Tag results for: economy

Hotel giant warns government policies are making trading ‘more challenging’ – London Business News | Londonlovesbusiness.com

Hotel giant Travel Lodge has warned that the government’s policies are making trading “more challenging” as the industry has not been provided with rates relief. On Tuesday the Treasury...

Another major retailer enters administration on Reeve’s watch – London Business News | Londonlovesbusiness.com

The Original Factory Shop has entered into administration putting 1,180 jobs and 137 stores are at risk. On Wednesday the discount retailer appointed administrators from Interpath Advisory, the business...

US stocks hit milestone – London Business News | Londonlovesbusiness.com

S&P 500 hits 7,000 for the first time. Forecast beating tech results put fire under chip stocks. Fed expected to keep rates on hold later, but bets are on for...

Oil pauses rally near four-month highs – London Business News | Londonlovesbusiness.com

Oil prices saw a pause in their rebound today after rallying around 3% in the previous session to their strongest levels in roughly four months. Near-term supply fears still...

Emergency business rates support cuts average pub tax bill by £12,500 over three years – London Business News | Londonlovesbusiness.com

The government’s emergency business rates support for pubs will cut the bill for an average pub by more than £12,500 over the three years of the 2026 revaluation,...

Dollar stabilised after slipping to multi-year lows – London Business News | Londonlovesbusiness.com

The US dollar stabilised to a certain extent after sliding to its weakest level in multiple years, but continued to face downside risks. The market reacted to the US...

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NASA animation shows exactly how its crewed moon mission will unfold

A NASA video (above) reveals in great detail how its upcoming Artemis II mission is expected to play out. The space agency released the...

Apple just reported its best-ever quarter for iPhone sales

Apple shared its latest quarterly financial results today and the news is once again very, very good for the Cupertino company. The quarter...

Amazon discovered a ‘high volume’ of CSAM in its AI training data but isn’t saying where it came from

The National Center for Missing and Exploited Children said it received more than 1 million reports of AI-related child sexual abuse material (CSAM)...