UK interest rate cut this summer ‘possible’ says Bank of England deputy governor – business live Rolling coverage of the latest economic and financial news, as deputy governor Ben Broadbent gives his final speech at the BoE
BMW and others bought parts from China supplier flagged for forced labor US investigation found automakers continued sourcing parts made by supplier even after they were told about banned products
UK interest rate cut is ‘possible’ this summer, says Bank of England deputy Ben Broadbent says direct impact of Covid and Ukraine war on inflation has faded and BoE is waiting for longer-term effects to decline
Use nicotine, win an iPad! Zyn’s viral rewards program fuels addiction fears The trendy nicotine pouch company is following in the marketing footsteps of Marlboro and Camel
Green activists push Biden to freeze ‘disastrous’ deepwater oil export rigs Sensing election-year traction, coalition of 20 environmental groups also demand entrenchment of pause in gas-export licences
The US food industry has long buried the truth about their products. Is that coming to an end? The FDA is developing front-of-package labels that corporations may have to start printing as early as 2027
British Land sells stake in Sheffield’s Meadowhall shopping centre for £360m Norway’s sovereign wealth fund to take full control of the largest shopping centre in Yorkshire
Revealed: Meta approved political ads in India that incited violence Exclusive: Ads containing AI-manipulated images were submitted to Facebook by civil and corporate accountability groups
London-listed Keywords Studios says it will accept £2bn offer Video game services company backs EQT private equity bid in latest foreign move on UK-listed firm
Post-Brexit border checks forecast to cost UK £4.7bn, says NAO Watchdog says says repeated delays have caused unnecessary costs and strategy lacks a ‘clear timetable’
‘Free money’ and 10% interest: carrots banks are dangling to get you to switch Better deals are on offer in the battle to tempt new current account customers. But, be warned, there are a few strings attached
Ryanair reports record €1.9bn profit as Amber Rudd joins board Budget airline says summer ticket prices will be lower than expected
Counterfeit goes cool: high-end brands urged to embrace rise of #dupe Gen Z are flaunting their knockoffs and imitations – so experts say companies should play along
Espresso and tonic: rise in tonic water popularity leads to experimental mixes Health-conscious consumers drive trend as soft drink gets added to unusual spirts and flavours
Sales of bao buns on a roll as Britons fall in love with Asian treat Even the English Breakfast Society has welcomed the ‘baozi’ as supermarket chains feed off interest in world food