Banana producers in Latin America want better pay to cope with effects of climate crisis

Many experts think fixed rate on 30-month term will still look good after Bank of England raised base rate A savings account paying “market-leading” 5.3% interest was launched this week by Nationwide building society. It’s only for Nationwide members – but there are more than 19 million of them. The account was launched just a couple of days before the Bank of England pushed up the main base rate to 4%, a move that will be welcomed by many savers. Continue reading...

The arbiter of Australian taste abandoned prestige to chase profits through expansion. Now 6,000 staff across 38 stores fear job cuts as ‘difficult decisions’ loom Get our breaking news email, free app or daily news podcast I cut past the glow of the Louis Vuitton displays and sidestep Armani, Hermès and Prada, all while being hit by the mingling fragrances on the ground level at David Jones. A series of escalators at the heart of its flagship Sydney store carries me to the menswear department,

Decision by MPC a week after the budget comes as Iran war continues to drive up energy costs Business live – latest updates The Bank of England has raised interest rates for the first time in more than three years to combat rising inflation, as the Iran war continues to put upward pressure on energy costs. The widely expected move, which took the Bank’s base rate from 3.75% to 4%, was the first rise since August 2023. Continue reading...

With parts of region served by company in severe drought still, regulators give it six weeks to come up with action plan Repeated failures by South West Water to tackle leaks are putting customers at higher risks of losing water supplies as parts of the region remain in severe drought, regulators have said. In a warning to the privatised company that serves 1.8 million people across the south-west of England, the regulators said it had been failing to meet targets to reduce leaks and repair burs