Rachel Reeves is celebrating the Bank of England’s interest cut – but behind the scenes she has little to cheer | Money News

Rachel Reeves is celebrating the Bank of England’s interest cut – but behind the scenes she has little to cheer | Money News

The economy is stagnating and job losses are mounting. Now is the time to cut interest rates again. That was the view of the Bank of England’s nine-member rate setting committee on Thursday. Well, at least five of them. The other four presented us with a different view: Inflation is above target and climbing –…

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Elon Musk, a fierce Davos critic, tells World Economic Forum that robots will outnumber humans

Elon Musk, a fierce Davos critic, tells World Economic Forum that robots will outnumber humans

Elon Musk, a long-time critic of the World Economic Forum’s annual event in Davos, Switzerland, appeared at the gathering for the first time on Thursday, where he predicted that robots will eventually outnumber humans.Β  Musk has previously dismissed the event, which this week is hosting multiple heads of state, business figures and others, including President…

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Citroen urged to fix ‘chaotic’ recall and pay compensation to affected drivers | Money News

Citroen urged to fix ‘chaotic’ recall and pay compensation to affected drivers | Money News

Citroen has been told to improve its “chaotic” and “shameful” recall over a potentially fatal airbag safety fault.Β  Consumer champion Which? wants the government to intervene if Stellantis, the car brand’s parent company, does not improve the process for fixing the fault and offering customers compensation. Read all the latest Money news here A “stop-drive”…

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Manchester United call themselves an ‘inclusive and welcoming’ club day after co-owner says UK ‘colonised’ by immigrants | UK News

Manchester United call themselves an ‘inclusive and welcoming’ club day after co-owner says UK ‘colonised’ by immigrants | UK News

Manchester United have said they “pride” themselves “on being an inclusive and welcoming club” hours after their co-owner described the UK as being “colonised” by immigrants. The club released a statement emphasising the club’s inclusiveness and diversity on a day during which politicians continued to criticise Sir Jim Ratcliffe for his comments. The founder of…

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