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World’s top 20 private equity firms produce more greenhouse gases a year than most countries, report finds
Source: The Guardian
Original reporting
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We're buying the dip in one of our newest stocks
Nothing has changed in this bank's positive operating-leverage story.
The Guardian
The sinister influence of crypto billionaires on our politics | Letters
Readers respond to the news that Christopher Harborne has given £36m to Reform UK, matching a donation from Ben Delo Cryptocurrency is often sold as decentralised and democratic, yet its real behaviour resembles gravity: wealth is pulled inexorably into a few vast centres while draining from everyone else ( Christopher Harborne matches £36m Reform donation of Ben Delo, 12 September ). Early adopters, insiders and whales acquire huge holdings at negligible cost. Their size then shapes the market, drawing in ordinary investors whose money ultimately fuels those already at the top. Because crypto generates no cash flow and produces little real economic output, it becomes structurally zero‑sum. One person’s gain is another’s loss, and the system relies on a continual inflow of participants whose contributions sustain the fortunes of a minority. Continue reading...
The Guardian
UK retirees with no other income will not pay tax on new £13,000 state pension, No 10 says
Average wages rose by 3.9% in three months to July, signalling pensioners will receive uplift of same percentage in 2027 under triple lock The government has promised retirees they will be excluded from paying tax on the full new state pension after official figures paved the way for an inflation-beating increase above the tax-free personal allowance. Figures published on Tuesday showed that average UK wages rose by 3.9% in the three months to July, signalling that pensioners will receive an uplift of the same percentage next year under the triple lock . Continue reading...
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Trump calls Supreme Court mail ballot ruling 'big loss for Republicans'
President Trump blasted his three Supreme Court appointees for blocking a Postal Service rule that would have allowed mail-in ballots in November's elections.
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Treasury Secretary Bessent defends Trump economic record in contentious hearing
Treasury Secretary Scott Bessent is facing questions on rising energy prices, government debt and the Trump team's economic agenda.
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Mortgage credit scores are evolving. What homebuyers need to know
Mortgage lenders that work with Fannie Mae and Freddie Mac, government-sponsored enterprises, have the green light to use VantageScore 4.0 if they want to.