Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut

Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut

LONDON — The Bank of England kept its main interest rate unchanged at 5% Thursday despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago. The decision was widely expected amid ongoing concerns about inflation within the bank’s monetary policy committee, particularly … Read more

Musk and Zuckerberg have ‘polluted culture’

Musk and Zuckerberg have ‘polluted culture’

Meta boss Mark Zuckerberg and X owner Elon Musk are “the worst polluters in human history”, Stephen Fry has said. The actor and comedian made the claim during a lecture at Kings College, London. “You and your children cannot breathe the air or swim in the waters of our culture without breathing in the toxic … Read more

What do we know about Kate’s cancer journey?

What do we know about Kate’s cancer journey?

Catherine, Princess of Wales, has now completed a course of chemotherapy treatment and is focused on being cancer free and returning to work when she can. In a video message released earlier on Monday afternoon, she says the past nine months have been “incredibly tough for us as a family”. “The cancer journey is complex, … Read more

For years, a UK mining giant was untouchable in Zambia for pollution until a former miner’s son took them on

For years, a UK mining giant was untouchable in Zambia for pollution until a former miner’s son took them on

CNN  —  For years, the people in the villages around Chingola in Zambia endured frequent health challenges and dead fish floating around in their water source, but that was just the beginning of their nightmare. In 2006, their once-clear river water suddenly turned a vivid blue, tainted by waste from the copper mine owned by … Read more

Former Cleveland Fed President Mester on why she sees a series of 25 bps rate cuts this year

Former Cleveland Fed President Mester on why she sees a series of 25 bps rate cuts this year

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Loretta Mester, former Cleveland Fed president and CNBC contributor, joins ‘Money Movers’ to discuss what Fed officials think about market speculation for the rate decisions, what Mester expects for the rest of the year, and much more. Source link

Women in tech groups ‘can’t run on inspiration alone’

Women in tech groups ‘can’t run on inspiration alone’

Suw Charman-Anderson Suw Charman-Anderson warns that the annual event she organises may have to end Groups supporting women in science, technology, engineering and maths (Stem) fields are struggling to survive as corporations’ shrinking budgets, and cultural changes, see diversity strategies take a back seat. Ada Lovelace Day – a global annual celebration of women working … Read more