Inflation in the UK has eased to 2%, raising the possibility of an interest rate cut in the coming months. The Office for National Statistics (ONS) confirmed on Wednesday that the consumer prices index (CPI) rate for the year to May was 2%, indicating a
JP Morgan Chase, the largest bank on Wall Street, has announced plans to lift Brussels’ bonus cap for its London-based staff. This comes just weeks after rival Goldman Sachs made a similar move, signaling a new era in industry pay post-Brexit. The bank is in
Boeing Faces Possible $25 Billion Fine and Criminal Proceedings Over Fatal 737 MAX Crashes, Say Victims’ RelativesIn a letter to the US Department of Justice (DoJ), the relatives of the 346 victims of the fatal 737 MAX 8 crashes have called for Boeing to be
Inflation Drops to 2%: A Welcome Development for Bank of England and UK GovernmentAfter a long and challenging journey, inflation in the UK has fallen back to 2%, the target set by the Bank of England and the Conservative party’s election campaign. This news is
London-based buyout firm Bridgepoint is in the final stages of acquiring specialist consulting firm Alpha Financial Markets Consulting (Alpha FMC), which is listed on the FTSE-250. According to sources, the two companies are nearing an agreement on a deal worth approximately £550m. This potential acquisition,
The Money blog is a trusted source for personal finance and consumer news, as well as the latest updates on the economy. We value your opinion and welcome your thoughts on the topics we cover. Share your comments in the designated box below.In a significant
THE INFORMATION TECHNOLOGY and business process management (IT-BPM) industry is on track to achieve a 7% growth in revenue and headcount by the end of 2024, an industry group said.Jack Madrid, president of the IT and Business Process Association of the Philippines (IBPAP), told reporters
THE BANGKO Sentral ng Pilipinas (BSP) has kept its benchmark rate steady at a 17-year high of 6.5% since October 2023 to tame inflation. — REUTERSTHE PHILIPPINE ECONOMY may grow slower than the government’s targets this year through 2028, as high interest rates weigh on
By John Victor D. Ordoñez, Reporter THE PHILIPPINE government should boost spending on its public education system, arts and technology, as well as improve on-the-job training programs for students after a global study found Filipino students among the worst in the world in creative thinking, according
THE PHILIPPINES dropped 11 spots in an index that measures countries’ energy transition efforts, reflecting the slowing global momentum amid increasing uncertainty. The Philippines ranked 105th out of 120 countries in the World Economic Forum’s (WEF) Energy Transition Index (ETI), from 94th in 2023. The Philippines’ latest
1 of 2IF ONE searches for a Filipino recipe on Google, chances are you’ll find Panlasang Pinoy’s website. Sure, cookbooks are available, but as the world goes increasingly digital, so have our references. Vanjo Merano, the website’s founder, has been at it since 2009, making
On Michelin stars, food awards, and fast food By Howard Chua-Eoan WHEN you can pay for any number of famous chefs to cater your economy-shaking concert tour, but you choose a takeout chain instead… Taylor Swift’s decision to pick Greggs — the United Kingdom’s (UK) beloved bakery-turned-takeaway franchise