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US credit card debt reached a

record $1.17tn

in the third quarter of 2024, growing from $770bn in the first quarter of 2021 and the share of active credit card holders making just minimum payments rose to

10.75%

, the highest percentage ever in data going back …

European and world leaders have promised swift retaliation after Donald Trump signed proclamations

imposing 25% tariffs

on all steel and aluminium imports to the US in a move that risks precipitating a global trade war.

The president of the European Commission, Ursula von der Leyen, said on …

Rangers in the Cairngorms are searching for a herd of feral pigs believed to have been illegally released in the national park.

The animals were spotted near the Uath Lochans area, close to the village of Inch and only 5 miles from where four lynx were illegally released last month.

The Bank of England policymaker Catherine Mann has said she backed a half-point cut in UK interest rates last week because she believes the downturn in the jobs market will make the inflation “hump” this year short-lived.

Mann surprised financial markets last week by switching from voting against the Bank’s …

The chief executive of Entain has left the business in a surprise move just five months after joining the owner of bookmakers Ladbrokes and Coral.

Britain’s biggest bookmaker said Gavin Isaacs was leaving by mutual agreement, and with immediate effect. Entain’s share price fell by 10% on the news.

Isaacs, …

“A lot of pain or adversity can be a great foundation for future success,” Sam Burgess says as we track back through the dark times, as well as the glory years, which have shaped him. Burgess, the once imperious rugby league player from Yorkshire who earned searing fame and then …

The chief executive of BP has defended its tumbling profits as the board braces for a campaign by an activist investor to overhaul the troubled oil company.

Murray Auchincloss reported a sharp slump in BP’s annual profits to $8.9bn (£7.9bn) last year from almost $14bn in 2023, just days after …

Good morning. Last night, the Home Office

published footage

of a group of men being escorted from a bus onto a deportation flight. With that release, the Labour government gains the dubious honour of being the first to publish that kind of footage. It follows the publication …

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