Money Moves

Ministers are reportedly considering increasing the payments the NHS makes to pharmaceutical companies for medications by as much as 25%. This follows extensive discussions involving the Trump administration and various drug manufacturers. In response to ongoing tensions regarding pricing, Labour has proposed changes to the cost-effectiveness thresholds used by the NHS to evaluate new drugs. […]

Elon Musk and X have reached a settlement with four former executives from Twitter, including the ex-CEO, who claimed they were owed $128 million in severance pay after Musk’s acquisition of the social media platform in 2022. The former executives, Parag Agrawal, Ned Segal, Vijaya Gadde, and Sean Edgett, alleged that Musk unjustly accused them

The impasse over the U.S. government shutdown continued on Wednesday, as senators rejected competing funding bills from both Democrats and Republicans. The shutdown has resulted in the closure or limited operation of federal offices, national parks, and other government services, leading to furloughed employees and reported staffing shortages in essential areas such as airports and

The late 1990s dotcom bubble saw the tech-heavy Nasdaq index in the U.S. increase by 86% in 1999 alone, driven predominantly by companies announcing plans related to the internet. Alan Greenspan, the Federal Reserve chair at the time, described the stock market’s atmosphere as one of “irrational exuberance” as early as December 1996. Over the

Puffin, a children’s publisher and imprint of Penguin Random House, is taking urgent action to inform UK schools and local authorities about a potential safety issue involving its books. A web address included in the “Spy Dog,” “Spy Pups,” and “Spy Cat” series by author Andrew Cope has been compromised and redirected to a pornography

The economic policies of the Conservative Party in the UK are being scrutinized in light of current challenges facing the government. As various political figures, including Kemi Badenoch, are highlighted in discussions about economic credibility, questions arise about the effectiveness of these policies. The party’s approach to economic issues has been a point of contention

David Lammy, the UK justice secretary, has announced that the government will not reintroduce fees for individuals seeking to take their employers to employment tribunals. This decision follows significant backlash from trade unions regarding previously considered proposals to impose charges as part of ongoing spending review negotiations. Last week, it was reported that the Ministry

Staffing shortages at U.S. airports are expected to exacerbate disruptions for air travelers as the federal government shutdown continues into its seventh day. Union leaders representing air traffic controllers and airport security personnel have raised concerns about deteriorating conditions, as the Federal Aviation Administration (FAA) reported staffing issues in several major cities, including Nashville, Boston,

On Tuesday, the European Union announced a new set of tariffs on steel imports, increasing the percentage to 50% and not providing any exceptions for metal imports from the UK. This announcement poses significant concerns for the UK steel sector, as the EU represents its largest market, accounting for 78% of UK steel exports, approximately

The Nobel Prize in Chemistry has been awarded to Susumu Kitagawa from Kyoto University, Richard Robson from the University of Melbourne, and Omar Yaghi from the University of California, Berkeley. They were recognized for their contributions to the development of metal-organic frameworks (MOFs), innovative porous materials that have potential applications in various fields, such as