Former First Minister Nicola Sturgeon is no longer being investigated in the current Police Scotland inquiry into the Scottish National Party's (SNP) finances. The news came as her husband, Peter Murrell, appeared in court in Edinburgh on embezzlement charges. Murrell, the former chief executive of the SNP, faced a private hearing at Edinburgh Sheriff Court …
The Bank of England is expected to keep interest rates unchanged at 4.5% when the Monetary Policy Committee (MPC) announces its latest decision on Thursday. The Bank’s rate plays a crucial role in determining borrowing costs for households, businesses, and the government, while also influencing returns for savers. The last adjustment came in February when …
The Organisation for Economic Co-operation and Development (OECD) has downgraded the global economic growth forecast amid the ongoing fallouts of US President Donald Trump's protectionist tariff policies. In its latest report, the OECD estimates that major economies, such as the UK, will see slower GDP growth rates. The organization's warning is that consumers will bear …
Thames Water has received a £3bn rescue loan after an appeal against the deal was rejected. The struggling utility firm won the loan in February as part of plans to avoid being taken over by the government due to worsening financial pressures. The appeal, lodged by a small number of lenders and Liberal Democrat MP …
Rachel Reeves, preparing for the next spring statement, is especially worried about the surprise 0.1% UK economic slump in January. The Office for National Statistics (ONS) released the figures, contrary to the 0.1% increase City experts had anticipated for the period. The dismal performance of the services sector, which could not counter the industrial sector's …
Tesco is making a real effort to lower food waste and promote sustainability by donating food approaching its sell-by date for nothing in some supermarkets. The service, which has been piloted in some Tesco Express shops, lets people take home foods with yellow labels after 9:30 pm. But instead of being distributed to the general …
Southwest Airlines is implementing a major shift in its long-standing practices by charging for checked bags, a step that will help increase revenue as the airline faces financial difficulties. The new policy, announced on Tuesday, will be implemented on May 28, representing a dramatic departure from one of the airline's most popular customer amenities. For …
Barclays will pay millions of pounds in compensation to customers after a succession of severe technical breakdowns which left banking services in disarray. The bank puts the total it will have to pay to affected customers at between £5 million and £7.5 million. This was revealed in a recent letter to Members of Parliament (MPs). …
Walgreens Boots Alliance has been bought by private equity company Sycamore Partners in a multi-billion-dollar deal, representing a dramatic change in the ownership of the company. The $23.7 billion (£18.37 billion) deal will see Walgreens Boots Alliance cease to be publicly listed on the Nasdaq stock exchange in New York. Instead, it will move into …
Greggs reported its lowest rate of sales growth since the pandemic, attributing it to bad weather early in 2025 and a visible change in the way consumers spend their money. The UK's biggest bakery chain's shares fell close to 12% on Tuesday after it announced that like-for-like sales had risen by only 1.7% in the …
Rodney McMullen resigned as CEO of Kroger following an independent inquiry that concluded his private behavior was not in line with Kroger's ethics policies. The supermarket chain explained that the behavior had nothing to do with its business and did not include any Kroger staff members. The firm was informed of the allegations on February …
U.S. stock futures edged higher Tuesday morning after a sharp sell-off in major indices on Monday. Investors continued to be in a state of anxiety as they waited for President Donald Trump's tariffs on imports from Canada and Mexico to come into effect later in the day. Futures tied to the Dow Jones Industrial Average …
Sergey Brin, a co-founder of Google, is pushing engineers at the company to spend more time in the office, working as many as 60 hours a week, to speed the development of artificial intelligence. Brin, who has largely maintained a low profile in recent years, has become more involved with Google’s AI efforts, especially after …
Britain is struggling to cope with an increasing youth jobless crisis, as the number of youngsters not in education, employment, or training (NEETs) has risen to its highest figure in more than a decade. Statistics from the Office for National Statistics (ONS) confirm that almost one million young adults aged 16 to 24 were out …
