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Category UK

Copper falls as weak Chinese real estate overrides production slowdown

Copper falls as weak Chinese real estate overrides production slowdown

The copper rally fizzled out quickly after the metal briefly soared past $11,000 per ton, as disappointing economic figures from China and the part...
Europe bulletin: US-Swiss trade deal, UK tax U-turn, Novo Nordisk shake-up

Europe bulletin: US-Swiss trade deal, UK tax U-turn, Novo Nordisk shake-up

Europe saw a flurry of political and economic developments this week, from a major US–Swiss trade breakthrough to the UK government’s surprise deci...
UK fiscal credibility at risk as Reeves plans to abandon income tax rise, economists warn

UK fiscal credibility at risk as Reeves plans to abandon income tax rise, economists warn

Rachel Reeves is set to abandon a planned rise in income tax in her upcoming budget after a tumultuous week inside the Labour Party, with the chanc...
UK bond market sell-off deepens after Reeves’ income tax U-turn

UK bond market sell-off deepens after Reeves’ income tax U-turn

The UK gilt market suffered a sharp shock on Friday after Chancellor Rachel Reeves abandoned plans to raise income tax in the upcoming November 26 ...
Big Tech’s AI dominance challenged as court backs Musk’s case against Apple, OpenAI

Big Tech’s AI dominance challenged as court backs Musk’s case against Apple, OpenAI

A Texas federal court has allowed a major antitrust lawsuit to proceed, targeting Apple Inc. and OpenAI over claims that their partnership may supp...