Money Moves

Potential car buyers interested in transitioning from petrol to electric vehicles (EVs) often express concerns regarding higher initial costs, the availability of charging stations, and battery performance on long trips. However, a unique challenge has been highlighted by Jaguar Land Rover (JLR), which claims that electric vehicles do not provide sufficient bomb protection required for […]

Christine Lagarde, the President of the European Central Bank, has expressed concerns regarding the potential impact on the global economy if U.S. President Donald Trump were to undermine the independence of the Federal Reserve. Lagarde suggested that political pressure on the Fed could lead to significant instability in the U.S. economy, affecting global economic conditions

ScotRail has eliminated peak fares starting September 1, allowing passengers to travel on busy weekday trains without incurring higher costs. Previously, tickets were priced according to travel times, with peak fare tickets for routes like Edinburgh to Glasgow seeing nearly a 50% reduction and Perth to Dundee fares dropping by a third. This change aims

Royal Mail has reported its first profit in three years, posting £12 million in earnings for the period following its acquisition by Czech billionaire Daniel Kretinsky in April. This profit figure excludes costs related to voluntary redundancies. The company’s performance included a 6% increase in parcel volumes, while letter deliveries decreased by 4%. In July,

UK house price growth experienced a slowdown in August, marking a decrease to approximately its slowest rate in a year, according to data from lender Nationwide. The average price of a home in the UK increased by 2.1% in the year ending in August, down from an annual growth rate of 2.4% recorded in July.

Shares of BYD, a prominent Chinese electric vehicle manufacturer, decreased by up to 8% on Monday following a report of a profit decline attributed to heightened price competition in the automotive sector. The company disclosed that its net profit for the second quarter of the year fell to 6.4 billion yuan (approximately $900 million or

Factories in Asia-Pacific are experiencing a decline in activity, as evidenced by recent surveys indicating that manufacturing output decreased in August. In Japan, new export business contracted at its steepest rate since March 2024. The S&P Global Japan Manufacturing Purchasing Managers’ Index rose to 49.7 in August from 48.9 in July, yet remained below the

Light Project Peterborough (LLP), a charity focused on supporting homeless individuals, is set to launch weekly women-only sessions aimed at creating a “safe and comfortable environment.” This initiative will take place at The Garden House, a day center located in Peterborough, which provides respite and advice to rough sleepers. Approximately 20% of the individuals served

East Midlands Railway (EMR) is set to trial ticketless train travel using location-based technology in the East Midlands, starting Monday. This trial aims to assess the feasibility of a system that tracks passengers’ locations to automatically calculate and charge them the best fare at the end of the day. Approximately 1,000 individuals traveling through Derby,

In the 1980s, countries were assigned unique internet domain addresses, including Anguilla, a British Overseas Territory, which received the .ai domain. This designation has become increasingly lucrative due to the rise of artificial intelligence (AI) and the growing demand for .ai websites. Notably, tech entrepreneur Dharmesh Shah spent $700,000 on the domain you.ai to support