The Platinum Jubilee celebrations conclude on Sunday (5 June) with a colorful street parade that royal revelers are hoping will be crowned by an appearance by the Queen at Buckingham Palace. On Sunday, millions will gather for patriotic street parties, picnics and barbecues, with more than 85,000 Big Jubilee Lunches taking place across the UK. … Read more
Twitter: Panic, but Twitter is down. The microblogging social network has stopped working this afternoon, between 5 and 6 today, Thursday the 17th. In itself, you can enter both the desktop version and the mobile application, but you cannot send messages, or in some cases reload the timeline at all. Or at least you couldn’t. … Read more
SoFi Technologies Inc. picked up a new fan on Wall Street Friday as a Bank of America analyst chimed in with a bullish view of the financial-technology company. Bank of America’s Mihir Bhatia said he was impressed by SoFi’sSOFI,+0.08%breadth of offerings as the company strives to be a “one-stop shop” for financial services. He initiated … Read more
Bank of England (BoE) Governor Andrew Bailey has caused controversy by suggesting that workers shouldn’t ask for significant pay rises to help curb inflation. Millions of people across the country are facing a cost of living crisis, with energy bills rocketing and the rate of inflation expected to top 7% in the months ahead. The … Read more
Millions of people have been told the cost of living crisis could last until 2023 with things only becoming more stable in 2024 The Governor of the Bank of England warned today (February 4) that inflation may not recover to normal levels for another two years and pay squeezes are expected. Andrew Bailey told BBC … Read more
In an attempt to curb rapid inflation, the Bank of England (BoE) will increase interest rates, to what many economists predict will be 0.5 percent, up from 0.25. Official inflation reached 5.4 percent in December, the highest level since March 1992 – while the BoE has warned it could rise further to six per cent … Read more