Money Moves

Baggy, skinny … or neither? Why ‘Goldilocks’ jeans are having a moment | Jeans

Baggy, skinny … or neither? Why ‘Goldilocks’ jeans are having a moment | Jeans

The fashion industry is currently witnessing a resurgence of straight-cut jeans, referred to as “Goldilocks jeans,” which are characterized by their balanced fit—not too skinny and not too baggy. This style has gained attention, prompting comparisons to historical fashion choices, notably those worn by actors like Robert Redford. Leon Hedgepeth, a menswear writer who introduced […]

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Fifa seeks advice over banning league games staged overseas amid regulations redraft | Fifa

Fifa seeks advice over banning league games staged overseas amid regulations redraft | Fifa

FIFA is currently reviewing its regulations regarding the staging of domestic league games in foreign countries and is seeking legal counsel to determine if it can impose a ban on such practices. The governing body of world football aims to update its regulations, with a comprehensive review occurring for the first time in 11 years,

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Rachel Reeves v the OBR: chancellor aims to loosen the watchdog’s grip | Economics

Rachel Reeves v the OBR: chancellor aims to loosen the watchdog’s grip | Economics

The Office for Budget Responsibility (OBR), established during the Conservative-Liberal Democrat coalition, plays a significant role in shaping UK economic policy with a staff of around 50 based in Westminster. The OBR’s recent projections, particularly regarding economic growth and productivity, have influenced Chancellor Rachel Reeves’s policy decisions, including necessary welfare cuts earlier this year and

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What price loyalty? UK supermarket cards rated | Shopping

What price loyalty? UK supermarket cards rated | Shopping

With rising grocery prices, consumers are increasingly turning to supermarket loyalty schemes to save money. For instance, Tesco offers discounts to Clubcard holders, with claims that members can save up to £375 annually on groceries, while Sainsbury’s Nectar scheme suggests savings of over £450. Approximately 24 million UK households are now registered with Tesco’s loyalty

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Rachel Reeves looks for extra headroom in budget to insulate UK economy against bond market | Budget

Rachel Reeves looks for extra headroom in budget to insulate UK economy against bond market | Budget

Rachel Reeves is working to expand the fiscal framework ahead of a significant tax-raising budget in November, aiming to provide a buffer against volatility in government bond markets. Last autumn, the Chancellor achieved her first fiscal rule of balancing taxes and day-to-day spending with a £10 billion surplus, replicating this success at the March spring

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Hackers leak Qantas data containing 5 million customer records after ransom deadline passes | Qantas

Hackers leak Qantas data containing 5 million customer records after ransom deadline passes | Qantas

Hackers have announced that they have leaked personal information of approximately 5 million Qantas customers on the dark web following the expiration of a ransom deadline. This incident is part of a broader cybersecurity breach affecting over 40 companies worldwide, involving potentially up to 1 billion customer records. The hacker group Scattered Lapsus$ Hunters published

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TikTok influencers fuelling parallel market for unlicensed weight-loss drug | Consumer affairs

TikTok influencers fuelling parallel market for unlicensed weight-loss drug | Consumer affairs

An investigation has revealed the emergence of an online parallel market for an unlicensed weight-loss drug called retatrutide, which is currently in clinical trials. This market is reportedly influenced by fitness influencers on TikTok and vendors on platforms such as WhatsApp and Telegram. Social media personalities promote the drug’s fat-burning effects and encourage their followers

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Will UK taxpayers get their £122m back from PPE Medpro? | Michelle Mone

Will UK taxpayers get their £122m back from PPE Medpro? | Michelle Mone

A recent high court judgment has advanced the investigation into the Covid contracts associated with Baroness Michelle Mone and her husband, Doug Barrowman, regarding the supply of personal protective equipment (PPE). Mrs. Justice Cockerill found that PPE Medpro, a company owned by Barrowman, provided defective PPE to the NHS, leading to an order for the

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A tangled web of deals stokes AI bubble fears in Silicon Valley

A tangled web of deals stokes AI bubble fears in Silicon Valley

At OpenAI’s DevDay event, CEO Sam Altman engaged with reporters, a rarity among tech executives, and acknowledged concerns about potential “bubbles” within the AI sector. He noted that some segments of AI might currently exhibit overvaluation signs. This issue has generated significant discussion in Silicon Valley, where skepticism is growing about the rapid ascent of

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