JPMorgan Chase CEO Jamie Dimon pushed back on calls by the administration of United States President Donald Trump to cap credit card interest rates, claiming that if Congress follows through, it would result in an “economic disaster”. Dimon made his comments on Wednesday at the World Economic Forum in Davos, Switzerland. Recommended Stories list of […]
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Government to water down business rate rise for pubs
The government is poised to announce a climbdown on forthcoming increases to the business rates bill faced by pubs in England. In the coming days the government is expected to say it will make changes to how pubs’ business rates are calculated, resulting in smaller rises to bills. Treasury officials say they have recognised the […]
UK unemployment rate rises slightly to 5.1%
Emer MoreauBusiness reporter Getty Images The UK unemployment rate in the three months to October has increased to 5.1%, according to official figures. That marked a rise from 5% for the three months to September. The number of people in the UK who are unemployed is now at its highest level since January 2021, just […]