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Next sales buoyed by unusually warm spring weather in UK

silverguide.site – Fashion and homeware retailer continues winning streak with revenues £55m higher than expected…
Next sales buoyed by unusually warm spring weather in UK

Cause of Heathrow shutdown fire remains unknown, says system operator

silverguide.site – Suspicious activity ruled out after investigation into blaze that left London hub and homes without power…
Cause of Heathrow shutdown fire remains unknown, says system operator

UK interest rate cut: what does it mean for mortgages and savings?

silverguide.site – The Bank of England has voted to cut the cost of borrowing, reducing the base rate to 4.25%. Here’s what it means for you…
UK interest rate cut: what does it mean for mortgages and savings?

British Steel to hire more staff weeks after government rescue

silverguide.site – Open roles include engineers and manufacturing operators as firm prepares to ramp up production…
British Steel to hire more staff weeks after government rescue

UK officials land in Washington as talks over trade agreement continue

silverguide.site – Senior negotiators hope to get agreement with US signed ahead of UK-EU summit on 19 May…
UK officials land in Washington as talks over trade agreement continue

Federal Reserve warns of inflation and jobs risks amid Trump’s erratic trade strategy

silverguide.site – Central bank says ‘uncertainty has increased’ as it opts to maintain benchmark interest rate for third time in a row…
Federal Reserve warns of inflation and jobs risks amid Trump’s erratic trade strategy

Ill winds are blowing for Labour’s 2030 deadline for clean energy

silverguide.site – Loss of the vast Hornsea 4 offshore wind project is bad news but it reveals a big flaw in setting a deadline…
Ill winds are blowing for Labour’s 2030 deadline for clean energy

The Reserve Bank played it safe and didn’t cut interest rates in April – and households suffer | Greg Jericho

silverguide.site – As we focused on the election, the latest retail trade figures came out – and they stunk. Another reason why the RBA should have cut…
The Reserve Bank played it safe and didn’t cut interest rates in April – and households suffer | Greg Jericho

Wegovy maker Novo Nordisk cuts profit forecast as US prescriptions tail off

silverguide.site – Slowdown will deepen concerns Denmark’s biggest company is losing market share to US rival Eli Lilly…
Wegovy maker Novo Nordisk cuts profit forecast as US prescriptions tail off

Decline across UK and eurozone construction slows; European markets fall ahead of Fed rate decision – as it happened

silverguide.site – People’s Bank of China cuts interest rates due to global uncertainty and ‘trade tensions’…
Decline across UK and eurozone construction slows; European markets fall ahead of Fed rate decision – as it happened

BMW boss predicts Trump’s 25% tariffs on foreign cars will be lowered by July

silverguide.site – The German carmaker has reported that its first-quarter profits for 2025 have fallen by 25%…
BMW boss predicts Trump’s 25% tariffs on foreign cars will be lowered by July

Trainline shares tumble amid warnings over expansion of London contactless zone

silverguide.site – Ticket website also faces uncertainty over hit to foreign travel and government plan for UK rail booking system…
Trainline shares tumble amid warnings over expansion of London contactless zone

UK construction activity contracts for fourth straight month as costs rise

silverguide.site – Poor start to year comes after bounceback in last three months of 2024 fizzled out…
UK construction activity contracts for fourth straight month as costs rise

China to cut interest rates in response to trade war with US

silverguide.site – Half-point cut to be made to banks’ reserve requirement ratio and 1tn yuan released into banking system…
China to cut interest rates in response to trade war with US

Danish firm shelves huge UK windfarm project over rising costs

silverguide.site – Ørsted cancels fourth stage of Hornsea project off Yorkshire coast, which was set to include enough turbines to power 1m homes…
Danish firm shelves huge UK windfarm project over rising costs

UK savers urged to ‘act now’ before interest rates start falling

silverguide.site – Experts say there are competitive products available despite expected Bank of England rate cut…
UK savers urged to ‘act now’ before interest rates start falling

Minimum age for train drivers to be lowered to 18 in Great Britain

silverguide.site – Move prompted by looming retirement crisis would help ensure consistent, reliable services…
Minimum age for train drivers to be lowered to 18 in Great Britain

John Lewis’s chair Jason Tarry to earn more than £1.3m this year

silverguide.site – Ex-Tesco executive, who joined the group last year, earned £415,000 in his first four and a half months in the job…
John Lewis’s chair Jason Tarry to earn more than £1.3m this year

Shell doesn’t need to bid for BP

silverguide.site – The opportunity to build a European mega-cap firm is tempting, but it’s hard to beat the appeal of share buy-backs…
Shell doesn’t need to bid for BP

UK business activity falls for the first time since October 2023; US trade deficit hits record; FTSE 100’s record run continues – as it happened

silverguide.site – Rolling coverage of the latest economic and financial news…
UK business activity falls for the first time since October 2023; US trade deficit hits record; FTSE 100’s record run continues – as it happened
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