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Finance and Economy

SoftBank chief son explores debt-heavy financing for $500 billion AI push

A few weeks ago, SoftBank Group Corp. founder Masayoshi Son stood beside US President Donald Trump to unveil the ambitious…

By Anjali Yadav 7 Min Read

Man seeks to buy tip where he believes he lost bitcoin fortune

A computer engineer from Newport has made an audacious bid to purchase a landfill site where he believes a hard…

By Mona Porwal 7 Min Read

Bank shareholders eye returns as Barclays and NatWest report

Shareholders in two of the UK’s largest banks, Barclays and NatWest, are eagerly anticipating the release of annual results this…

By Anjali Yadav 7 Min Read

Bank of England cuts interest rates to 4.5% as it downgrades growth forecast

The Bank of England has cut UK interest rates to 4.5%, marking a key shift in monetary policy as policymakers…

By Mona Porwal 5 Min Read

Financial ombudsman service chief quits months after reeves’ call for reform

The chief executive of the Financial Ombudsman Service (FOS), Abby Thomas, has stepped down, just months after Chancellor Rachel Reeves…

By Mona Porwal 5 Min Read

UK interest rates set to fall at Bank of England meeting on Thursday

Experts are predicting that the Bank of England will announce a reduction in the UK’s base interest rate at its…

By Mona Porwal 5 Min Read

Bank of England expected to resume interest rate cuts

The Bank of England (BoE) is widely expected to announce a reduction in the UK’s base interest rate later this…

By Mona Porwal 5 Min Read

Hedge funds bet Trump trade war will spark global recession

Hedge funds bet Trump trade war will spark global recession Investors have rushed to offload shares in North American and…

By Mona Porwal 4 Min Read