnick, the chief executive of financial firm Cantor

7 months ago

Business

TV networks MSNBC and CNBC to be spun off by Comcast

US media giant Comcast is set to spin off its NBCUniversal cable television arm, as the industry continues to struggle with the emergence of streaming giants like Netflix and Amazon Prime. The

7 months ago

Business

Logan Paul accused of misleading fans over crypto investments

Logan Paul, the massively popular social media personality, is facing fresh questions over his cryptocurrency dealings amid ongoing concerns he may have profited from misleading fans. Wecastonline has seen new evidence suggesting

7 months ago

Business

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