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Bank of England holds interest rates at 3.75% as inflation fears mount
The Bank of England has held its base interest rate at 3.75% amid concern that renewed conflict involving Iran could push up energy costs and reignite inflation. The decision matters because higher inflation could prolong pressure on household budgets and delay any reduction in borrowing costs, though governor Andrew Bailey said the Bank was not…
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The economy slowed a bit — but Americans continued to spend
The US economy grew at a slower annualised rate of 1.5% in the second quarter of 2026, but consumer spending remained strong. The figures matter because household spending is the main driver of the economy, while persistent inflation continues to complicate the outlook for families and policymakers. Growth slowed from 2.1% in the first quarter…
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America’s digital supremacy depends on our ability to upgrade the power grid — quickly
The article’s full text was unavailable because access to the page was denied. Based on the headline, it argues that rapidly modernising America’s electricity grid is necessary to sustain the country’s digital leadership. The likely focus is on the power demands of data centres, advanced computing and digital infrastructure, alongside the need for faster grid…
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DOGE Veterans Are Landing Big Jobs at Prediction Markets
Former associates of Elon Musk’s Department of Government Efficiency (DOGE) are taking senior roles at prediction-market firms, including Polymarket and sports-focused newcomer Novig. The appointments matter because the rapidly expanding industry is under intense legal and regulatory scrutiny, raising questions about the influence of people with recent experience inside federal regulators. Polymarket hired Jonathan Mendelson,…
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Only the Middle East crisis is preventing a drop in UK interest rates
The Bank of England has kept UK interest rates at 3.75%, with the Middle East conflict seen as the main obstacle to a cut. Policymakers believe domestic inflationary pressures are largely subdued, but fear prolonged higher oil and transport costs could rekindle inflation and prompt businesses and workers to raise prices and wage demands. Consumer…
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NFL employees’ troubling driving incidents mount, costing jobs and putting others at risk
The article examines a series of driving-related incidents involving NFL employees, arguing that arrests and alleged unsafe behaviour have cost people their jobs and endangered the public. It highlights the reputational and professional consequences for a league whose staff and former players are highly visible figures in their communities. Tony Romo is presented as a…
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Andy Burnham vows £8.4bn nuclear submarine investment will create thousands of jobs
Andy Burnham is expected to announce £8.4bn for the UK’s next generation of nuclear submarines, saying it will support thousands of jobs and apprenticeships. The investment is intended to prepare Dreadnought-class submarines for service in the 2030s, replacing the Vanguard fleet that carries the UK’s nuclear deterrent. The programme includes four submarines, beginning with HMS…
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FTSE 100 to fall from record high after Fed holds interest rates and Iran attacks; Rolls-Royce expects higher profits – business live
The FTSE 100 was set to open lower on Thursday after the US Federal Reserve held interest rates steady and Donald Trump escalated attacks on Iran, both fuelling investor concerns about rising inflation. Futures pointed to a drop of around 0.6% after the index had touched a record high of 10,951 points on Wednesday, before…
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Hundreds of new jobs coming to Sheffield as Andy Burnham backs nuclear submarine investment
The supplied article text contains no reporting beyond the headline, as the page requests that JavaScript and cookies be enabled. On the information available, it says that investment connected to nuclear submarines is expected to create hundreds of jobs in Sheffield and has the backing of Greater Manchester mayor Andy Burnham. The page provides no…