‘Greedflation’ Claims Distract, Drive Policy in the Wrong Direction
As we enter 2025, inflation remains a primary concern, frustrating consumers and confounding policymakers and Economists alike. From 2019 to 2023, the Consumer Price Index (CPI) rose by 25.7 percent, reflecting a broad increase in the cost of goods and
Google gives $1million to Trump inauguration
Google has donated $1 million to President-elect Donald Trump’s inauguration fund, the company confirmed to POLITICO Thursday, matching contributions from Meta, Amazon, OpenAI CEO Sam Altman and Apple CEO Tim Cook. Tech companies have clamored to win Trump over in
Emma Watson’s gin brand nets £5m as Renais plots global expansion
Emma Watson’s premium gin venture Renais has raised nearly £5 million to speed up its global expansion, building on its reputation for sustainable production and strong international demand.Co-founded by the Harry Potter star and her brother, Alex Watson, the Dorset-distilled
Food inflation poised to jump above 4% as levies and wage rises weigh on retailers
Food price inflation is expected to climb above 4 per cent this year, the British Retail Consortium (BRC) has warned, in a sharp reversal of the recent trend of slowing shop prices. According to the lobby group’s forecasts, prices at the
Sterling tumbles as bond yields soar, fanning fears over UK public finances
Sterling endured its sharpest three-day decline in almost two years this morning, as investors continued to offload UK government debt and flock to the US dollar. By early trading, the pound had slipped 0.9 per cent against the dollar to $1.226,