Business

The price of low-cost everyday grocery items has increased 17% in the 12 months to September, data from the Office of National Statistics (ONS) has shown, more than the average rate of food and drink inflation. The figures, based on web-scraped supermarket data for 30 everyday grocery items, showed the cost of items had already

The 100-plus-year-old Motion Picture & Television Fund, hit by a “perfect storm” of rising expenses and declining revenue, is facing its “imminent demise” and the very real prospect of closing its doors and going out of business by the end of 2022 unless it gets a dramatic infusion of cash donations. “Our mission has never

The financial markets appear to have welcomed news that Rishi Sunak will be the UK’s next prime minister. The pound was up 0.15% against the US dollar just moments after Sir Graham Brady, chairman of the 1922 committee, said that only one valid nomination had been received for the top job. On Friday afternoon, the

Apple is instituting significant price increases starting today for streaming service Apple TV+ along with Apple Music and the Apple One bundle, citing higher licensing and content costs. The monthly price of Apple TV+ will go to $6.99 from $4.99, while the yearly plan is rising to $69.99 from $49.99. Both are 40% spikes, though

The financial markets have enjoyed a rebound as Boris Johnson dropped out of the leadership race, leaving Rishi Sunak as the favourite to become prime minister. On Monday morning, the FTSE 100 started the day with a 0.5% rise, pushing it above the 7,000-point mark for the first time in a week. And the pound

Jeremy Zimmer, co-founder and CEO of United Talent Agency, is the latest prominent Hollywood figure to speak out against Kanye West’s controversial claims of alleged mistreatment by Jewish people, which he has been doubling down on in media interviews. Zimmer addressed the subject Sunday In an email to the agency staff titled “Rise of Anti

Almost six in 10 UK adults are struggling to keep up with their bills, according to new research from the City regulator. The Financial Conduct Authority (FCA) estimated that 7.8 million people were struggling to keep up with their bills – an increase of around 2.5 million people since 2020 – when around 5.3 million

Volatile ESPN pundit Stephen A. Smith unleashed on Kanye West today, asking whether Jewish people helped him or hurt him in his business deals. Smith spoke on his Know Mercy podcast today in the wake of West’s embattled week of interviews, in which the rapper’s comments cost him several business deals amid widespread condemnation. The

The country’s biggest supermarket chain has raised the price for its popular lunchtime meal deal for the first time in more than a decade as costs soar. Tesco revealed that the package, typically a sandwich, packet of crisps and a soft drink, would rise from £3.50 to £3.90 for customers who are not Clubcard holders.

Drake and 21 Savage have announced the release date of their joint album, “Her Loss,” which will be on Friday, October 28. The date and title of the forthcoming album were revealed alongside the music video for “Jimmy Cooks” off of the new album “Honestly, Nevermind,” which dropped back in June of this year. The

Just when you thought it was safe to step back into the gilts market… things are getting nervy again. Around lunchtime on Friday the odds on Boris Johnson winning the Conservative leadership battle rapidly shortened. For a moment, the former prime minister was favourite, on Betfair’s betting markets, to become the next PM. Johnson backed

Formula 1 races will continue on ESPN Networks in the United States through the 2025 season. A new multi-year contract renewal was announced in Austin at the second of two US stops for F1 during the 2022 season. Under the renewal, at least 16 races will air on ABC and ESPN each season, more than

Train passengers have been warned to expect disruption on rail networks as a strike hits services on some of Britain’s busiest routes today. Members of the Rail, Maritime and Transport (RMT) union working for Avanti West Coast are staging a 24-hour walk-out in a dispute over rosters. Commuters have been warned to expect a “significantly

Taylor Swift’s fans have channeled Sally Field to deliver a message: they really, really like her. The feeling is mutual, Swift said today, issuing a “thank you” message to fans for helping her to a new Spotify record for most streams of an album in a single day. The totals on Swift’s new Midnights didn’t

Moody’s rating agency has cut its UK’s financial outlook to negative but maintained its sovereign rating at Aa3. On Friday, the agency lowered the UK’s outlook to negative from stable, citing policy uncertainty amid high inflation and weaker growth prospects. Moody’s said the government’s “ability to engender confidence in its commitment to fiscal prudence” will

Rodolphe Belmer, the former Canal+ CEO on the verge of heading up French network TF1, has stepped down from the Netflix board. The news came in a regulatory filing earlier this week, which stated that Belmer had notified the U.S. streamer October 19 that he would be resigning effective October 27, when he starts at

The latest official data on the state of the public finances and consumer spending makes for grim reading as the country awaits its next leader. The Office for National Statistics (ONS) reported that public sector net borrowing came in at £20bn last month – £3bn more than economists had expected. The report pointed to a

As Hank Williams Jr. says at the top, “Are you ready for some Taylor Swift?” Well, Bocephus didn’t really say that. But Taylor Swift gave football fans a thrill by previewing video clips from her new album “Midnights” on . During the football game’s third quarter on Amazon Prime, the singer shared a teaser trailer

The final straw for Liz Truss’s premiership was a collapse of confidence among Conservative MPs, but the underlying cause is an economic crisis she first ignored, then deepened, and will now define her successor’s time in office. The Conservatives are about to discover that they can change leaders but not the economic hole they have