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The UK’s blue-chip stock index hit a record high on Friday, as rising hopes of interest rate cuts this year drove down government borrowing costs.

Almost every share on the FTSE 100 rose on Friday, as a fall in the value of the pound boosted multinational companies listed in London …

The International Monetary Fund has upgraded its forecast for UK growth this year in its biannual assessment of the global economy, while taking a swipe at plans by Donald Trump’s incoming US administration for the potentially destabilising effect of large-scale tax cuts, import tariffs and weaker regulations.

In a fillip …

Octopus Energy has become Britain’s largest household energy supplier for the first time, toppling British Gas almost four decades after it was privatised under Margaret Thatcher.

The energy company grew its share of the market to 23.7% of households in Great Britain by the end of last year, according to …

The economist John Van Reenen lacks the public status of Gordon Brown’s “two Eds” – Balls and Miliband – who ranged across Whitehall in New Labour’s first term, enforcing the Treasury’s will.But ask today’s Labour apparatchiks about Rachel Reeves’s approach to growth, which she will set out in a speech …

On a rough, unlit path that runs alongside the River Dee, a bunch of tulips still fresh in their wrapping stand out among the mangled beer cans and strewn litter.

The simple bouquet is addressed to Eliza and Henrietta Huszti, 32-year-old sisters, originally from Hungary but living in Aberdeen for …

Monday

Hi, from the house of norovirus! One child down, one still standing, no community spread as far as we know, although every hour I check myself over and ask: is that nausea I’m feeling, or have I eaten too many walnuts (again)?

So far, it’s the walnuts. But we’re …

China’s economy grew by 5% in 2024, in line with government targets but at the slowest rate since 1990 outside the Covid pandemic, according to official data.

Growth accelerated through the year, with an expansion of 5.4% in the final quarter, up from 4.6% in the third quarter, according to …

Al-Qaida, Hezbollah, the Islamic State – the list of

foreign terrorist organisations

(FTOs) is a who’s who of America’s enemies. Now

Donald Trump

wants to add a new one: Mexican cartels.

Experts say the designation wouldn’t give the US many more tools to go after organised …

Inside an old television studio, on an industrial park a few miles from Miami’s international airport, an enthralling new show will premiere on Friday. It is opening night for the Unrivaled women’s professional basketball league, a production almost two years in the making that is poised to revolutionize the sport.

The Bank of England has delayed the introduction of tougher global banking capital rules by a further year to prevent another 2008-style crash, blaming the

second delay

on a lack of clarity about its implementation in the US.

The Bank’s regulator, which made the decision after consultation …

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