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Energy bills to go up for Power NI and Firmus customers
Both suppliers have said the increase is due to higher global energy and gas prices.
Italy’s Growth Was Robust at Start of 2026 in Surprise Revision
Italy’s economy grew more than initially estimated at the start of 2026, keeping up momentum from last year before the shock of the Iran war impacted growth.
BOE May Bear Temporary Above-Target Inflation to Support UK, Bailey Says
The Bank of England could temporarily tolerate inflation staying above its 2% target in order to support the UK’s weak economy, Governor Andrew Bailey said, so long as second-round price effects do not emerge. “Given the context of softness in the real economy and uncertainty around the scale and duration of the shock, tolerating temporarily above-target inflation to provide some support for the real economy is an appropriate way to approach the trade-off,” Bailey said at an economic conference...
Reeves’ savings package to have minimal impact on inflation rise
A discount campaign launched by Chancellor Rachel Reeves will “shave off” an expected rise in inflation, analysis has suggested, as economists have raised concern over Britons’ inflation expectations. Reeves’ move to delay a hike in fuel duty beyond September and offer VAT relief for businesses giving families reduced prices could strip 0.2 percentage points off CPI inflation, according to JP Morgan. The analysis suggests that two-thirds of the £300m package would pass through to lower pr...
Japan Used Record $73.6 Billion to Support Yen in Past Month
Japan spent a record ¥11.73 trillion ($73.6 billion) over the past month to support the yen after the currency slid past 160 per dollar, according to Finance Ministry data confirming the government’s first market intervention since 2024.
Why I’m grateful to the Pope for his encyclical on AI | Francine Prose
The intelligent and thoughtful encyclical is an important warning of the uses and misuses of a rapidly developing technology. Silicon Valley is wrong to dismiss itOften I’m asked if I think that the novels of the future will all be written by AI. It’s not so much a question as a provocation. Do I worry that a machine can do what I do, only better? I usually say something like: “No algorithm is going to write Anna Karenina!” which is also not a real answer.So I’m grateful to Pope Leo XIV, the Ame...
'Best' independent UK brewery sinks into liquidation – founded in 2018
'Best' independent UK brewery sinks into liquidation – founded in 2018The brewery had made popular small-batch craft beers in Scotland. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Sarah Barltrop 10:58, Fri, May 29, 2026 Updated: 10:59, Fri, May 29, 2026 A brewery has plunged into liquidation (Image: Getty)A Glasgow brewery founded in 2018 has plunged into liquidation after being wound up earlier this y...
Natwest and Barclays sweeten mortgage costs as Iran peace hopes ease interest rate fears
Natwest and Barclays have become the latest lenders to sweeten up their mortgage deals, as hopes remain high that a peace deal will be reached in the Middle East that would bring calm to the interest rate environment. Both lenders have unveiled reductions in mortgage rates, with Barclays cutting its rates across the board by up to 0.43 per cent. Meanwhile, Natwest has cut its rates by up to 0.54 per cent with its two-year tracker cut to 4.42 per cent. This follows a similar move by Santande...
Arsenal Champions League final tickets on resale sites for £200,000
Tickets for Saturday’s Champions League final between Arsenal and Paris Saint-Germain are being sold for £195,000 as ticket holders look to cash in on interest. Arsenal can win a first ever Champions League title in Budapest this weekend but will need to overcome defending champions PSG at the Puskas Arena in Hungary. The Gunners received an official allocation of just over 16,000 tickets and the desire for Arsenal fans to watch their team potentially make history is leading to ticket holde...
Penarth named Welsh seaside town with joint fastest growing house prices
Five Welsh seaside destinations have made a top 10 list revealing coastal areas where house prices are rising the fastest
$51 Billion Opportunity: This Sector Can Create 26 Lakh Jobs, Improve Cities
According to the study, better handling of organic waste could create nearly 26 lakh direct jobs, attract around $24 billion in investments.
KPMG Australia boss resigns amid whistleblower scandal
The boss of KPMG Australia has resigned after the firm admitted to severely mishandling a whistleblower report on client confidentiality breaches. The scandal was prompted by a whistleblower who alleged that client documents were inappropriately shared with the senior leadership team, including the chief executive, which prompted an internal investigation. But the investigation did not substantiate the claims, and an external law firm also supported the outcome. However, after the whistle...
The shrinkage of Pakistan’s aid chart
Measles in the US, a cholera outbreak in the DRC, TB patient registration drops in Cambodia, Kenya, and Mozambique and closer to home, HIV outbreaks in children have all been linked to what doctors have warned are cuts to programmes and disastrous policy changes. Global funding has shrunk for healthcare across countries that need it the most which is why experts in Pakistan are really getting worried. The effects are immediately clear on the ground. In the busy streets of Lyari, Karachi, Amna Su...
Key Japanese Aluminum Fee Set for Record as War Squeezes Supply
Rio Tinto Group and South32 Ltd. have offered Japanese clients third-quarter aluminum supply at record premiums, said traders familiar with the matter, after conflict in the Middle East tightened the global market.
A.I. Doesn’t Have to Mean Layoffs
A French multinational, Schneider Electric, decided to use artificial intelligence in manufacturing to make workers more productive, rather than to replace them. Here’s how that’s going.
10 Stunning Luxury Cars Under $100,000: Look Millionaire Without Breaking the Bank!
Discover the ultimate blend of elegance and performance in these luxury vehicles that won't empty your wallet. From turbocharged engines to sleek designs, these cars make you feel like a million bucks without spending it!
Horror as teenage girl ‘sexually assaulted’ on UK beach during Bank Holiday
Horror as teenage girl ‘sexually assaulted’ on UK beach during Bank HolidayIt is purported that a man made inappropriate comments towards a group of girls before touching one of them Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source By Sophie Warburton 10:06, Fri, May 29, 2026 Updated: 10:12, Fri, May 29, 2026 An investigation has been launched after man 'sexually assaulted' a teenage girl on a UK beach (Image: Getty)An...
With 40 Lakh Homes Covered, This PM Scheme Steps Up Clean Energy Mission
Under the scheme, households installing a 3KW rooftop solar system can avail subsidies of up to Rs 78,000.
KBRA Releases Research – Spanish RPL RMBS: Resilient Performance and an Established Asset Class
KBRA releases research that examines the key characteristics of Spanish reperforming loan (RPL) residential mortgage-backed securities (RMBS) transactions rated by KBRA, focusing on factors that may influence credit performance as the transactions season. The report also discusses the composition of the underlying mortgage portfolios, including restructuring profiles, arrears trends, pay rates, leverage, seasoning, and kept-rate performance, as well as the structural features designed to mitiga...
Oil price drops amid hopes of US-Iran peace deal
Commodity poised for one of biggest monthly declines, while global stock markets rallyBusiness live – latest updatesOil prices fell on Friday as investors hoped for the end of the US-Israel war on Iran, leaving the commodity poised for one of the biggest monthly declines ever.The price of Brent crude futures, the global benchmark, fell by 1.3% to $91.54. Brent is heading towards one of its biggest monthly drops ever as it nears a fall of 17% since the start of May. Continue reading...