English

Eleanor Butler

Business

UK financial firms are hungry for AI - what's hindering progress?

Most insurance and banking companies are incorporating artificial intelligence (AI) into their workflow, but obstacles remain, according to a new report.

Economy

UK rental market slows as tenants hit ‘affordability ceiling’

The average UK rent price has risen to yet another new high, although supply and demand is starting to even out.

Economy

Good news for US as growth shows surprise jump

The world's biggest economy grew significantly faster than expected at the end of 2023, making a recession look increasingly unlikely.

Business

Netflix price hikes on the horizon as sign-ups surge

The streaming giant gained over 13 million subscribers in the three months to December, claiming password-sharing crackdown a success.

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Economy

A 'torrid' time for UK regions as they level down, not up

The average UK citizen is £10,200 poorer than they were as a result of the "Great Recession", says a new report by the Centre for Cities.

Economy

Parents: A guide to saving for your child's financial future

Most parents want to give their children the best chance in life, but many don't know how to maximise their savings.

Business

Almost 3,000 jobs to be cut as UK’s largest steelworks goes green

Indian-owned firm Tata Steel plans to close both of its blast coal powered furnaces in south Wales to focus on more eco-friendly production.

Business

Reddit reportedly planning March IPO launch

Online discussion platform Reddit is preparing to launch its initial public offering (IPO) amid revenue struggles, according to Reuters.

Markets

UK estate agents predict respite for housing market

Brighter days could lie ahead for the housing market following a rocky period caused by inflated mortgage costs.

Business

BP appoints new permanent CEO, Murray Auchincloss

Auchincloss will permanently replace predecessor Bernard Looney after acting as interim CEO since September.

Economy

UK wage growth slows as job vacancies fall

Salaries are rising at a slower rate in the UK but are still outpacing inflationary price hikes, according to official figures released on Tuesday.

Economy

How can ageing populations thrive?

Gathering for its annual meeting in the Swiss town of Davos, the World Economic Forum has released a new plan to support ageing societies.

Business

Apple offers Chinese customers discounts on iPhone 15s

The price of iPhone 15s is being cut by as much as 5% as competition heats up in China's smartphone market.

Business

The 13th month: Where in Europe do employers give Christmas bonuses?

The festive period is a notorious strain on the purse strings, but in some European countries, employers are legally obliged to dish out bonuses.

Economy

Why do iPhones cost a lot more in Europe than in the US?

The recently-launched iPhone 15 Pro Max is selling for an eye-watering $1199 in the US, but how do prices differ in Europe?

Economy

Where in Europe are people the most financially literate?

A new report suggests many adults lack the skills needed to understand and navigate challenging financial situations.

Economy

Continued contraction in eurozone services and manufacturing

December marks the seventh month of contraction for services and manufacturing in the eurozone, with the rate of decline picking up since November.

Economy

Pound gains after Bank of England keeps interest rates at 15-year high

In a widely expected move, the Bank of England (BoE), has decided to keep interest rates steady as part of its continued quest to bring down inflation.

Business

UK retailer Tesco recalls potentially moth-filled Christmas stuffing

The supermarket giant has warned its Apple & Cranberry Stuffing Mix is “unsafe to eat” as it may contain moths.

Economy

Health and wealth: Where in Europe are medical bills driving poverty?

A new report from the World Health Organization (WHO) shows that millions of people in Europe are struggling to pay their medical bills.

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