Tag results for: economy

Reeves warned there is no more fat to trim as the hospitality sector is facing severe losses – London Business News | Londonlovesbusiness.com

Inflation soared more than expected in July as demand for summer travel saw air fares climb by 30.2% between June and July, this is the largest rise since...

DAX retreats as tech selloff spreads and defense stocks slump on peace hopes – London Business News | Londonlovesbusiness.com

The DAX opened lower on Wednesday, under pressure following a global tech-led selloff. Risk sentiment remained fragile ahead of key economic data and US central bank commentary later...

Gold steadies near three-week low as investors await Fed signals – London Business News | Londonlovesbusiness.com

Gold traded close to a three-week low on Wednesday, with investors cautious ahead of the Federal Reserve’s Jackson Hole symposium. Markets are looking to Chair Jerome Powell’s remarks and...

Budget support needed as hospitality insolvencies continue to creep up – London Business News | Londonlovesbusiness.com

Today’s company insolvency statistics show accommodation and food services insolvencies rose again 4% from 296 in May 2025 to 307 in June 2025, reaching the highest monthly figure...

Bank of England could cut the base rate one more time this year – London Business News | Londonlovesbusiness.com

The Bank of England (BoE) could cut interest rates just one more time this year by a quarter-point, then again early next year as inflation persists. This is according...

Silver steadies amid geopolitical hopes and Fed caution – London Business News | Londonlovesbusiness.com

Silver traded within a tight range on Tuesday, holding near USD 38 per ounce, supported by robust speculative positioning and resilient investment flows, but capped by signs of...

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Meta is licensing Midjourney’s AI image and video tech

Meta has signed a partnership with Midjourney, an AI service that can generate images and videos from text prompts. According to Alexandr Wang,...

Why wind farms attract so much misinformation and conspiracy theory

The recent resistance Academic...

Surfing sand and sea, herding beasts and other new indie games worth checking out

Welcome to our latest recap of what's going on in the indie game space. It's been a very busy week in that realm,...