Thanks for joining me. Hong Kong led another rally across Asian markets thanks to a surge in tech giants, putting it on course for its strongest run since 2018. The Hang Seng was the standout performer overnight thanks to buying of heavyweights including Alibaba and JD.com. 5 things to start your day 1) Apple suffers...
Tag: Cost of living crisis
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GB News to axe 40 jobs weeks after revealing heavy losses
GB News is to cut 40 jobs as the opinionated broadcaster battles to stem losses. Staff were informed of the cuts at a company-wide meeting on Friday afternoon following previous warnings that a restructuring would lead to some employees losing their jobs. Bosses are offering up to two months’ salary and a possible payment in...
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Trump’s wealth surges by $5.5bn as Truth Social starts trading
Donald Trump has entered the ranks of the world’s 500 richest people after shares in his social media company surged on their Wall Street debut. Shares in Trump Media and Technology Group (TMTG), the entity behind Mr Trump’s Twitter rival Truth Social, rose by more than 50pc at one point after it arrived on the...
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Ted Baker collapses with hundreds of jobs at risk. What went wrong?
“We wish that there could have been a better outcome for the Ted Baker employees and stakeholders,” said McNamara. “We remain focused on securing a new partner to uphold and grow the Ted Baker brand in the UK and Europe where it began.” He added that it will “hopefully [be] some consolation for customers” that...
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How cost-of-living crisis has changed Britain’s shopping habits: Covid hand sanitisers and Guinness are pulled from ONS inflation tracker – while vinyl, air fryers, gluten-free bread and women’s socks are added to list
The Office for National Statistics removing some items from its ‘basket’ of goods By Rory Tingle Home Affairs Correspondent Published: 09:30 BST, 11 March 2024 | Updated: 19:49 BST, 11 March 2024 Covid hand sanitisers and Guinness have been pulled from the inflation tracker in the first sign of how the cost of living crisis...