Beverley Rayner 
The Chancellor has set a tight fiscal rule to decrease debt-to-GDP within five years, leaving only a £6.5bn buffer, the smallest since at least 2010. However, the OECD forecasted an upgrade in the UK’s growth in 2023 while warning that the narrow margin could hinder the weak recovery. The OECD stated, “Significant risks surround the … Read more
The results came as the world’s biggest fast fashion company reported a better-than-expected 54pc rise in first-quarter profit, as sales kept pace after a strong 2022, when it outperformed other retailers during the cost of living crisis. Net profit came in at €1.2bn for the quarter that ended in April, exceeding analysts’ average expectations of … Read more
The North Sea has become choppier since Harbour Energy shares started trading in London two years ago. Oil and gas producers are in the eye of a political storm over whether new fossil fuel developments should be permitted. A windfall levy raised their headline tax rate to 75 per cent from 40 per cent. Harbour, … Read more
For Linda Green James and her daughter Suzi Osborne, a beach vacation is a top priority. However, Suzi, who has a traumatic brain injury and uses a wheelchair, often struggles to access the beach. That was until they visited a friend’s condo in Pompano Beach, Fla. in January and discovered a beach wheelchair available for … Read more
By Julie Johnsson | Bloomberg Boeing Co. has encountered flawed parts during production of its 787 Dreamliner and is delaying deliveries, in spite of high demand for its long-range aircraft. The news caused shares to fall by up to 3.9%, after previously having risen 9.6% this year up until close of Monday’s session. The flaw … Read more
TAIPEI – Taiwan’s exports fell for a ninth consecutive month in May, although meeting expectations, in a symptom of anemic demand for the island’s tech products from China and global markets, with matters not expected to improve until the third quarter. Exports last month were down 14.1 percent in value on the year, at $36.13 … Read more
The president of Workers United, the union that has been organizing Starbucks stores, is urging the coffee chain to come to the bargaining table, consolidating negotiations into one table instead of hundreds. Workers United has been working to negotiate first contracts for more than 300 Starbucks locations that have formed unions since the end of … Read more
The Consumer Product Safety Commission is urging parents and caregivers to stop using Boppy Newborn Loungers, recalled in 2021, after two more infants died on the “unsafe sleep environment.” Photo courtesy of CPSC June 6 (UPI) — The Consumer Product Safety Commission is reissuing its warning to parents and caregivers to stop using Boppy Newborn … Read more
During an editorial call on Wednesday, David Zaslav, the CEO of Warner Bros. Discovery and the corporate boss of CNN, took responsibility for hiring Chris Licht, the network boss who was let go after a disastrous 13-month tenure. Zaslav told CNN personnel that they are conducting a “wide search” internally and externally for a new … Read more
Leanne Ricchiuti, who was pregnant at the time, struggled to find day care options for her son. Despite speaking to 40 different day care centers, there were no available spots and wait-lists were more than a year long. The situation put Ricchiuti’s job at risk and she faced the difficult decision of choosing between continuing … Read more