UK economy shrank unexpectedly by 0.1% in October
The impact of the JLR cyber-attack continued to affect output, while analysts say spending was hit by Budget uncertainty. Source: Original News
Category: Business
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EU backs indefinite freeze on Russia’s frozen cash ahead of loan plan for Ukraine
After almost four years of Russia’s full-scale war, Kyiv is running out of cash, and needs an estimated €135.7bn over the next two years. Source: Original News
Why your chocolate is getting smaller, more expensive and less chocolatey
Christmas treats are getting eaten away by ‘shrinkflation’ and the Grinch even has an eye on the cocoa content. Source: Original News
Fed lowers interest rates but future cuts uncertain
The US central bank lowered interest rates for the third time this year, but the outlook for further cuts remains murky. Source: Original News
Leon to close 20 stores and cut jobs in restructure
The “healthier” fast food chain confirmed there would be job losses, as it appointed administrators. Source: Original News
Shares in AI giant Oracle fall after revenue results ramp up bubble fears
The cloud computing giant’s revenue miss renews questions about its financial health. Source: Original News
Trump launches $1m ‘gold card’ immigration visas
The special visas will be awarded to those who can show they can make a “substantial benefit” to the US. Source: Original News
Banks to tell you where you might put your money
Targeted support will allow banks and financial firms to make suggestions on how to handle savings. Source: Original News
UK pharma boss says US is the best country to invest in
In an interview with the BBC, Dame Emma Walmsley says she will not “shy away” from GSK’s US expansion. Source: Original News
Is AI in recruitment a ‘race to the bottom’?
AI helps jobseekers to apply for hundreds of roles, meanwhile employers use AI to filter them. Source: Original News